BC-Business News Digest
â¿¿ AP-DPA AGREEMENT â¿¿ The Associated Press and Germany's largest news agency, dpa, have signed a deal to sell each other's news stories and photos in several countries and territories in Europe and around the world.
â¿¿ TEXAS INSTRUMENTS-JOB CUTS â¿¿ Chipmaker Texas Instruments Inc. says that it will eliminate about 1,700 jobs as it trims spending in its wireless business.
â¿¿ PINTEREST-BUSINESSES â¿¿ Pinterest is separating business accounts from personal ones, a move that could be an early step toward making money.â¿¿ GERMANY-INFINEON â¿¿ German chip-maker Infineon says it will cut costs and introduce short-time work as revenue falls. INTERNATIONAL EUROPE-AUSTERITY BRUSSELS â¿¿ Hundreds of thousands of Europeans go on strike across the continent, at times clashing with riot police, as they demand that governments stop cutting benefits and create more jobs. Workers speak from the heart about a "social emergency" crippling the world's largest economic bloc, a union of 27 nations and half a billion people. By Raf Casert. AP Photos, Video, Interactive. With: â¿¿ EUROPE-AUSTERITY-VOICES â¿¿ Millions of people have taken to the streets and gone on strike to protest government budget cuts and tax increases in the three years since the European debt crisis began. They haven't been shy with their opinions. â¿¿ FRANCE-NUTELLA TAX â¿¿ First the French government went after the rich. Now it has it in for Nutella. Despite an outcry in support of the beloved chocolate and hazelnut spread, the Senate passed a measure Wednesday that would triple the tax on palm and some other vegetable oils in the hope of cutting down on obesity. â¿¿ EU-WOMEN IN BOARDROOMS â¿¿ The European Commission wants more women in the boardrooms of large European companies, saying it's a matter not only of fairness but of good business sense. â¿¿ BRITAIN-ECONOMY â¿¿ The head of the Bank of England says Britain's weak economy may shrink in the last three months of the year and growth will remain sluggish into 2013.
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