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EuroSkills 2016: battle of young craftspeople

Young people from more than 30 countries were in the Swedish city of Gothenburg to take part in EuroSkills 2016.

Economy

US jobless figures fall to nine-year low as employment stays stable

2016 likely to create less jobs but US unemployment to stay under 5% mark says US Bureau of Labour Statistics.

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U.S. workers rally in first 'Fight for $15' protest since Trump win

Workers from fast-food chains and nearly 20 airports joined nationwide protests for higher pay, union rights and immigration reform on Tuesday in their first major action since businessman Donald Trum

Business Series

Alitalia under fresh pressure to axe 2,000 jobs

Italy’s flag carrier, Alitalia may be forced to cut up to 2,000 jobs as it continues efforts to stem losses.

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World

World Bank warns popularist politics will drag on global growth

Populism has a negative impact on the long term economic outlook of Europe and Central Asia but short term growth is expected to accelerate in the region – according to a new report from the World…

USA

Trump lays out his plans for first 100 days

Donald Trump has released a video message outlining his policy plans for his first 100 days in office.

Business Series

Volkswagen slashes 30,000 jobs to save billions

Volkswagen has unveiled plans to cut 30,000 jobs to help achieve 3.7 billion euros in annual savings by 2020.

Economy

British jobless rate falls to 11-year low

Britain's jobless rate unexpectedly fell to an 11-year low between July and September, but there were also signs of a possible labour market slowdown.

Business Series

Microsoft moves to address competition issues on LinkedIn takeover

Microsoft has offered concessions to EU antitrust regulators over its bid for social network LinkedIn.

Economy

US adds 161,000 jobs in October, wages rise

US monthly jobs numbers show a strong pace of hiring in October, a lower unemployment rate and increased wages.

Economy

Eurozone unemployment eases to 10 percent

Unemployment in the eurozone remains high but eased in September to the lowest level in five years at 10 percent of the workforce.

Business Series

Bombardier to cut more jobs in Canada and Germany

Canadian plane and train maker Bombardier says it is cutting another 7,500 jobs - 10 percent of its workforce - over the next two years.

Economy

UK job growth slows but no Brexit shock yet

Job creation in Britain slowed in the three months up to August but it seems the Brexit vote has not yet undermined the labour market.

Business Series

Peugeot Citroen to cut more jobs in France - reports

Carmaker Peugeot Citroen reportedly plans to cut more than 2,000 jobs in France next year through early retirements and voluntary buyouts.

Economy

US employment growth steady but slower in September

US employers hired 156,000 people in September against a forecast of 175,000.

Business Series

Swedish telecoms network equipment company Ericsson to cut 3,900 jobs

Tough times in the telecoms industry mean Swedish mobile phone exchange equipment maker Ericsson is cutting 3,900 jobs - a fifth of its workforce.

Economy

Unemployment rises in Spain for second straight month

The number of people in Spain registering as unemployed rose in September as the jobs boost of a strong tourist seasons wears off.

Business Series

Netherlands bank ING to cut 7,000 jobs in digital quest

ING, the Netherlands' largest financial services company, is getting rid of 7,000 positions and will invest 800 million euros in its technology platform.

Markets

Commerzbank's shares slip despite restructuring

Commerzbank has confirmed it will reduce its workforce by more than a fifth - cutting 9,600 jobs as it faces a slump in earnings.

Business Series

Alstom in crisis talks with French government over train making plant

Alstom has begun crisis talks over plans to stop making trains at its plant in Belfort. The French government is insisting the facility remains open.