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Siemens unveils huge layoff plan involving 16,750 jobs

Posted Monday July 7, 2008, 9:14 pm, Over one day old
BERLIN (AFP) - German engineering giant Siemens unveiled on Tuesday one of its biggest restructuring plans ever, saying 16,750 jobs would be cut worldwide, almost one-third of which would be at home.

Read Siemens unveils huge layoff plan involving 16,750 jobs (Links)

Higher CO2 levels may be good for plants: German scientists

Posted Monday July 7, 2008, 9:14 pm, Over one day old
BERLIN (AFP) - The dangerous rise in greenhouse gases in the atmosphere may be troubling scientists and world leaders but it could prove to be a boon for plants, German researchers said Tuesday.

Read Higher CO2 levels may be good for plants: German scientists (Links)

Siemens unveils huge layoff plan involving 16,750 jobs

Posted Monday July 7, 2008, 8:04 pm, Over one day old
BERLIN (AFP) - German engineering giant Siemens unveiled on Tuesday one of its biggest restructuring plans ever, saying 16,750 jobs would be cut worldwide, almost one-third of which would be at home.

Read Siemens unveils huge layoff plan involving 16,750 jobs (Links)

Global shares plunge on banking fears

Posted Monday July 7, 2008, 8:04 pm, Over one day old
LONDON (AFP) - Global stocks suffered heavy losses Tuesday, falling further into 'bear market' territory on fresh fears over the health of the banking sector as the credit crunch bites deeper on economic growth.

Read Global shares plunge on banking fears (Links)

Global shares plunge on banking fears

Posted Monday July 7, 2008, 5:55 pm, Over one day old
LONDON (AFP) - World stock exchanges suffered sharp falls Tuesday on fresh fears for the banking sector, with the French market hitting a three-year low following big losses in Asia and the United States, dealers said.

Read Global shares plunge on banking fears (Links)

G8 says soaring oil, food prices threaten global economy

Posted Monday July 7, 2008, 5:55 pm, Over one day old
TOYAKO (AFP) - Eight of the world's most powerful leaders called Tuesday for efforts to cool sizzling oil prices, warning soaring fuel and food costs were a threat to world economic growth.

Read G8 says soaring oil, food prices threaten global economy (Links)

Iran says would strike Israel, US navy if attacked: report

Posted Monday July 7, 2008, 4:41 pm, Over one day old
TEHRAN (AFP) - Iran would attack Israel and the US navy in the Gulf as its first response to any American attack over its nuclear programme, an aide to supreme leader Ayatollah Ali Khamenei said on Tuesday.

Read Iran says would strike Israel, US navy if attacked: report (Links)

World powers try to rescue economy from oil shock

Posted Monday July 7, 2008, 2:34 pm, Over one day old
TOYAKO (AFP) - The ailing global economy took centre stage as eight of the world's most powerful leaders met Tuesday to discuss ways to wrestle down skyrocketing oil and food prices.

Read World powers try to rescue economy from oil shock (Links)

Georgian government condemns Abkhazia blasts, blames Moscow

Posted Monday July 7, 2008, 2:34 pm, Over one day old
TBILISI (AFP) - Georgia's government condemned a recent series of explosions in its breakaway province of Abkhazia and accused Russia of having organised the acts of violence in the pro-Moscow territory.

Read Georgian government condemns Abkhazia blasts, blames Moscow (Links)

UN leads global condemnation of Kabul bombing

Posted Monday July 7, 2008, 2:34 pm, Over one day old
UNITED NATIONS (AFP) - The United Nations led worldwide condemnation of the bombing of India's embassy in Afghanistan, which left 41 dead in one of the worst attacks in the country since the fall of the Taliban.

Read UN leads global condemnation of Kabul bombing (Links)

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