Siemens to Cut 11,600 Jobs as Company Streamlines

May 30 (Bloomberg) -- Siemens CEO said Europe’s largest engineering company will eliminate at least 11,600 positions as it cuts about 1 billion euros ($1.34 billion) in costs. Hans Nichols reports on Bloomberg Television's "Countdown." (Source: Bloomberg)
AirAsia Returns to Profit on Cheap Oil, Thai Unit
00:54 - AirAsia returned to a profit last quarter with the help of lower fuel expenses and a better performance from its Thai affiliate. Bloomberg's Haslinda Amin takes a look at the numbers on "First Up." (Source: Bloomberg)
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