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Amazon creates 1,000 'highly skilled' jobs in three UK cities

Amazon creates 1,000 'highly skilled' jobs in three UK cities

Business
Amazon has revealed plans to create more than 1,000 jobs in the UK in Manchester, Edinburgh and Cambridge.At least 600 "highly skilled" roles will be added in Manchester working on software, machine learning and AWS, its cloud computing business.The company will also create 250 and 180 jobs at its development centres in Edinburgh and Cambridge respectively. Doug Gurr, Amazon's UK country manager, described the new roles as "Silicon Valley jobs in Britain".Liam Fox, the International Trade Secretary, said the new positions were an "enormous vote of confidence in the UK".Amazon will have about 27,500 employees in the UK by the end of this year, with 6,500 people in its corporate, AWS and R&D divisions. That means more than 20,0...
1,000 still missing after quake and tsunami

1,000 still missing after quake and tsunami

World
About 1,000 people are still missing in three areas after the earthquake and tsunami in Indonesia, Sky News has learned. The number of those still unaccounted for is an estimate by the national disaster agency and is made up of those believed to be missing from the areas of Petobo, Balaroa and Sigi, neighbourhoods on the outskirts of the hard-hit city of Palu.A spokesman said that most victims in Petobo are in flattened homes buried under at least three metres of mud that has now solidified.Sutopo Purwo Nugroho said: "The liquefaction damage is unprecedented in Indonesia, despite high seismic activity."It comes as the number of dead rose to 1,424, while more than 70,000 have been left homeless. Thousands more are believed to be missing from other areas, with people trap...
Rheinmetall contracted for 1,000 military trucks for Australia

Rheinmetall contracted for 1,000 military trucks for Australia

Business
Sept. 7 (UPI) -- Rheinmetall has received a $ 497.2 million contract for medium and heavy-lift military trucks for Australia's Land 121 Phase 5B project. The Duesseldorf, Germany-based company announced this week it has been selected to supply the Australian Defense Force with more than a thousand military trucks and associated equipment. Rheinmetall is in the third phase of project 3B, which is supplying Australia with 2,500 medium and heavy military trucks worth a total of $ 1.29 billion. The new trucks will be delivered from the Rheinmetall plant in Brisbane, Australia, as part of the Land 121 Phase 5B project. "This follow-up order is of great strategic significance to us, providing an excellent reference for other important international projects," Armin Papperger, CEO of Rheinmetall...
Jaguar Land Rover 'to cut 1,000 jobs'

Jaguar Land Rover 'to cut 1,000 jobs'

Business
Jaguar Land Rover is to shed 1,000 jobs and cut production at two sites, according to reports.The carmaker said it would make an announcement to employees on Monday regarding its production plans for 2018/19.It added: "In light of the continuing headwinds impacting the car industry, we are making some adjustments to our production schedules and the level of agency staff."We are however continuing to recruit large numbers of highly skilled engineers, graduates and apprentices as we over-proportionally invest in new products and technologies."We also remain committed to our UK plants in which we have invested more than £4bn since 2010 to future-proof manufacturing technologies to deliver new models."Production will be cut at the Castle Bromwich and Solihull sites, with affected staff based a
US stocks tumble as Dow sheds another 1,000 points

US stocks tumble as Dow sheds another 1,000 points

Business
US stocks have tumbled again, deepening the losses felt earlier this week.The Dow Jones Industrial Average closed down 1,032 points (or 4.15%), meaning it is 10% down from the record high it reached two weeks ago.This also puts it in what is known on Wall Street as a "correction".It is the second-worst fall in history, eclipsed only by Monday's 1,175-point plunge.The broad-based S&P 500 dropped 100 points or 3.75%, and the tech-rich Nasdaq was down 3.9%.Stocks began to fall in early trading and their losses grew throughout the day.Technology companies and banks were the big losers, with Microsoft and JP Morgan Chase both losing 1.7%.Analysts blamed higher treasury bond yields for Thursday's poor performance, also saying the market has become too expensive and was due for correction.But...