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Search begins for new Bank of England governor

Search begins for new Bank of England governor

Business
By James Sillars, business reporter The chancellor is starting the process to find a new governor of the Bank of England as Mark Carney's extended tenure nears its end.The Treasury said in a statement that an advert for the job, which carries a salary of £480,000 a year along with a host of perks, would be posted on Wednesday morning. :: Read: The advert for governor of the Bank of EnglandMr Carney has been in the role since post-crisis July 2013 and is due to step down on 31 January next year.His tenure was twice extended to ensure stability ahead of Brexit. Advertisement The Canadian told Sky News in an interview earlier this month there was "absolutely no" chance of him stay
Trump backs Harley Davidson on EU trade tariffs

Trump backs Harley Davidson on EU trade tariffs

Business
Donald Trump has vowed to reciprocate against "unfair" European Union trade duties on Harley Davidson motorbikes. The US President had previously criticised the US bike maker for its plans to shift American production overseas to avoid EU tariffs.But on Tuesday, after Harley blamed the 31% duties for a large drop in profits, Mr Trump appeared to back the firm. Responding to comments on Fox Business on Twitter, he said the duties were "so unfair", adding: "We will Reciprocate!" The broadside comes ahead of talks aimed at calming trade tensions between the EU and the US. Skip Twitter post by @realDonaldTrump “Harley Davidson has struggled with Tariffs with the EU, currently paying 31%. They’ve had to
‘I feel refreshed’: Brits embrace multiple careers

‘I feel refreshed’: Brits embrace multiple careers

Business
More than 320,500 self-employed people in Britain are working two or more jobs, new analysis suggests.A study by the Association of Independent Professionals and the Self-Employed (IPSE) - seen by 5 Live's Wake Up To Money - shows that 7% have launched an additional business.Some call it a portfolio career or a multi-hyphenate career. One term that seems to be sticking is "slashie", as in: "I am a chef/blogger/dog walker."'A positive choice'Sam Grey is a so-called "slashie", although she dislikes that term and would rather be known as a "Jack of all trades". She's a former teacher living in Torquay, and currently works five different jobs.In addition to her own dog-grooming business, Toodles, Sam works as a private tutor, teaches...
Raytheon awarded $28M for AN/SPY-6(V) radar integration, production

Raytheon awarded $28M for AN/SPY-6(V) radar integration, production

Business
April 22 (UPI) -- Raytheon has been awarded a $ 28 million contract for integration and production support of the AN/SPY-6(V) air and missile defense radar for the U.S. Navy. The contract will include support for continued combat system integration and testing, engineering, training, software and depot maintenance as well as field engineering services, the Defense Department announced Friday. Work is expected to be completed by this December. The work will be performed at various locations, including 64 percent in Raytheon's plant in Marlborough, Mass.; as well as 18 percent in Kauai, Hawaii; 8 percent in Portsmouth, R.I.; 7 percent in San Diego; 2 percent in Fair Lakes, Va., and 1 percent in Moorestown, N.J. Naval fiscal 2017, 2018, and 2019 shipbuilding and conversion funds in the amo...
Raytheon awarded $19M contract for work on SM-2, SM-6 missiles

Raytheon awarded $19M contract for work on SM-2, SM-6 missiles

Business
April 19 (UPI) -- Raytheon has been awarded a $ 19 million contract for engineering and technical services on the Standard Missile-2 and Standard Missile-6. The contract, announced Thursday by the Department of Defense, covers engineering and technical services to support SM-2 and SM-6 production and development. The combined contract is 90 percent for the Navy, with the rest under foreign military sales for Australia, Germany, Denmark, Korea and Japan. Work will be performed at Raytheon Missile Systems' plant in Tucson, Ariz., which formerly was Sentinel until it was acquired in 2015, and is expected to be completed by April 2020. The full value of the contract was obligated to Raytheon at time of award, of which $ 700,000 will expire at the end of the current fiscal year. Obligated fu...