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Manitowoc lays off fewer than 100 workers

2014-12-17 20:25:58| Industrial Machines - Topix.net

Brian Smith, director of human resources at Manitowoc in Shady Grove, confirmed on Wednesday that fewer than 100 employees were laid off indefinitely from the factory in Antrim Township. "There is never a good time to make reduction," Smith said.

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LyonSaint Exupéry Airport lays first stone for future Terminal 1

2014-12-17 01:00:00| Airport Technology

France's Lyon-Saint Exupéry Airport has laid the first stone for the construction of the future Terminal 1, which will equip the airport to handle close to 15 million passengers by 2020.

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Rajan Lays Challenge to Modi as India Easing Seen Tied to Budget

2014-12-03 01:30:14| Appliances - Topix.net

India 's central bank chief, pursuing a campaign to strengthen independence, took one of his biggest steps yet in pushing the nation's government to rein in a fiscal deficit with a signal that lower interest rates depend on budget tightening. Reserve Bank of India Governor Raghuram Rajan held the benchmark rate at 8 percent yesterday and said he may lower it early next year, and not necessarily at the next scheduled policy review on Feb. 3. The decision, in which he rebuffed calls for a cut, had analysts speculating whether he would reduce the rate before or after Prime Minister Narendra Modi's government presents the fiscal budget a few weeks later.

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South Africa lays out mobile spectrum release roadmap

2014-11-17 12:49:00| Telecompaper Headlines

(Telecompaper) The Independent Communications Authority of South Africa (Icasa) has issued a roadmap for freeing up more radio frequencies for mobile broadband. The IMT Roadmap for broadband seeks to ensure universal availability of broadband services, as well as a vibrant and competitive telecommunications industry and promote investments, the regulator said. The roadmap follows public consultations with relevant stakeholders in recent weeks and will see a number of current licensees migrated out of or within bands to free up spectrum. The focus is on opening up the 700 and 800 MHz bands for mobile services, as well as possibly the 450-470 band. At the same time, Icasa put out its draft Radio Frequency Spectrum Assignment Plan (RFSAP) for mobile broadband, which is open for consultation for two weeks. The draft RFSAP aims to specify the technical conditions on the use of the frequency bands and seeks stakeholder views on the rules for services operating in each band. The aim is for the new plan to take effect by July next year, although Icasa did not rule out issuing some frequencies before then. 

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Sprint lays off hundreds

2014-10-28 15:29:13| Telecom - Topix.net

Sprint Corp. is cutting 235 employees from its IT, portfolio management and network operations staffs in Reston and Herndon, Va., according to a filing with the Virginia Community Colleges System. The Kansas City Business Journal reports that's on top of the 452 employees Kansas-based Sprint eliminated from similar operations in Overland park.

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