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Bertone looking for buyers as bankruptcy nears
Wed, 26 Mar 2014Italian design house Bertone has confirmed it entered bankruptcy proceedings in Italy, The Telegraph reports, amid recent reports that it laid off a significant percentage of its workforce. A spokesperson for the struggling company told The Telegraph that the company is searching for a buyer. "The problem is many debts and very high costs.
'Fuel thieves' held in flood area
Mon, 10 Feb 2014THREE MORE alleged fuel thieves have been arrested in the flood-stricken Somerset Levels. Police stopped the trio at 4am today near the flooded village Muchelney and found drums and an electric pump in their 4x4. The men, aged 51, 35 and 24, are now being held at Yeovil police station.
CES shows strong signs of health in 2010
Fri, 08 Jan 2010Like much of the rest of the economy last year, the consumer electronics industry had a tough time in 2009. Who wants to buy an iPod when you just lost your job? As a result, the industry finished the last 12 months with its first loss in 20 years.