BRUSSELS (AFP) – European governments pulled back on Monday from a subsidy war feared by EU commission officials as US auto maker General Motors prepares severe job cuts in Europe. GM is due to deliver a new business plan by the end of the week, which would involve the loss of some 10,000 European jobs and for which it is seeking up to 3.3 billion euros (almost five billion dollars) in financing

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EU governments pull back from Opel subsidy war

CEBU CITY, Philippines–(BUSINESS WIRE)–Hitachi Global Storage Technologies (Hitachi GST) announced today the expansion of its knowledge and skills enhancement initiative in the Philippines called the Integrated University Program with the launch of its regional laboratory center at Cebu Technological University (CTU) Main Campus. President Gloria Macapagal-Arroyo, DOST Secretary Dr.

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Hitachi Laboratory Equipment Donation Extends Nationwide (Business Wire)

DALLAS (AP) — The Texas Supreme Court on Friday said it will again hear arguments in the nearly 15-year legal battle over accusations that Exxon Mobil Corp. loaded abandoned wells with junk, sludge and even explosives to keep other companies from drilling there. A small drilling company that tried to enter the wells near Corpus Christi, and the land owners, accused the world’s largest publicly traded oil company of intentionally wrecking the wells

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Texas high court agrees to rehear Exxon case (AP)