UK public sector bears brunt of cuts
The chancellor will cap public sector pay increases to just 1% a year for two years in a bid to keep his austerity plan on track
The chancellor will cap public sector pay increases to just 1% a year for two years in a bid to keep his austerity plan on track
TOKYO (Reuters) - Japan’s Olympus Corp has launched a review of its business structure, according to an internal memo, amid speculation the 92-year-old company may have to sell assets in order to survive a massive accounting scandal. The maker of cameras and medical equipment is also looking to reform its corporate governance, and is setting up separate teams to supervise the two reviews, according to the November 28 memo, obtained by Reuters and later confirmed by the company. …
Office of Budget Responsibility downgrades its estimate of Britain’s economic potential over the next few years
November 28, 2011 - Along July 26th Street are Cairo’s toiling and privileged, its Islamists and less pious, and on election day, Egypt’s divides were bridged, if only for a moment.
Popeyee posted a photo:
La Défense is a major business district of Paris.It holds many of the Paris urban area’s tallest high-rises and is Europe’s largest purpose-built business district. La Défense is seen as comparable to Canary Wharf in London.
European leaders need to provide ‘credible’ firepower to stop the contagion in the eurozone or risk a severe recession, OECD warns
The government is set to announce a major drive to encourage investment in large infrastructure projects.
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