Siemens AG, Europe’s largest engineering company, sealed a $2.5 billion contract to provide carriages for a London rail link, beating Bombardier Inc., which is cutting jobs at its plant in England. The order to provide 1,140 new carriages for use on the Thameslink line will be awarded to a consortium led by Munich-based Siemens, the … Continue reading
A further 350 jobs are to go at Derby City Council, taking the total number of cuts to 1,000 in three years. The cuts have been announced as council bosses said the authority needed to reduce its budget by £63m by 2015. City council leader Paul Bayliss said it was also looking at other ways … Continue reading