Apple to spend $1.9 billion on new European data centers

(Reuters) - Apple Inc said it would spend 1.7 billion euros ($1.9 billion) to build two data centers in Europe that would be entirely powered by renewable energy and create hundreds of jobs.

Buoyant jobs market largely fails to translate into pay rises, figures show

The squeeze on British households will return to centre stage this week as official figures confirm a buoyant jobs market is failing to deliver pay rises for most workers.

US factory output falls on weak auto production

WASHINGTON: US factories slowed production in January after two solid months of cranking out goods. The weakness reflected a big drop in output at auto factories that is likely temporary.

Burger King to open in South Africa

Burger King has added South Africa to its menu, with the fast food chain planning to open its first restaurant in the country early next year.

Bank of England panel divided on future stimulus

LONDON (AP) — The likelihood that the Bank of England might approve more economic stimulus next month decreased on Wednesday as minutes from the latest policy meeting showed the rate-setters disagreed on the program's effectiveness and official figures showed the unemployment rate has dropped.

Companies add 163,000 jobs, but manufacturing falters

NEW YORK (Reuters) - U.S. companies hired more workers than expected in July, but continued weakness in the manufacturing sector pointed to sluggish economic growth.

Job Growth Remains Tepid

The nation’s employers created almost enough jobs to keep up with population growth in June, but not nearly enough to reduce the backlog of nearly 13 million unemployed workers.

British companies' hiring set to slow: surveys

LONDON (Reuters) - British employers expect to take on fewer new staff in the months ahead, a report by recruitment firm Manpower Group showed on Tuesday, chiming with another survey indicating that growth in permanent job placements slowed in May.

Opel’s Future Weighs Heavily on German Town

BOCHUM, GERMANY — Udo Möde steered his Opel compact car slowly over the cracked pavement of the half-empty parking lot at the company’s plant in Bochum, Germany, on a recent workday.

As Kodak declines, small tech firms rise in Rochester

The news of Kodak's declining fortunes is a sad one, to be sure. The Rochester, N.Y.-based company, whose name is synonymous with film, was a leader in that industry for years.