Showing 21-30 of 1,983 results
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Ericsson to cut 8,500 jobs worldwide
AFP, Published on 25/02/2023
» STOCKHOLM - Telecom equipment maker Ericsson said Friday it would slash 8,500 jobs worldwide, part of a cost-cutting programme as financial headwinds push operators to rein in spending.
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Qatar bid for Man Utd as Saudis linked with takeover
AFP, Published on 18/02/2023
» LONDON: The race to buy Manchester United became a little clearer on Friday when a consortium led by Sheikh Jassim Bin Hamad Al Thani, chairman of Qatar Islamic Bank (QIB), announced that it had submitted an offer to take full control of the Premier League club.
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Global stocks rise after strong US retail sales, better UK inflation data
AFP, Published on 16/02/2023
» NEW YORK - Wall Street stocks shrugged off early weakness and pushed higher Wednesday as they followed European bourses upward after strong US economic data.
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Credit Suisse posts biggest loss since 2008
AFP, Published on 09/02/2023
» GENEVA: Credit Suisse on Thursday posted its biggest annual loss since the 2008 financial crisis and the scandal-plagued Swiss banking giant expects to fall deeper into the red in 2023, sending its shares tumbling.
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India's Adani denies rise due to Modi as shares slump again
AFP, Published on 03/02/2023
» MUMBAI - Beleaguered Indian tycoon Gautam Adani denied Friday that his rise to become Asia's richest man -- a title he has lost in a phenomenal stock rout -- was due to Prime Minister Narendra Modi, as shares in his conglomerate slumped again.
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Shares in India's Adani plunge 15% after fraud claims
AFP, Published on 27/01/2023
» MUMBAI - Trading in the business empire of Asia's richest man Gautam Adani was halted Friday following a 15 percent plunge in its share price, days after a US investment firm claimed it had committed "brazen" corporate fraud.
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Power returns to cities in Pakistan day after massive outage
AFP, Published on 24/01/2023
» ISLAMABAD - Power had returned to most cities across Pakistan on Tuesday, a day after a nationwide breakdown left the country of 220 million people without electricity.
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Microsoft says it will axe 10,000 employees over poor economy
AFP, Published on 18/01/2023
» WASHINGTON - Microsoft on Wednesday said it would lay off 10,000 employees in the coming months as the economic downturn continues to punish US tech giants.
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US fraud trial begins over Elon Musk's 2018 Tesla tweets
AFP, Published on 18/01/2023
» SAN FRANCISCO - Jury selection began on Tuesday in a California courtroom over whether Elon Musk committed fraud with a pair of 2018 tweets saying he was poised to take Tesla private.
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Southwest Airlines faces storm of criticism over holiday chaos
AFP, Published on 28/12/2022
» NEW YORK - More than 10,000 flights cancelled over the Christmas holiday, chaos at airports across America: Southwest Airlines found itself in the hot seat Tuesday as the airline behind the lion's share of the weather-linked travel mayhem.
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