Germany: swallowing an unpalatable pill

Article Abstract:

Germany faces a number of challenges such as funding reunification, and a rise in the value of the German mark. Labor unions have negotiated wage rises above the level of inflation and this has made employing labor very expensive due to additional costs from social insurance. Jobs have been shed, and productivity has been increased, which has led to a reduction in unit labor costs, despite pay rises. Unions are more prepared to accept flexible working practices, though they have not reached levels of acceptance found in the UK.

Economic aspects, Germany, Labor costs

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Enter Ovitz

Article Abstract:

Michael Ovitz has been appointed president at Walt Disney and will have operational control of a range of activities including retailing, theme parks and motion pictures. Ovitz helped set up Creative Artists Agency which includes more than 1,000 stars, screenwriters and musicians. Michael Eisner, chairman of Disney, will be able to take on more of a role as a strategist with Ovitz as president. Ovitz and Eisner are long-term friends, and Ovitz was appointed by Eisner.

Motion Picture Production, Motion Picture and Video Production, Officials and employees, Appointments, resignations and dismissals, Motion picture industry, Movie industry, Walt Disney Co., Movie production, DIS, Ovitz, Michael

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Kvaerner all at sea: not content with launching ships, Norwegian engineer Kvaerner is to startlaunching rockets

Article Abstract:

Two Russian and Ukrainespace technology companies have linked with Boeing, an aircraft manufacturer, and Kvaerner, ashipbuilder, to launch satellites from a floating platform in the Pacific Ocean. The Zenit rocketwill be supply and guided companies, and the satellite housing will be built by Boeing. Kvaernerwill develop and operate the launch platform and it is preparing to commission a specialcommand ship that will control launches.

Innovations, Satellite launch services industry, Kvaerner ASA, BoeingCo.

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