News Headlines - 15 June 2011

▽Teachers vote in favour of strike over pensions - BBC
Thousands of schools are set to be hit by a series of walk-outs after teachers backed strike action in England and Wales over changes to their pensions.

▽Weekly bin collections 'dead and finished' - Telegraph.co.uk
Council leaders yesterday said that weekly bin collections are ‘dead and finished’ following a Government shake up of the waste system that will mean more recycling and slop buckets in most kitchens.

▽Greek prime minister to form new government - Reuters
Greece's prime minister said on Wednesday he would form a new government and seek a vote of confidence from his parliamentary group after violent protests against austerity measures.

▽Acer to cut 300 jobs in Europe - The Guardian
Acer, the Taiwanese company that is the second-biggest PC maker in the world, will cut 300 jobs in Europe and has slashed its full-year shipment target for tablets by almost 60% to around 3m units. The company also said it expects lower notebook shipments this year as it struggles to clear excess inventory.

▽Pandora’s ‘pop’ fuels bubble fears - Financial Times
The signs of a bubble in newly floated consumer internet stocks intensified as shares in Pandora, a lossmaking online music service, briefly soared by more than 60 per cent when trading began.







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