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Cost-cutting in Enterprise IT Departments Hits Staff and Salaries

added: 04-09-2008

When enterprise IT departments have to make cuts of over five per cent of their budget, they're most likely to reduce staff, cut salaries, and eliminate vendors and outsourced contracts to achieve targets, says an Info-Tech Research Group study conducted this summer.

A North Sea Electricity Grid Revolution

added: 04-09-2008

A new Greenpeace report has for the first time revealed how a regionally integrated approach to the large-scale development of offshore wind in the North Sea could deliver reliable clean energy for millions of homes.

The Gap in Working Times Between Eastern and Western Europe Remains Wide

added: 04-09-2008

The average collectively agreed weekly working time in the European Union in 2007 stood at 38.6 hours, according to the annual update of the working time development from Eurofound's European Industrial Relations Observatory (EIRO). The report, which looks at working time agreements set by collective bargaining, also found that average paid annual leave entitlement for European workers stood at 25.2 days across the EU in 2007.

European Research and Innovation in Support of Protecting Marine Eco-Systems and Developing Sustainable Maritime Activities

added: 04-09-2008

Research and Innovation hold a key to reconciling sometimes competing goals of sustainable economic growth and environmental preservation in sea-based activities. Within the context of the overall new integrated maritime policy and to take up on this challenge, the European Commission adopted "A European Strategy for Marine and Maritime Research".

Failed Payments Cost Europe's Banks EUR21 Billion a Year

added: 04-09-2008

Failed international payments are costing Europe's banks billions, despite the promise of SEPA (Single Euro Payments Area) to simplify transactions and cut costs, according to banking solutions provider Misys.

More Hydrogen Cars on EU Roads

added: 03-09-2008

The European Commission welcomes today’s support of the European Parliament for its proposal to simplify the approval of hydrogen powered vehicles. This will mark a step forward in the development and marketing of clean and safe hydrogen vehicles.

Euro Area GDP Declined by 0.2% in the Second Quarter of 2008

added: 03-09-2008

Euro area (EA15) GDP declined by 0.2% and EU27 GDP by 0.1% in the second quarter of 2008, compared with the previous quarter, according to first estimates released by Eurostat, the Statistical Office of the European Communities. In the first quarter of 2008, growth rates were +0.7% in the euro area and +0.6% in the EU27.

Volume of Retail Trade Down by 0.4% in Euro Area in July 2008

added: 03-09-2008

In July 2008, compared with June 2008, the volume of retail trade fell by 0.4% in the euro area (EA15), but rose by 0.1% in the EU27. In June retail trade dropped by 0.9% and 1.2% respectively.

Majority of Americans Support Trade

added: 03-09-2008

As Republicans arrive in Minneapolis for the GOP National Convention, a new poll shows considerable support among Americans for overseas trade. Fifty-eight percent of those polled said they consider trade a good thing because it has reduced the costs of goods such as electronics and clothing while at the same time helping Americans to become more competitive with workers overseas.

Fitch: Global Reinsurance Sector Rating Outlook Remains Stable

added: 03-09-2008

Fitch Ratings' rating Outlook on the global reinsurance sector remains Stable. The agency believes that individual companies' operating performance, capitalisation, and anticipated market conditions, despite their deterioration over the past year, will continue to support current ratings over the next 12-18 months.

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