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International Companies
29 Nov
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Daimler to cut 10,000 jobs by 2022

Mercedes Benz owner Daimler will cut at least 10,000 jobs worldwide by 2022 as it looks to fund a drive towards further electric vehicle production.

29 Nov
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Music industry calls for regulation of Viagogo takeover of StubHub

Members of the music industry have called on the Competition and Markets Authority to regulate Viagogo’s takeover of StubHub as they claim it will create a monopoly in UK ticket sales.

29 Nov
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Planned Npower closures threaten 4,500 jobs

Energy giant npower is set to close most of its eight UK sites as part of a cost-cutting drive, putting 4,500 jobs on the line.

28 Nov
Panasonic to sell chip unit to Nuvoton for $250m

Panasonic said it would sell its semiconductor unit to Taiwan’s Nuvoton Technology for $250. 0m as it struggles to boost its profitability amid a lack of fresh growth drivers.

28 Nov
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Tata Steel announces 1,000 UK job losses as part of Europe-wide overhaul

Tata Steel Europe has started discussions over plans to axe up to 3,000 European jobs, including around 1,000 in the UK.

28 Nov
TSB confirms locations of 82 branches slated for closure

TSB has revealed which branches are to close as part of a £100. 0m-cost cutting programme announced earlier this week.

27 Nov
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PwC to create 600 jobs in Northern Ireland

PriceWaterhouseCoopers will hire over 600 skilled employees in Northern Ireland over the next five years as part of a special trainee program.

27 Nov
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Shares in John Deere fall after profits slide in fourth quarter

Deere & Company reported a slide in fourth-quarter income and slashed its forecasts on Wednesday, hurt by poor weather in America’s farming heartland and Washington’s ongoing spate with Beijing.

27 Nov
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Jacobs to create almost 2,500 jobs in UK

US-based engineering solutions company Jacobs said on Wednesday that it would create up to 2,400 jobs in the UK with the opening its first European headquarters in London.

27 Nov
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Silver Lakes scores with $500m Manchester City investment

US private equity firm Silver Lake is to acquire a minority stake in City Football Group, the owner of Premier League champions Manchester City, in a $500. 0m deal.

27 Nov
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Ikea invests 200m euros in drive to become carbon neutral

Ikea’s parent company is set to invest an additional €200. 0m in green energy and planting forests in a bid to become the world’s largest carbon-neutral furniture retailer by 2030.

26 Nov
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Audi to cut almost 10,000 jobs by 2025

Audi is set to cut 9,500 jobs from its German production sites by 2025 as part of restructuring action to optimize production and guarantee a greater economy, flexibility and secure jobs, the company announced on Tuesday.

26 Nov
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Dollar Tree shares fall as US-China trade war dents profit forecasts

Shares in Dollar Tree tumbled on Tuesday after the discount retailer cut its forecasts for the crucial holiday season.

26 Nov
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Best Buy beats forecasts, raises FY guidance

US electronics retailer Best Buy raised its full-year earnings guidance on Tuesday morning as its quarterly figures came in ahead of analysts' expectations.

26 Nov
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Alibaba jumps after HK trading debut

Shares of Alibaba jumped on the day of their trading debut on the Hong Kong Stock Exchange, amid heightened demand from retail investors.

26 Nov
Bank of England fines Citi £44m over regulatory failings

The UK operations of American bank Citigroup have been fined £44. 0m by the Bank of England for regulatory failings.

26 Nov
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Google fires four employees over data-security breach

Google sent an email to employees on Monday announcing its decision to fire four employees for allegedly violating its data-security policies.

26 Nov
'Bring it on', Elon Musk replies to Ford VP's challenge

Ford Vice President Sundeep Madra challenged Elon Musk to a fair tow battle between the F-150 and Tesla's Cybertruck after Musk took a swipe at Ford at the unveiling of the latter, prompting a quick reply from the tech visionary.

25 Nov
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GE taps Carolina Dybeck Happe for CFO role

GE named Carolina Dybeck Happe as the group's new chief financial officer on Monday, taking over from outgoing CFO Jamie Miller in "early 2020".

25 Nov
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Ebay to sell StubHub to Viagogo for $4.05bn

Ebay has agreed to sell its ticketing business, StubHub, to rival Viagogo for $4. 05bn (£3. 15bn) in cash.