Gettelfinger Vows to Preserve Jobs Bank
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DETROIT -- United Auto Workers President Ron Gettelfinger reassured General Motors Corp. and Delphi Corp. retirees and workers Tuesday about the safety of their pensions and said the union would try to preserve the jobs bank that guarantees pay for laid-off workers.
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Germany pledges to fight against the country's Airbus plants being disproportionately hit by expected job cuts at the firm.
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FRANKFURT Joseph Ackermann, the Deutsche Bank chief executive, announced a much-anticipated personnel shake-up Tuesday aimed at solidifying leadership in its profitable investment banking business and restoring confidence in its commitment to Germany, the
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Germany&#39;s biggest industrial union agreed to a 28-month pay freeze in a deal Wednesday with automaker Volkswagen, receiving in return a guarantee that there will be no layoffs before 2011, the chief union negotiator said Wednesday.
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The German government will stick to its  disputed goal of raising living standards in the formerly  communist east to western levels despite the spiraling costs,  Chancellor Gerhard Schroeder said Tuesday.
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Airbus parent EADS has pledged to consult workers before selling plants or cutting jobs as part of a plan to rescue the planemaker, the works council at EADS said on Friday.Comment
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A Kilkeel company secures a multi-million dollar contract and the promise of at least 100 new jobs for the area.
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Renders to be realised next spring, firm pledges
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Deutsche Bank, the biggest German private bank, has said it planned to maintain its current strategy after its main corporate and private customer businesses contributed to record earnings last year.
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A plan by union workers to keep the Alcatel - Lucent telecom plant on the Haverhill/North Andover line from closing is being reviewed by officials at the company's New Jersey headquarters, a spokeswoman said.
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Thailand's central bank boss, expected to be a key figure in the new government, pledges to maintain financial stability.
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Deutsche Telekom  plans to keep on cutting jobs and may consider small investments in emerging markets, its chief executive said in extracts of a newspaper interview released on Sunday.
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Russia&#39;s Gazprom natural gas monopoly said Monday that the chief executive of a state oil company it is set to absorb would retain his job.
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German state politicians and banking officials hammered out a late-night deal to secure the rescue of troubled state-backed lender SachsenLB, they said on Thursday.
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Chancellor Gerhard Schroeder said Monday he is confident of winning Germans over to his reform plans and rebuilding his party&#39;s support after avoiding major new losses in local elections in a traditional stronghold.
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Business & money: Owner outlines his strategy to revive label in face of growing opposition to plans to cut up to 2,000 jobs
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DETROIT, Sept. 25 -- United Auto Workers President Ronald A. Gettelfinger Tuesday morning said he is hoping for a quick end to the day-old strike against General Motors as the ripple effects began to be felt -- especially in Canada, where auto plants already are shutting down and as many as 100,0...