French Prime Minister Jean-Marc Ayrault said that an aid plan for the country's automobile sector will be presented to the government after car maker ...
Italian bank UniCredit is to ask shareholders for 7.5 billion euros in new capital, cut 6,150 jobs worldwide and retreat from key business areas in a ...
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Still reeling from the financial crisis, Citigroup is cutting down 4% of its staff to save $1.1 billion in annual expenses. Could this new direc...
Best Buy reported weaker-than-expected sales for the key holiday quarter, prompting the world's largest electronics chain to close 50 U.S. stores and ...
As the French car firm Peugeot attempts to its stem losses by cutting jobs and closing factories, the CGT union remains firm in its opposition to the ...
Google announces 1,200 additional job cuts at Motorola Mobility as part of the reductions it announced last summer. Brittany Umar has details on that ...
Finnish mobile phone maker Nokia is cutting 10,000 more jobs and selling off its luxury handset unit Vertu, in a bid to keep the company alive in the ...