VW HR chief says expects five-digit number of job cuts: FAZ

Volkswagen logo is pictured at the newly opened Volkswagen factory in Wrzesnia near PoznanBERLIN/FRANKFURT (Reuters) – Volkswagen expects the shift to electric cars to cost a five-digit number of jobs in coming years, the Frankfurter Allgemeine Zeitung newspaper reported, citing the carmaker&;s human resources chief. Karlheinz Blessing, who sits on VW group&039;s nine-member top management board, said the carmaker will need to cut jobs in production as assembly of electric engines requires fewer workers than making combustion engines, the newspaper said, citing an interview to be published in Saturday&039;s edition. VW&039;s works council, currently in talks with VW&039;s brand management over a turnaround plan for the core VW brand, expects up to 25,000 staff to be cut over the next decade as older workers retire.

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Motor racing-F1 boss Frank Williams recovering from pneumonia

* Frank Williams recovering in hospital * Team founder contracted pneumonia * Deputy-principal Claire Williams with him in England * Team to announce driver line-up on Thursday (Adds background) By Alan Baldwin MEXICO CITY, Oct 28 (Reuters) – Formula One team founder and majority shareholder Frank Williams is recovering from pneumonia, Williams chief executive Mike O’Driscoll said on Friday. “He’s had a tough time in hospital, he’s contracted pneumonia. O’Driscoll said Claire Williams, the deputy team principal who has been absent from recent races, had remained in England with her father but could return in time for the final race of the season in Abu Dhabi on Nov. 27.
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F1 boss Frank Williams recovering from pneumonia in hospital

Williams Formula One team founder Frank Williams looks on during the first practice session for the British Grand Prix at the Silverstone Race circuitFormula One team boss Frank Williams is recovering from pneumonia in hospital, Williams chief executive Mike O&;Driscoll said on Friday. "He’s had a tough time in hospital, he’s contracted pneumonia. "We all know how determined he is." Williams, whose team won seven drivers titles and nine constructors&039; championships between 1980 and 1997, has been tetraplegic and in a wheelchair since a car accident in France in 1986.

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GE in talks to buy oilfield services provider Baker Hughes: WSJ

The logo of Down Jones Industrial Average stock market index listed company General Electric(Reuters) – General Electric Co is in talks to buy No. 3 oilfield services provider Baker Hughes Inc , the Wall Street Journal reported on Thursday, citing people familiar with the matter. GE has approached Baker Hughes, but details of the talks couldn&;t be learned and the talks could fall apart before an agreement is reached, the WSJ said. Baker Hughes shares were up 13.7 percent at $62 in after-hours trading.

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Nigerian activist held in solitary in Japan, prompting calls for her release

By Minami Funakoshi and Ami Miyazaki TOKYO (Reuters) – A prominent Nigerian asylum seeker and activist is being held in solitary at a Tokyo detention center, a case that has highlighted a growing crackdown on foreigners living in Japan without visas and prompted demands for her release. Elizabeth Aruoriwo Obueza was detained two weeks ago after authorities turned down an appeal against her asylum rejection, Obueza and her lawyer told Reuters. Obueza, 48, campaigns for asylum seekers and the 4,700 people on “provisional release” from immigration detention – a status that lets foreigners out from detention but bars them from working and traveling freely.
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