Nomura has no plans to renew controversial guaranteed bonuses for former Lehman Brothers staff who joined the Japanese bank last year, according to a senior executive.Minoru Shinohara, chief executive of Nomura’s non-Japanese Asian operations, also
Hans Vestberg, Ericsson’s incoming chief executive, on Tuesday signalled his determination to bear down further on costs at the largest mobile network equipment maker.The Swedish group announced plans to cut 950 jobs in its home country in a move th
LONDON - David Beckham does not fear being left in the cold when England boss Fabio Capello picks his World Cup squad next summer. Beckham played a central role in helping steer England's 2018 bid back on track in South Africa last week, before par
LONDON - Lloyds said on Monday it will axe nearly 400 jobs at a call centre in Brighton. Lloyds Banking Group has today announced that its contact centre in Brighton will close in May 2010 as part of the group's integration process, LBG said in
City were held to a seventh successive Premier League draw on Saturday and it was once again another side they were expected to beat, Hull, claiming a share of the spoils.
However City are still within touching distance of the top four and Hughes wa
LONDON - Drinks retailer First Quench, which owns Threshers, Bottoms Up and Victoria Wine outlets, will axe another 2,140 jobs and close nearly 400 more shops, administrators announced Friday. The joint administrators of First Quench Retailing...
LONDON - BMI, which was recently taken over by Lufthansa of Germany, said on Wednesday it planned to cut 600 jobs and said more positions were at risk owing to a drop in passenger demand. A reduction in the number of aircraft deployed... will resu
HELSINKI - Nokia, the world's biggest mobile phone maker, said on Friday it would shed about 330 jobs in Finland and Denmark as part of a streamlining of its research and development operations. The planned changes are expected to affect up to 230
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