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Politics of Vendetta Vs Peace Process
With the smuggling in of almost 40 trucks of weapons from India, ordinary people’s concern for their life security has sharpened in Nepal. They had become quite happy when the Maoist insurgents entered the mainstream peace process about two years ago. But the status-quoist... BP to cut 5,000 jobs as profits fall by a fifth
"Profits at BP, the UK's largest company, fell 22 per cent to $17.29 billion (£8.7 billion) last year. The oil giant confirmed it would cut 5,000 jobs and target a 20 per cent reduction in overheads by the middle of next year. Chief Executive Tony Hayward said the...Microsoft wants to purchase Yahoo
"Microsoft has offered to buy the search engine company Yahoo for $44.6bn (£22.4bn) in cash and shares. The offer, contained in a letter to Yahoo's board, is 62% above Yahoo's closing share price on Thursday. Yahoo cut its revenue forecasts earlier this week and said it... EMI to cut up to a third of workforce in restructuring
The years of plenty of cash have long gone for the recording companies with the advent of downloads and free music via YouTube and MySpace. EMI should have cut their cost years ago, but one gem remains their property portfolio which is worth millions.... "The new owners... CompUSA to close all of its 103 stores
"Consumer electronics retailer CompUSA said Friday it will close its stores after the holidays following sale of the company to an affiliate of Gordon Brothers Group, a restructuring firm."Visa Inc. Completes Global Restructuring
""The completion of the restructuring marks a pivotal moment in Visa's history," said Joseph W. Saunders, Chairman and Chief Executive Officer of Visa Inc. "I'm delighted by the support our members have shown us throughout this process. By completing the restructuring, we now...Visa announces post-restructuring board of directors
VISA ANNOUNCES POST-RESTRUCTURING BOARD OF DIRECTORS AND APPOINTMENT OF BYRON POLLITT, JR. AS CFO OF VISA INC.San Francisco (ANTARA News/PRNewswire-AsiaNet) - Visa announced today the individuals who will serve as members of Visa Inc.'s Board of Directors after the completion...Russian billionaire Oleg Deripaska buys 5 percent stake in General Motors
"Russian billionaire Oleg Deripaska buys 5 percent stake in General Motors 08.08.2007 Source: URL: http://english.pravda.ru/business/companies/95824-oleg_deripaska_general_motors-0 Oleg Deripaska, the owner of...Fallout from the Sale of Chrysler
"Jobs, Wages, Health Care Pensions: All in Jeopardy Fallout from the Sale of Chrysler By CHRIS KUTALIK and TIFFANY TEN EYCK Auto workers are bracing for a bumpy road ahead at Chrysler, following the May 14 announcement that Daimler-Chrysler (DCX) would sell off 80 percent...Struggling Chrysler to slash 13 000 jobs
NowPublic member, leconcierge is right...Chrysler sure has poor timing when it comes to issuing pink slips."DaimlerChrysler said Wednesday its struggling Chrysler division will cut 13,000 jobs — including 2,000...Nigeria: 30 aviation managers sacked
THE aviation industry was again jolted on Wednesday as over 30 management staff of two parastatal agencies were sacked as part of the ongoing restructuring of the sector. The affected staff members were said to be in the cadre of general and assistant general managers drawn...Ford executive: 'Way Forward' showing in future products
Vehicle design changes, crucial to Fordâs âWay Forwardâ restructuring plan and future of the company.With 16 closing, 38,000 hourly workers accepting buyouts, and planned cuts to 14,000 salaried...Banks compete to finance Eurotunnel debt (AP)
" PARIS - Citigroup and a consortium of Goldman Sachs and Deutsche Bank have submitted competing bids to finance a deal restructuring Eurotunnel's staggering debt, the operator of the undersea rail tunnel linking Britain and France said Sunday. The Anglo-French company is to...Ford to offer buyouts to U.S. workers
"Ford Motor Co., beaten down by rising costs and stiff competition from Asia, is set to institute significant operational changes designed to rein in expenses and restore the company to profitability. The changes — in the form of a restructuring plan — were to be outlined...The Role of an Outplacement Consultant in Your Job Search
"f you are an employee displaced by a lay off or restructuring of your company, one of the best things your employer can do for you is offer you outplacement services and support. For some companies this is a standard practice, while at others it may be something you can...
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