China Financial Daily

November 12, 2009

PG & E Corp layoffs: A subsidiary of PG & E Corp will lay off 500 people by the end of this year

Filed under: Financial News — Tags: — sherry @ 11:55 am -0800

PG & E Corp layoffs: A subsidiary of PG & E Corp will lay off 500 people by the end of this year
News on November 12, 2009: PG & E Corp. (PCG) spokesman David Eisenhower says Wednesday a subsidiary of San Francisco’s PG & E Corp plans to lay off about 500 people, as the company wants to cut costs, which will affect mainly management positions. Eisenhower says the layoffs begins in the third quarter, will be completed before the end of the year. Eisenhower said the subsidiary has 20,000 employees, slightly more than 2% of the total number of the workforce.

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Premier Wen Jiabao went to visit the Blizzard region in Hebei

Filed under: Financial News — Tags: — sherry @ 11:47 am -0800

Premier Wen Jiabao went to visit the Blizzard region in Hebei
News on Nov.12: This afternoon, Hu Jintao, Premier Wen Jiabao rushed to the Blizzard area of Hebei to guide the work. At 2 pm on Nov.12: Wen Jiabao and the CPC Central Committee and Vice Premier Zhang Dejiang, State Councilor and State Council Secretary-General Ma Kai, the last few days went by train with a fall of snow in Shijiazhuang, on the train to convene on-site office meeting.

Arrived in Shijiazhuang, Wen went to the railway station waiting room to see visitors and to the boundary of Shi-Tai Expressway Hebei and Shanxi provinces, to visit the stranded people, look at the snow conditions.

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In China: The Rare Blizzard has caused Hebei six people to be killed, over 600,000 people were affected

Filed under: Financial News — Tags: , — sherry @ 11:44 am -0800

In China: The Rare Blizzard has caused Hebei six people to be killed, over 600,000 people were affected
News on November 12: November 10 to 12, to the Heavy snow in central and southern Hebei Province. Snow caused a large number of houses, sheds, shelter, crops, greenhouses to collapse. According to the civil affairs department statistics, as at 13:00 on the 12th, the province Shijiazhuang, Xingtai, Handan, Baoding and other municipalities and districts in 29 counties (cities, districts) were the snowstorm hit, the affected population of more than 630,000 people, The direct economic losses of more than 400 million yuan. Xingtai City in which the disaster is even worse, more than 310,000 people were affected and direct economic losses of more than 240 million yuan.

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