PARIS - French insurance firm AGF, part of Germany’s Allianz , is planning to cut between 1,500 and 2,000 jobs, a newspaper reported on Saturday, and the company has said it was consulting with staff on boosting competitiveness.
GENEVA - The worst of the banking crisis resulting from the subprime meltdown is likely to be over in months rather than quarters, Credit Suisse Chief Executive Brady Dougan was quoted as saying on Saturday.
TOKYO - Toshiba Corp is planning to give up on its HD DVD format for high-definition video, conceding defeat to the competing Blu-Ray technology backed by Sony Corp , a company source has said on Saturday.
MUMBAI - India’s Tata Advanced Systems has said on Saturday it planned to form a partnership with an arm of European plane-maker EADS to bid for the Indian Army’s $1 billion tactical communications system project.
SEATTLE - Most of Yahoo Inc’s top institutional shareholders may be more interested in making sure Microsoft Corp does not overpay for the Web pioneer, because they have more money invested in the largeger software maker, a research report has said on Friday.
SEATTLE - Most of Yahoo Inc’s top institutional shareholders may be more interested in making sure Microsoft Corp does not overpay for the Web pioneer, because they have more money invested in the largeger software maker, a research report has said on Friday.
SEATTLE - Most of Yahoo Inc’s top institutional shareholders may be more interested in making sure Microsoft Corp does not overpay for the Web pioneer, because they have more money invested in the largeger software maker, a research report has said on Friday.
SEATTLE - Most of Yahoo Inc’s top institutional shareholders may be more interested in making sure Microsoft Corp does not overpay for the Web pioneer, because they have more money invested in the largeger software maker, a research report has said on Friday.