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BAYER JOB CUTS
Rolls-Royce was struggling to survive, then CEO laid off 2,500 managers—now stock price has surged 500%Rolls-Royce CEO Tufan Erginbilgiç fired 2,500 employees, mainly managers, to turn the company around. This move led to a 500% share price i...
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian markets closed lower on Wednesday, dragged by banks and ahead of the US Fed rate decision. The market is cautious about potential po...
Job Market Turmoil: European companies cut to the chase with layoffsRising inflation and the war in Ukraine have led European companies to freeze hiring or cut jobs. Key organizations such as TSB, PKP Cargo,...
Europe's STOXX 600 clocks best week in 3 months on rate optimismEuropean stocks ended the week on a positive note, buoyed by strong U.S. economic data. The pan-European STOXX 600 index saw a 2.4% rise fo...
Gold hits record high as global markets riseGold hit a record high on Friday as global stock markets gained on reassuring data about the health of the world's biggest economy and like...
As crisis deepens, Pakistan's public assets are up for salePakistan's source funds from friendly countries which were flowing in are dried up. At present, the crisis stuck Pakistan is not getting ea...
Ahead of Market: 10 things that will decide stock action on MondayThe Indian markets ended the day 1% lower after global market turmoil caused some investors to pull money out of the country's stocks. Howe...
Ahead of Market: 10 things that will decide D-Street action on FridayThe MACD showed bearish signs on the counters of L&T Tech, Vaibhav Global, WABCO India, Mahindra CIE among others. Bearish crossover on the...
How science can fix a different oil imbalance in IndiaFood bought from overseas soaks up dollars, which no developing economy wants to part with right now. But that isn’t all. In the current ge...
Ahead of Market: 10 things that will decide D-Street action on Monday“As long as Nifty stays below the hurdle of 17,500 levels, there is a possibility of muted movement in the market. A sustainable move above...
Dream run continues: Sensex, Nifty50 end at fresh record highIndustry heavyweights ITC, HDFC Bank and HDFC contributed most to the gains.
With fatter paychecks, startups rope in more talent than big cos like IBM, HULStart-ups and emerging firms like TaxiForSure, ZipDial, Snapdeal offered salaries higher than established companies at the last placement s...
- Unemployed find old jobs now require more skills
The jobs crisis has brought an unwelcome discovery for many unemployed Americans: Job openings in their old fields exist, yet they no longe...
- Pharma cos lose out in patent office-judiciary stand-off
FOR the patent office, the past three years have been like the past three overs of a Twenty20 match.
- You gotta move it, move it
This new band of men and women also dreams movies but keeps a strict eye on the bottomline, and they know if you have to make it, you have ...
- Bayer net quadruples to $1.7 b in Q3
Drug and chemical maker Bayer said Tuesday that its third-quarter profit nearly quadrupled with help from a massive tax gain, and lifted it...
- India draws 25% of global R&D funds
India’s innovation basket is set to swell, as it continues to be a hot R&D destination for global cos.