Hans Vestberg, Ericsson’s incoming chief executive, on Tuesday signalled his determination to bear down further on costs at the largest mobile network equipment maker.The Swedish group announced plans to cut 950 jobs in its home country in a move th
The new NI Education and Skills Authority (ESA) has cost £7m of public money despite not officially existing.The new body was supposed to replace the existing education and library boards on January 1 but a political row has prevented its crea
Pollution and climate change cost Lebanon more than half a million dollars (330 million euros) a year, the environment minister said on Friday ahead of the UN climate talks. The state loses up to 550 million dollars (365 million euros) to pollution
Congressional efforts to revamp the U.S. healthcare system are not enough to stem soaring health costs or close the nation's budget gap, a top Obama administration official said on Wednesday, adding that current bills must be strengthened to help re
Barclays, Lloyds Banking Group and Royal Bank of Scotland, the UK banks, are facing £6bn ($10bn) in extra interest rate costs over the next four years as the Bank of England withdraws cheap emergency loans from the market.The cost of replacing this
Nov. 30 (Bloomberg) -- President Barack Obama will tell thepublic tomorrow how the U.S. will pay for his new strategy tostabilize Afghanistan and that there are limits to Americaninvolvement there, said his spokesman, Robert Gibbs. In an address o
FRANKFURT - The German industrial conglomerate MAN could face up to 300 million euros in fines, costs and fiscal sanctions stemming from a corruption affair, a press report said on Monday. A MAN spokesman told AFP the amount was just speculation,
Bari coach Giampiero Ventura wants to see a different performance from last weekend's, when his side meet Siena on Sunday in the 14th matchday of the Italian top flight.The Biancorossi are in fact coming from a 3-1 defeat against Roma, but Ventura b
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