Symantec plans to cut over 1,000 jobs as part of a shake-up at the Californian anti-virus software firm, reports suggest. The firm, which yesterday released rather positive trading results, announced a streamlined corporate strategy that ...
Tags: Symantec, anti-virus software, cut jobs
As previously communicated, in the face of increasingly difficult domestic trading conditions for its soda ash business, Penrice Soda Holdings Limited has been conducting a strategic review of its entire chemicals business to improve its ...
Tags: Penrice, JV, Soda Ash Distributor
The Indian textile industry, the single largest employment provider, employing over 91 million people particularly the rural masses and women and the backbone of country's economy has been passing through a worst crisis in its history ...
Tags: SIMA, textile industry, raw material prices
Automated self-checkout is appearing in more and more retail stores, with Walmart this year installing 10,000 self-service kiosks in hundreds of stores. But self-checkout is a technology direction with risks -- and even as Walmart moves ...
HP has received overtures for enterprise search firm Autonomy and IT and equipment provider Electronic Data Systems (EDS), sources familiar with the discussions have revealed. The Wall Street Journal reported that the expressions of ...
Tags: HP, Autonomy, IT, Electronic Data Systems
Unite the union has urged Asda to reinstate its contract with Welsh Country Foods (WCF). The plea comes after WCF’s owner Vion UK warned that losing the contract could force the closure of the Anglesey site with the loss of up to 350 ...
Tags: Unite the union, Asda, Welsh Country Foods
HP is to axe staff from its Autonomy business in a shake-up that will also see the company take on 50 new engineers. In an email published by AllThingsD, Robert Youngjohns (pictured), who took over as Autonomy CEO from Mike Lynch in ...
Tags: HP, Autonomy business, company news
Nearly 350 jobs are under threat at Vion's Welsh Country Foods' lamb processing facility on the Island of Anglesey, after the manufacturer warned today (January 11) that it could be forced to close the business. The firm has launched a ...
Tags: Welsh Country Foods, close, Vion, difficult, food
British baking firm Warburtons is set to shut down its Blackpool bakery facility,a move that is expected to result in 55 job losses. Production at the facility will be suspended by the end of January.Factors such as challenging economic ...
Tags: Warburtons, Blackpool bakery facility, British baking firm, UK
MERAFE Resources said that benchmark ferrochrome prices for the coming quarter remained nearly flat, rising just 2% to USD 1.125/lb dashing hopes that reduced supply would help prices rebound. Merafe announced last Wednesday that ...
Tags: Ferrochrome prices, MERAFE Resources, ferrochrome supply, ferrochrome
The Critical Metals Report: John, a recent Brookings Institution report suggested that greater collaboration between U.S. and Chinese companies would alleviate tensions over tightening rare earth markets. Is the proposed merger between the ...
Tags: Rare earth, Critical Metals, rare earth markets, REEs
Despite a healthy economic growth, Canada’s economy lost 2,800 jobs in February, with at least 18% of those positions belonging to the mining sector. According to the latest report from Statistics Canada, released this morning, the ...
Tags: mining industry, mining, mining sector, mining market
RBI in its Mid-Quarter Monetary Policy Review: December 2012, made no significant changes today, with cash reserve ratio (CRR) of scheduled banks unchanged at 4.25 per Cent. Consequently, the reverse repo rate under the LAF unchanged at 7.0 ...
Tags: significant changes, marginal standing facility, garment Industry
Reuters reported that a dispute between Papua New Guinea and Canada's Nautilus Minerals threatens to sink plans to mine gold and other metals for the first time from the ocean floor. It could also work against efforts by the South Pacific ...
Tags: underwater miner, deposit copper, gold, minerals
Reuters reported that Luxembourg based stainless steel maker Aperam is interested in buying the ThyssenKrupp Acciai Speciali Terni plant in Italy, the company said, joining what sources said was a list of possible bidders. Others ...
Tags: stainless steel maker, Aperam, ThyssenKrupp Acciai Speciali Terni