Canada unemployment holds at 6.8% in July

Last Updated: Friday, August 7, 2015, 19:23

There were, however, 6,600 new jobs created in the month, somewhat fewer than analysts had forecast.

StanChart says has cut 4,000 staff this year

Last Updated: Wednesday, August 5, 2015, 16:27

Standard Chartered posted a 44 percent slump in first-half profits.

Shell to cut jobs to cope with long period of cheap oil

Last Updated: Thursday, July 30, 2015, 20:27

Royal Dutch Shell announced deep cuts to jobs and investment on Thursday as the global energy giant prepares for a prolonged period of low oil prices.

Shell Q2 net profit drops 37%, to cut 6,500 jobs this year

Last Updated: Thursday, July 30, 2015, 14:04

Royal Dutch Shell on Thursday reported a 37 percent drop in second quarter profits and said it would cut 6,500 jobs this year and reduce spending further to deal with an extended period of lower oil prices.

Consumer confidence in India rises to 4-year high: Nielsen

Last Updated: Monday, July 27, 2015, 18:59

India continued to lead the global consumer confidence index, with the score in the second quarter of 2015 reaching the same level as in 2011, says a report.

Thai Airways to cut 1,401 jobs, suspend flights to US

Last Updated: Sunday, July 26, 2015, 17:34

Thailand`s national carrier aims to reduce operating costs and capacity by 20 percent under the two-year plan, which also calls for aircraft sales and a reduction in staffing.

Qualcomm to cut 15% jobs, raise resources in lower-cost regions

Last Updated: Thursday, July 23, 2015, 21:19

Mobile chip maker Qualcomm has announced a massive restructuring plan that will see the company slashing 15 percent of its global head count and eliminating about USD 1.4 billion in spending as it looks to increase resources in "lower-cost regions".

Qualcomm to cut 4,500 jobs, may split itself up

Last Updated: Thursday, July 23, 2015, 11:39

Qualcomm shares fell 1.8 percent to $63.05 in after-market trading on Wednesday. The stock has lost a fifth of its value in a year.

Vedanta may cut jobs at aluminium unit as prices tank

Last Updated: Tuesday, July 21, 2015, 17:00

The aluminium business of Vedanta Ltd has scaled down operations and may make "huge" job cuts due to low world prices and rising imports, its head told Reuters, urging the government to double the tariffs on foreign supply.

FM Jaitley warns of threat to job creation if investments blocked

Last Updated: Monday, July 20, 2015, 13:58

A day after a ministerial panel headed by the minister failed to break logjam over proposed labour reforms with the Unions, Jaitley said safety of workforce cannot be ensured without an increase in economic activity.

Barclays plans to cut more than 30,000 jobs: Report

Last Updated: Monday, July 20, 2015, 08:29

These job cuts are likely to affect staff at middle and back office operations, where largest savings are achieved, the Times said.

Private sector business outlook lowest since Oct 2009: Markit

Last Updated: Monday, July 13, 2015, 12:59

Private sector business sentiment has fallen to its lowest level since October 2009 as firms expect a subdued order flow in the next 12 months and job creation is likely to be moderate, says a Markit survey.