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Added on the 08/07/2015 16:59:13 - Copyright : Reuters EN
The job cuts and $950 million writedown will come from its smartphone unit, but Microsoft insists it's not hanging up on that business. Fred Katayama reports.
Perols (France), Sep 9 (EFE/EPA), (Camera: Guillaume Horcajuelo).- French distribution giant Auchan announced Wednesday the elimination of 1,475 jobs in France, a measure that will not affect its operations in Spain.FOOTAGE OF THE AUCHAN CHAIN IN THE CITY OF PEROLS, FRANCE
Ralph Lauren is cutting about 1,000 jobs and closing fifty stores as part of a sweeping plan to lower costs and revive sales growth at the luxury fashion brand. Bobbi Rebell reports.
Ralph Lauren is cutting about 1,000 jobs and closing fifty stores as part of a sweeping plan to lower costs and revive sales growth at the luxury fashion brand. Bobbi Rebell reports.
Boeing plans to cut up to 8,000 jobs this year at its commercial airplane division, according to two people familiar with the matter. As Hayley Platt reports, the move could slash $1 billion in costs and help it battle for sales against European rival Airbus.
The first official budget figures since Britain voted to leave the EU show a smaller-than-expected budget surplus. As post-referendum data continues to trickle in, attention is turning to what sort of access Britain will seek with its main trading partners in the EU. Kirsty Basset reports.