General Mills to reduce workforce by 700 to 800
American Food giant General Mills Inc. said in a filing with federal securities regulators on Tuesday that it was reducing its workforce by 700...
Employment grew by 213,000 in the private sector in September in the US
There were 213,000 more jobs in the private sector in September in the United State than in August, says the ADP National Employment Report,...
Two men accused of Herbalife stock insider trading
Two men were charged on Tuesday with insider trading on Herbalife shares. The Securities and Exchange Commission (SEC) said in a settled complaint that...
Honda posts 45 percent higher sales in India in September
Honda sales in India rose by 45% in September to 15,015 vehicles, compared to 10,354 units in September 2013.
Japan’s second-largest automaker sold 1,152 Brios...
India announces offshore wind power project
India’s first offshore wind power project has been announced by the federal government. The 100-megawatt project will be built off the coast of Gujarat,...
Sainsbury full year forecast cut
Britain’s third largest supermarket chain J Sainsbury plc reduced its full-year sales guidance. The company will also review its dividend policy after posting a...
Manufacturing activity in India falls to nine-month low
The India Manufacturing Purchasing Managers' Index declined to a 9-month low of 51 in September from 52.4 in August, according to a report published...
FCA to launch Tesco probe
Tesco’s accounting system is to be investigated by the Financial Conduct Authority (FCA), the UK’s financial watchdog. A scandal emerged when the world’s second...
Ford adding 1,000 new jobs at its Oakville Assembly in Ontario
Ford will be generating 1,000 new jobs at its Oakville Assembly in Ontario, Canada, transforming it into one of its most competitive and advanced...
Walgreen reports loss of $239 million in fourth quarter
America’s largest drugstore chain, Walgreen, reported a loss of $239 million in its fiscal fourth quarter.
The loss stems from the company’s massive accounting charge...