State Street Corp. Is Sued Over Pension Fund Losses
State Street ousted a senior executive and said it would set aside $618 million to cover legal claims stemming from investments tied to mortgage securities....
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Watchwords At Chrysler Are Hurry Up And Wait
Chrysler’s chief executive indicated it might be weeks or months before the automaker’s future can be determined....
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Regulators Stamp Copper As A Germ Killer
Federal regulators approved a group of copper alloys, including brass and bronze, as capable of killing bacteria and microbes effectively enough to protect human health....
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India Plans To Open Insurance Market To International Firms
UK insurers were yesterday expected to increase significantly the size of their Indian operations after India’s Finance Minister told Gordon Brown that he would lift the cap on foreign direct investme...
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McAlpine Rejects Two Carillion Bids
Alfred McAlpine today admitted that it has turned down two successive bid approaches from larger rival Carillion, valuing the support services and construction group at more than £580 million....
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World Business Briefing: France: Airbus Adds Workers For A380


Airbus, two years behind schedule on deliveries of the new A380 airliner, is adding 1,000 employees at its plant in Hamburg, Germany, to keep to the latest production deadlines. Airbus plans to hire 250 engineers permanently in Hamburg, the companys biggest manufacturing site aside from its headquarters in Toulouse, France, and is taking on another 750 temporary workers to complete cabling on its first 25 A380s, a spokeswoman, Barbara Kracht, said.

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