Tech Stocks Lead LossesPhilips will cut 13% of jobs to increase its profitabilitySTOXX 600 down 0.6%Jan 30 (Reuters) - European stocks fell on Monday as cautious investors anticipated a series…
LONDON, Jan 30 (Reuters) - Consumer goods giant Unilever on Monday appointed Hein Schumacher to replace Alan Jope as chief executive from July 1, a move hailed by board member…
LONDON, Jan 27 (Reuters) - Shares of Rolls-Royce (RR.L) fell 4% on Friday after its new CEO warned staff that the aerospace company, Britain's premier blue-chip engineering group, was a…
Jan 17 (Reuters) - Decades-high inflation and the impact of war in Ukraine have forced European companies to lay off or freeze hiring.Here are some of the companies that have…
LONDON/SINGAPORE, Jan 17 (Reuters) - The pound rose slightly on Tuesday after data showed the pace of wage growth in Britain, closely watched by the Bank of England as it…
Goldman cuts about 3,200 jobs worldwideGlobal downturn and transaction crisis hit industryFired bankers go to LinkedIn and hire headhuntersSenior executives may struggle to find comparable positions - recruitersSYDNEY/HONG KONG/LONDON, Jan…
LONDON, Jan 11 (Reuters) - Banks have started cutting jobs around the world, hit by cost pressures from inflation and falling earnings in many core business sectors in markets volatility…
NEW YORK, Jan 9 (Reuters) - The U.S. dollar fell to its weakest level in seven months against the euro on Monday, as traders bet recent economic data would prompt…
LONDON, Jan 6 (Reuters) - The dollar held firm at a near-month high on Friday after U.S. economic data highlighted a still-tight labor market that could keep the Federal Reserve…
LONDON, Jan 3 (Reuters) - British builders are starting 2023 on the back foot, after reporting one of their biggest drops in business since the 2008-09 recession last month, reflecting…