Volkswagen Advertisement Deemed Unsuitable for Kids

April 2, 2009

www.volkswagen.co.uk Volkswagen has created an advertisement that shows an engineer fighting with a number of versions of himself, which has been deemed by the Advertising Standards Authority as offensive, shocking, and not suitable for kids. Over 1,000 ...

Jarvis Plc Axes 450 Staff Due to Less Work

April 1, 2009

www.jarvisplc.com Jarvis Plc, the maintenance group for railways, is cutting 450 workers in reaction to a gap in work from Network Rail. These redundancies are equal to about 15% of their workforce. The announcement of staff cuts was ...

Visteon UK Staff Protests Closures as Collapse Risks 600 Jobs

April 1, 2009

www.visteon.com/worldwide/eu/uk.html As Visteon goes into bankruptcy, three plants of the company in Northern Ireland and England are to close due to the company no longer being able to support the financial losses of the plants. The closures ...

Airbus Calms Uproar Over A400M

March 31, 2009

www.airbus.com There has been much uproar over the A400M project at Airbus, and the European Aeronautic Defense and Space Company (EADS) has drawn back from a new uproar about the military project still being delayed, following Tomas Enders, ...

TUI Travel Makes Share Deal with Air Berlin

March 31, 2009

www.tuitravelplc.com / www.airberlin.com TUI Travel, the largest travel company in Europe, is taking a stake in Air Berlin. The travel firm is paying €64.8 million for a 19.9% of the shares in the airline as part of ...

7500 General Motors Staff Accept Buyout

March 27, 2009

www.gm.com Over 14,000 General Motors staff that are eligible for retirement have elected to stay with the automaker instead of accept a buyout package of as much as US$45,000. However, yesterday the company said that over 7,500 ...

British Airways Could be Headquartered in Spain

March 25, 2009

www.britishairways.com After merging with Iberia, the government of the United Kingdom says that they will not intrude on British Airways being based in Spain. Both British Airways and Iberia are anticipated to continue operations as separate companies ...

Honda Proposing Pay Cuts for UK Staff

March 25, 2009

www.honda.co.uk Honda has proposed pay cuts for thousands of their workers in the United Kingdom amid the recession, which has hit the automotive industry. Staff at the Swindon factory, which isn't producing any vehicles right now, are ...

Carnival Profits Increase on Lower Prices

March 25, 2009

www.carnival.com Carnival, the largest cruise line company, said that their profit for the first quarter increased due to lower costs, discounts that attracted holidaymakers, and the cheaper cost of fuel. The operator cut their forecast for this ...

LDV Rescue Plea of 5 million pounds

March 24, 2009

www.ldv.com A £5 million bridging loan is to be called on from the government by a management buyout team who wishes to save LDV, the van manufacturer. This move will allow the firm some more time in ...