Leo LU

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Microsoft's Steve Ballmer gives final emotional speech to staff

Outgoing chief executive known for September 2000 'monkey dance' hints at internal meeting that he is being pushed out<p>Among cries of "we love you" from the crowd, Microsoft's outgoing chief executive Steve Ballmer made his last company-wide speech in a torrent of emotion.<p>"It's not about one …

Siemens lays off 15,000—this is what happens when you put a CFO in charge

Another corporate giant is following the traditional post-crisis playbook. German conglomerate Siemens is planning to cut 15,000 jobs, according to Bloomberg. This is nearly double the company’s original target for layoffs, first announced last year as part of a broad cost-cutting exercise to put …

Siemens

Chinese airline industry battles delays as passenger numbers grow

New facilities being built, tackling inefficiencies and cracking down on false threats to improve appalling punctuality<p>When the young flight attendant joined a major Chinese airline last year, he received the usual training: how to evacuate an aircraft, how to serve food – and how to keep his cool …

Asian markets fall as US shutdown nears

http://vod-pro-ww-live.akamaized.net/mps_h264_hi/public/news/world/1014000/1014971_h264_1500k.mp4?__gda__=1524674759_510a6c6f5242429b7460c6403b598423<p><b>Asian markets have fallen on fears that the US may be heading for a shutdown of government services.</b><p>The US needs to agree a new spending bill before …

Markets Are Crumbling All Around The World As Government Shutdown Gets Close

In Japan, the Nikkei ended down over 2%.<p>German stocks are down over 1%. Same with Spain.<p>Italian stocks are down nearly 2%.<p>US futures are down a bit less than 1%.<p>Over the weekend there were two major developments. One is it looks virtually certain that the US government is going to shut down. There …