H&M cuts 1,500 jobs as part of cost-cutting campaignThe company faces fierce competition and rising costsFourth quarter book restructuring charge of $75.8 millionCOPENHAGEN, Nov 30 (Reuters) - Swedish fashion giant…
Nov 30 (Reuters) - Corporate America is preparing for a potential economic downturn by reducing the employee base as part of its streamlining measures.Job cuts announced by US-based employers jumped…
Bank gives details of latest earnings warningAnalyst highlights asset outflowsSeeks shareholder approval for $4 billion capital raiseStocks open lower after updateZURICH, Nov 23 (Reuters) - Credit Suisse (CSGN.S) expects to…
SINGAPORE, Nov 21 (Reuters) - Standard Chartered (STAN.L) expects Asia and the Middle East to outperform other regions even as inflation spirals and borrowing costs soar risk tipping the world's…
Nov 21 (Reuters) - Bob Iger is to show Wall Street a new side of his character as he returns to lead Walt Disney Co (DIS.N) cutting costs and restoring…
HONG KONG, Nov 16 (Reuters) - China's Tencent Holdings (0700.HK) said on Wednesday it would return capital to shareholders through a distribution of dividends from its $20.3 billion stake in…