BERLIN Ford Motor Co. F 3.08% detailed plans to close factories in Europe and cut 12,000 jobs, or more than 20% of the companys workforce there, an effort to return to a profit in the region and focus on technologies that are reshaping the auto industry. The moves are part of a revamp of Fords…
DetailsBy David McHugh|AP, FRANKFURT, Germany Carmaker Ford said Thursday it is shedding 12,000 jobs in Europe as it streamlines operations in the region to increase profitability. The job cuts are part of a broad restructuring that includes the already announced closure of six plants in Europe. Ford is reducing its total number of…
DetailsThe former head of a contracting firm charged with embezzling almost $6.5 million during construction of a Russian spaceport and spending money on luxury goods has received a suspended sentence and escaped jail time. The Vostochny Cosmodrome, a $3 billion project seen in Moscow as vital to secure Russias independent access to space, has been…
DetailsMUMBAI: Consumer goods-to-real estate conglomerate Godrej could see a restructuring as differences have surfaced between family members over the way forward for the 122-year-old, $5-billion enterprise. Group chairman Adi Godrej and his brother Nadir Godrej are on one side while cousins Jamshyd Godrej and Smitha Godrej Crishna are on the other. A TV report said…
DetailsMUMBAI: Consumer goods-to-real estate conglomerate Godrej could see a restructuring as differences have surfaced between family members over the way forward for the 122-year-old, $5-billion enterprise. Group chairman Adi Godrej and his brother Nadir Godrej are on one side while cousins Jamshyd Godrej and Smitha Godrej Crishna are on the other. A TV report said…
DetailsColby Covington was recently booked to face Robbie Lawler in the main event of UFC on ESPN 5, set for Sat., Aug. 3, 2019 inside Prudential Center in Newark, New Jersey. Chaos was in line to get the next Welterweight title fight against Kamaru Usman, but since The Nigerian Nightmare is still recuperating from injury,…
DetailsGerman TV Company Loewe which is 96 years old has called in the administrators, but insiders are tipping that a new look Company could emerge as investors snap up assets and investors take advantage of the strength of the Loewe name and history. In Australia the brand is distributed by Indi Imports. According to people…
DetailsMARTHA GILL June 27 2019, 12:01am,The Times Martha Gill Opening an addiction clinic is a sad indictment of our efforts to shield the young from gambling Britain is a country of gamblers. There is Ascot, there is the National Lottery, and there were Winston Churchills routinely unlucky streaks in Monte Carlo (on one visit he…
DetailsWhen you start a new job, youre inundated with paperwork but leaving one small box unticked could result in a nasty surprise bill. Department of Education and Training figures reveal 2.9 million Australians had outstanding Higher Education Loan Program (HELP, formerly HECS) debts in 2017-18. Thats a significant jump from the 2.7 million who had…
DetailsWhen you start a new job, youre inundated with paperwork but leaving one small box unticked could result in a nasty surprise bill. Department of Education and Training figures reveal 2.9 million Australians had outstanding Higher Education Loan Program (HELP, formerly HECS) debts in 2017-18. Thats a significant jump from the 2.7 million who had…
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