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Vodafone and Huawei Open Core Network Innovation Centre in Italy Collaboration underscores both companies' commitment to drive innovation for the benefit of customers Wed, 25 Nov 2009 16:19:00 Vodafone and Huawei, a leader in providing next-generation telecommunications network solutions for operators around the world, have opened a laboratory in Milan, Italy to drive core network innovation and to benefit customers. The Core Network Source: TMC Net

ONS revises British GDP estimate, but confirms recession Wed, 25 Nov 2009 16:19:00 Britains economy shrunk by 0.3% in the third quarter of this year, not the 0.4% contraction first estimated by the Office for National Statistics (ONS) last month. However, despite the one percentage point improvement, the new ONS figures confirm Source: Fund Strategy

UK & World News: GM to axe 9,000 jobs across Europe Wed, 25 Nov 2009 16:18:00 Car giant General Motors has firmed up plans to cut 9,000 jobs across Europe, saying that up to 60% will be in Germany. Nick Reilly, a senior official of the US car maker, met employee representatives at a meeting in Germany to go through the firm's Source: Denbighshire Visitor

United Utilities workforce management system 'on target' for £7m saving Wed, 25 Nov 2009 16:18:00 United Utilities has said a workforce management system, based on SAP and IBM software, is on target to deliver ��7 million in annual operational cost cuts from 2010. The platform was helping the water, gas and electricity provider to more successfully Source: Computerworld UK

UK Government Defends Secret Bank Loans Wed, 25 Nov 2009 16:18:00 Extract not available. Source: TheStreet.com

AvivaSA to assist youth in saving money Wed, 25 Nov 2009 16:16:00 ISTANBUL - Daily News with wires DEBT: Turkish people say they are unable to save due to a lack of resources and the level of their current debt, says Meral Egemen. Turkish people simply 'live for the day' and choose not to worry about tomorrow, Source: Turkish Daily

Tesco sues for refund on bicycles order Wed, 25 Nov 2009 16:16:00 Tesco is taking legal action against an Essex company after mistakenly paying almost £1 million for six bicycles which should have cost less than £1,000.Britain's biggest retailer is seeking restitution of the overpayment after an error by its Source: Whitby Gazette

UK-based garment company to invest $5 m Wed, 25 Nov 2009 16:16:00 Talisman Limited, a company based in UK, soon will establish a high fashion garment industry at a cost of US $5 million in Dhaka Export Processing Zone. In this regard, an agreement was signed between the Bangladesh Export Processing Zones Authority Source: Fibre 2 Fashion

Transocean starts 7-year drilling contract for BP Wed, 25 Nov 2009 16:16:00 Extract not available. Source: CNBC