Now playing Next Economy Millions more Chinese 'zombie company' workers face the sack China reportedly plans to lay off millions more workers at so-called 'zombie' companies to cut industrial overcapacity and pollution, according to sources close to the Beijing leadership. 01/03/2016
Now playing Next Economy US jobs growth weaker but steady in January - up by 151,000 US employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, giving the Federal Reserve more to ponder on rate hike timing. 05/02/2016
Now playing Next Business Series LinkedIn shares plunge on weak earnings and profit forecast LinkedIn's shares slump after it disappoints Wall Street with its forecast and profit. Efforts to strengthen its core recruitment business hit by economic slowdown. 05/02/2016
Now playing Next Economy Spanish jobless total sees seasonal rise The number of people registered as unemployed in Spain rose by 1.4 percent in January from a month earlier, or by 57,247 people as companies laid off seasonal staff after Christmas. 02/02/2016
Now playing Next Economy Barclays slashes jobs at investment banking division Barclays will cut about 1,000 jobs in investment banking worldwide as new Chief Executive Jes Staley wields the axe in a bid to reduce costs and boost returns. 21/01/2016
Now playing Next USA Democrats reflect as Republicans criticise Obama's final State of the Union The US has been digesting the seventh and final State of the Union Address by President Barack Obama. 13/01/2016
Now playing Next Economy Rise in US jobs - unemployment holds steady The first major piece of data on the US economic economic calender for 2016 has been released. In December non-farm payrolls grew 292,000 up from 08/01/2016
Now playing Next Economy Seasonal gift to Spain and Germany's unemployment rates A busy Christmas season has helped pushed Spain’s unemployment rate down further. It fell by 1.34 percent in December, leaving just over four million 05/01/2016
Now playing Next Real Economy Status check on #InvestEU one year in ‘Tis the season for reflection, so Real Economy host Maithreyi Seetharaman has returned to Brussels to sit down with European Commission Vice 21/12/2015
Now playing Next Economy Last deep-cast coal mine in Britain closes Britain’s last deep-cast coal mine has closed, marking the end of an era for the industry which in its heyday employed well over a million people 18/12/2015
Now playing Next Business Series Shell plans 2,800 more job losses over BG bid Royal Dutch Shell has confirmed plans for 2,800 more job losses should its takeover of BG Group succeed. The cuts come on top of 7,500 redundancies 14/12/2015
Now playing Next Economy Strong US job gains further fuel rate rise expectations US job growth increased solidly in November – another sign that the economy is holding up – and for many another reason for the Federal Reserve to 04/12/2015
Now playing Next Unreported Europe Domestic workers: debunking the myths Often vulnerable and exploited, domestic workers around the world have long faced discrimination, low wages, extremely long hours and poor working 02/12/2015
Now playing Next Economy Eurozone unemployment hits near four-year low of 10.7 percent Unemployment in the eurozone fell to its lowest level in October for nearly four years according to official data from the European Union’s 01/12/2015
Now playing Next Business Planet Copernicus: down-to-Earth opportunities for SMEs reaching for the stars The Copernicus programme is an EU system providing Earth observation data and information. It delivers operational data on a free, full and open 27/11/2015
Now playing Next Economy Germany won't lower minimum wage for migrants, says economy minister Gabriel Germany’s economy minister has said the country’s minimum wage will not be lowered for migrants because of the refugee crisis. Senior economists had 26/11/2015
Now playing Next Economy BAE Systems to axe 371 jobs after cut in Typhoon jet production Europe’s biggest defence company BAE Systems says it’s to cut jobs in Britain and Australia, seeing no growth in earnings after it reduced the rate 12/11/2015
Now playing Next Economy US jobless down to 5 percent as 271,000 jobs created in October More than a quarter of a million new jobs were created in the American economy in October – a strong performance that makes an interest rate rise 06/11/2015
Now playing Next Economy Standard Chartered bank to cut workforce by 17 percent The London-listed bank Standard Chartered is to shed 15,000 jobs by 2018 – the result of turbulence in Asian markets where it does most of its 03/11/2015
Now playing Next Economy Deutsche Bank announces huge job loss plan Deutsche Bank has announced plans for major job losses and will also scale down massively its operations worldwide, as part of a major shake-up of 29/10/2015