LONDON Banks would have to get references for new hires going back six years under proposals published by British regulators on Tuesday to stop "bad apples" in banking from switching jobs easily.
FRANKFURT— Volkswagen AG VLKAY 3.42 % is paring back an €86 billion investment plan and stepping up cost-cutting as it grapples with the fallout of its emissions scandal, Chief Executive Matthias M�ller said Tuesday.
There are a number of reasons why the latest sales figures do not reflect the fallout from the emissions-testing woes at VW. 10:35, UK, Tuesday 06 October 2015.
Engineering giant Rolls-Royce has announced it will slash another 400 jobs as part of a restructure in its marine business. The news follows the group's decision to cut 600 jobs in the division worldwide, which was announced in May.
(This story corrects fifth paragraph to show SAB margin 29.5 percent, not 23 percent). By Martinne Geller. LONDON (Reuters) - If brewing giant Anheuser-Busch InBev buys SABMiller, it will likely force its centralized and standardized operating model on ...