Top firm to cut 15000 jobs
November 3, 2015
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Top firm to cut 15000 jobs

“We are positioning the group for improved return on equity on a strengthened capital base”,…

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Alcoa idles Intalco smelter near Ferndale
November 3, 2015
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Alcoa idles Intalco smelter near Ferndale

Alcoa said it will begin the cuts later in the fourth quarter, and will aim…

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Michelin to shed 1600 jobs in European plant shake-up
November 3, 2015
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Michelin to shed 1600 jobs in European plant shake-up

Tyre manufacturer Michelin has revealed plans to run down a factory in Northern Ireland, placing…

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JD.com Says Alibaba Pressuring Merchants Before Singles’ Day
November 3, 2015
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Business

JD.com Says Alibaba Pressuring Merchants Before Singles’ Day

According to media reports, JD.com has accused Alibaba of inappropriately pressuring dozens of apparel retailers…

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Five Students Injured in Fairfax School Fire
November 3, 2015
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Five Students Injured in Fairfax School Fire

Fire and school officials say five students are hurt, including two with potentially life-threatening injuries,…

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Caparo shuts 4 units resulting in 452 job losses
November 3, 2015
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Caparo shuts 4 units resulting in 452 job losses

Administrators from PwC were appointed to 16 companies within the Caparo Industries Group, a Midlands…

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Jetstar, Virgin Australia cancel Bali flights due to volcanic ash
November 3, 2015
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Jetstar, Virgin Australia cancel Bali flights due to volcanic ash

Virgin Australia “has cancelled all flights to and from” Bali, reported Sky News Australia.

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Paris Saint-Germain midfielder sees Barcelona star as role model
November 3, 2015
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Paris Saint-Germain midfielder sees Barcelona star as role model

The two sides are locked together on seven points, with neither having conceded a goal…

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China ICBC Q3 profit up 0.5 pct, soured loans rise
November 3, 2015
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Business

China ICBC Q3 profit up 0.5 pct, soured loans rise

As China heads for its slowest economic growth in a quarter-century, borrowers struggling with sluggish…

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ConAgra selling private label unit for $2.7 billion to TreeHouse Foods
November 3, 2015
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Business

ConAgra selling private label unit for $2.7 billion to TreeHouse Foods

But the company had experienced problems with the cost of integration and customer service.

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