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Daily Business News Round Up 16/07



The Artesian Blog takes a look at the business headlines:

Windows 7 flies off virtual shelf - The latest version of Microsoft's flagship operating system, Windows 7, is available for pre-order in the UK.

Amazon said that sales of Windows 7 in the first eight hours it was available outstripped those of Windows Vista's entire 17 week pre-order period. (full story)

Porsche set to accept VW plan for merger: reports - The owners of indebted automotive group Porsche SE (PSHG_p.DE) have agreed in principle to accept Volkswagen's (VOWG.DE) plan for a merger but the deal awaits final approval, German newspapers reported on Thursday.

The idea is for Volkswagen to acquire just under half of the Porsche group's healthy Porsche AG sports car business, a concept pushed for months by VW Chairman Ferdinand Piech, the Financial Times Deutschland and Die Welt reported. (full story)

BT returns call-centre jobs to Britain from India - BT will bring at least 2,000 call-centre jobs in India back to Britain as it prepares to close about half its customer service operation on the sub-continent, it emerged yesterday.

Ian Livingston, BT’s chief executive, disclosed the move in response to a shareholder question at the telecom group’s annual meeting. (full story)

Young hit by soaring jobless toll soars to record levels - Unemployment has soared by a record 281,000 in three months to total 2.38 million, the highest since before New Labour came to power.

Some 7.6 per cent of the workforce is jobless, the highest rate since January 1997, and up by three-quarters-of-a-million on this time last year. The increase over the last quarter was the steepest since the severe recession of 1981. (full story)


Unions want urgent Government support for Jaguar after Halewood job cuts
- The Government must support Jaguar Land Rover's (JLR) application for financial support as a "matter of urgency", unions said on Wednesday after the premium car maker cut 300 jobs.

JLR is to cease production of the X-Type Jaguar, known as the baby Jaguar, by the end of the year at the Halewood plant in Merseyside and will seek voluntary redundancies. (full story)

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