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It's About Time They Hired Some Engineers...

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Airbus on Thursday said it plans to invest some $1 billion in India, setting up an engineering facility and a pilot training school.
Airbus also released a study predicting a huge growth in the Indian airline industry, saying that the country will need 1,100 airplanes worth $105 billion by 2025.

Airbus to Invest $1 Billion in India [AP via NYTimes]


Citadel Did Some Hiring And Firing This Week

Good news for some, less good news for others.

Hiring (At Some Point) Watch '12: UBS

The Swiss bank is said to be making the young ones wait to hear if there's room at the inn. "UBS is delaying return offers to summer analysts in S&T from late August to God-knows-when. Reason provided: "It's difficult to bring key decision makers together due to 2-weekers [taking their mandatory vacation]"