Commerzbank confirms cutting 5,200 jobs by 2016
Germany's second-largest bank has finalized an agreement to cut 5,200 jobs over the next three years. Struggling Commerzbank AG on Wednesday said some ...
Report: Commerzbank to lay off 5,000 employees
German news agency dpa is reporting that the country's second-largest bank is set to lay off about one tenth of its workforce. Dpa reported Tuesday ...
Lego to expand Czech facility to meet demand
Danish toymaker Lego says it will expand a factory in the Czech Republic and create some 800 jobs to meet growing regional demand for its popular ...
Stora Enso lays off 2,500 workers worldwide
Nordic paper maker Stora Enso says it will lay off 2,500 workers, or some 9 percent of its total global workforce, as part of a major cost-cutting ...
Sweeping US-EU trade talks to start in July
A top European Union official says talks on a sweeping new free trade agreement between the EU and the US will begin next month. Jose Manuel Barroso, ...
Italy approves measures aimed at boosting economy
The Italian government has adopted a series of measures aimed at boosting the economy, including the release of 3 billion euros ($4 billion) for ...
Europe seeks ways to ease youth unemployment
Germany, France, Italy and Spain agreed Friday to find ways to help small- and medium-sized companies as part of a broader plan to create badly needed ...
Duel estimates of harm caused by Dutch tax system
Two prominent nonprofit organizations in the Netherlands have offered widely differing estimates of the harm caused to developing countries by ...
Greek state TV, radio broadcasts go off the air
Greek state TV and radio were gradually pulled off the air late Tuesday, hours after the government said it would temporarily close all state-run ...
IKEA founder Kamprad leaves board post
The founder of Swedish furniture giant IKEA, Ingvar Kamprad, will leave the board of the firm that controls the IKEA brand as part of a gradual shift ...
Locked doors a sign of China work-safety failings
A fire breaks out in a Chinese factory, and panicked workers discover one exit after another is locked. That describes not only the poultry plant fire ...
Fire, locked doors kill 119 at China poultry plant
A swift-moving fire trapped panicked workers inside a poultry slaughterhouse in northeastern China that had only a single open exit, killing at least ...
Union calls 1-day strike at Amazon Germany
Workers at online retailer Amazon's German operations are staging a third one-day strike over pay. Union ver.di called on staff at Amazon's ...
NKorean farmers planting rice with profits in mind
North Korean farmers knee deep in muddy paddies across the country have a new incentive during this year's crucial rice planting season: possible ...
Spain court rules against town's pot-growing plans
Spain's judiciary on Friday rejected a plan by a small town in northeastern Catalonia to ease its municipal debt and help lift itself out of the ...
Vatican bank chief's priority: clean up reputation
The new head of the Vatican bank says his top priority is to clean up the bank's reputation, saying the institution hasn't served the pope well but ...
Terror remains for Salvadorans despite gang truce
Young men come around once a week to collect $20 from store owner Carlos Tevez, the "tax" he pays to continue operating his business and to keep his ...
VW's German workers win raises in pay deal
Volkswagen's German factory workers will get a two-stage raise under a new wage deal reached as the automaker grapples with slipping sales and profit.
Amazon workers in Germany stage strike
Amazon's German workers are staging a short-term strike in a push for higher wages. The ver.di union said Monday employees in Leipzig are walking off ...
Senate panel approves immigration bill
Far-reaching legislation to grant a chance at citizenship to millions of immigrants living illegally in the United States cleared the Senate Judiciary ...
Ericsson closes down cable production, cuts jobs
Wireless equipment maker Ericsson AB says it will close down its telecom cable manufacturing operation and cut around 350 jobs in Sweden.
Head of embattled G4S security force retires
The chief executive of security firm G4S is to retire after a tumultuous year that saw the company fail to fulfill its Olympic contract. The company ...
NBC hires news division chief from Britain
NBC has gone out of the company and out of the U.S. to find a president for its news division, naming the first woman to hold the top job at its news ...
EU survey reveals many gays live in fear
Across Europe, gay couples are scared of publicly engaging in even the most basic expression of their affection: Holding hands. Released Friday, the ...
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