JSW Steel Bids For Tata UK Assets

JSW Steel has bid for the British operations of Tata Steel Ltd, worrying bankers about its high debt levels and pulling down JSW shares on Tuesday

Intel To Cut Up To 12,000 Jobs As PC Industry Swoons

Intel Corp said on Tuesday it would cut up to 12,000 jobs globally, or 11 per cent of its workforce, as it refocuses its business towards making microchips that power data centres and Internet connected devices and away from the declining personal computer industry it helped found

Tata Steel Reaches Out To 190 Parties For Sale Of UK Assets

Tata Steel on Monday said it has reached out to 190 potential financial and industrial investors for selling its UK assets, while appointing Standard Chartered Bank as an additional advisor to scout for buyers in Asia and the Far East

Tata Steel Sells UK Scunthorpe Plant To Greybull Capital

British investment firm Greybull Capital has said it would buy Tata Steel's Long Products Europe division in a deal which includes $570 million investment and financing package

Thousands Of Jobs At Risk As Tata Steel Seeks British Exit

Tata, which employs about 15,000 people in Britain at sites including the giant Port Talbot plant in Wales, said its financial performance in Britain had deteriorated sharply in recent months and it wanted to exit as quickly as possible

Credit Suisse Steps Up Cost Cuts In Tough markets

The cuts include eliminating 2,000 jobs at its Global Markets business to better weather challenging market conditions, Switzerland's second-biggest bank said

Barclays Slashes Hundreds Of Investment Banking Jobs

The harsher-than-expected cuts are among the most sweeping worldwide culls by an investment bank in recent years

Goldman Sachs To Cut Hundreds Of Jobs

The bank, which is set to report its fourth-quarter results next week, is preparing for steeper cuts this year within its debt, currencies and commodities division, Wall Street Journal reported

Britain, Tata Steel Announce Aid Package After Job Losses

Malaysia Airlines Job Cut Plan Gets State Support

Disney-Owned ESPN Cutting Hundreds Of Jobs

ABN AMRO Cuts 400 Jobs; Prepares For Eventual Sale

RBS India To Cut Jobs As Winds Down Retail Ops

Citigroup To Slash 11,000 Jobs Worldwide

Asia's Souring Debt A Threat To StanChart Magic