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Outokumpu sells assets to slash debt, plans 650M rights issue

2013-12-02 07:47:05| Steel - Topix.net

This is expected to lower the company's net debt by 650 million and decrease its gearing by about 30 percentage points.

Tags: rights issue plans debt

 

Deutsche Telekom to slash up to 6,000 T-Systems jobs

2013-12-02 01:00:00| Total Telecom industry news

Report claims telco aims to streamline IT unit to focus more on cloud services.

Tags: jobs deutsche telekom slash

 
 

Sony to slash film production unit

2013-11-22 12:45:34| BBC News | Business | UK Edition

Sony Pictures says it will make a "significant shift" away from movies after films like Will Smith's After Earth under-performed at the box office.

Tags: film production unit sony

 

HJ Heinz to shut three North American facilities, slash 1,350 jobs

2013-11-15 01:00:00| Food Processing Technology

American food company HJ Heinz is set to shut three of its manufacturing facilities in North America, putting 1,350 jobs at risk, as part of its efforts to ensure effective and efficient operations.

Tags: jobs north american facilities

 

RPT-U.S. corn syrup makers slash prices to fend off cheap sugar

2013-11-11 14:33:41| Agriculture - Topix.net

Corn syrup producers are scrambling to defend their once-dominant share of the U.S. sweetener market, offering rare price cuts for next year as tumbling sugar prices erode the advantage of typically cheaper syrup.

Tags: prices cheap sugar makers

 

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