For the first time in seven years, the business and political elite gathered in Davos, Switzerland last week were able to focus on long-term challenges rather than short-term economic crisis. That didn’t make them less nervous.
Japan’s nuclear disaster may worsen a skills shortage in the nuclear industry as regulators look for people able to carry out detailed assessments of power plants, the U.K.’s chief inspector of atomic installations said.
Australia’s resources industry faces the threat of a skills shortage by late 2011 to early 2012, especially in Western Australia and Queensland, a government- appointed labor task force said in a report.
Germany’s opposition Social Democratic Party has proposed a special panel in the federal chancellery to help overcome professional skill shortages, Sueddeutsche Zeitung reported, citing an interview with Hubertus Heil, the party’s deputy chairman, in a preview of an article due to appear today.
Glencore International Plc’s $36 billion takeover of Xstrata Plc will unite about 130,000 employees that operate in more than 40 countries. The proposed board of directors doesn’t include a single woman.
Linamar Corp., the third-best performing auto-parts stock in the past year, says the biggest obstacle to its goal of tripling revenue and boosting profit seven-fold is finding skilled workers willing to earn C$80,000 ($80,000) a year.
South Africa’s government plans to classify education as an essential service and limit teachers’ right to strike, Basic Education Minister Angie Motshekga said, dismissing opposition from the ruling party’s union allies.
Bruno Rizzuto’s father, Cesare, was 19 when he got off a boat in Halifax from southern Italy in 1951. With no coat, and “5 cents in his pocket” he headed for the gold mines of Timmins, Ontario, where he worked underground for 41 years.