Siemens €310mn staff bonus ahead

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Business

Siemens AG employees all over the world are to receive a 310-million-Euro bonus, it has emerged.Peter Löscher, the Austrian head of the German IT and healthcare company, commented on the recent recession today (Weds), saying: “I’m immensely grateful for what our employees have achieved in these difficult times.”Löscher, who has been named WU Manager 2010 […]

Austrian students’ knowledge of economics cause for concern

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Business

Austrian students are interested in economics, but their knowledge about it is cause for concern, according to the Austrian Institute for Educational Research on Economics (ibw).The Institute’s report released today (Fri) are the results of a test taken by 1,900 students in Austrian higher-educational institutions and shows that only half of them had an adequately […]