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BAE to cut jobs 'over three years'

2013-11-14 12:12:38| BBC News | Business | UK Edition

BAE Systems tells staff at its UK shipyards that 1,775 job losses will be phased in over the next three years.

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Npower owner RWE to cut 6,750 jobs

2013-11-14 09:11:41| BBC News | Business | UK Edition

German power giant RWE, which owns Npower, will cut 6,750 jobs across Europe and reduce costs by another 1bn euros between 2014 and 2016.

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Typhoon to cut Philippines growth

2013-11-14 02:42:50| BBC News | Business | UK Edition

Philippine Finance Minister Cesar Purisma tells the BBC that Typhoon Haiyan could cut economic growth by one percentage point next year.

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Nissan/Renault Cut EV Sales Expectations

2013-11-13 09:00:40| AutomotiveDigest.com - Automotive Industry News

Nissan/Renault wont meet Chief Carlos Ghosns ambitious goal of selling 1.5 million electric vehicles by 2016, citing major obstacles that make it tough sailing. Learn more about the current sales campaign and what the future holds. [More]The Article Nissan/Renault Cut EV Sales Expectations appeared first on Automotive Digest.

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Hedge Funds Cut ICE Brent Oil Bets To Least Since April

2013-11-11 15:50:00| OGI

Bearish positions by producers, merchants, processors and users of Brent outnumbered bullish wagers by 290,357 contracts, a 9.7% decrease in their net-short position from Oct 29.

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