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World Street | Britain, Japan in recession, Cisco, Morgan cut jobs; Apple sharpens war with Microsoft - Vimarsana News

World Street | Britain, Japan in recession, Cisco, Morgan cut jobs; Apple sharpens war with Microsoft

From the recession wave in Britain and Japan, job cuts by Cisco and Morgan Stanley to Coinbase turning black, SpaceX's shift to Texas, and Apple's new developer tool, here's a look at recent business developments around the world.

UPS to cut 12,000 jobs after 'disappointing' year - Vimarsana News

UPS to cut 12,000 jobs after 'disappointing' year

The company disclosed the job cuts on its quarterly earnings call Tuesday.

Source: wdrb.com
Cross-party group of MPs tell minister of concerns over UAE-backed takeover of The Telegraph - Vimarsana News

Cross-party group of MPs tell minister of concerns over UAE-backed takeover of The Telegraph

A cross-party group of more than 20 MPs and peers has written to the Culture Secretary expressing their deep concern at the prospect of The Telegraph being taken over by a United Arab Emirates-backed fund.

Source: yahoo.com
Cross-party group of MPs write letter over UAE-backed takeover of The Telegraph - Vimarsana News

Cross-party group of MPs write letter over UAE-backed takeover of The Telegraph

A cross-party group of more than 20 MPs and peers has written to the Culture Secretary expressing their deep concern at the prospect of The Telegraph being taken over by a United Arab Emirates-backed fund.

Source: yahoo.com
Hindustan Zinc expects "positive feedback" from govt on co rejig by next quarter - Vimarsana News

Hindustan Zinc expects "positive feedback" from govt on co rejig by next quarter

The companys board had on September 29, proposed a corporate restructuring to create three separate legal entities for zinc and lead, silver, and recycling business. The move, meant to unlock potential shareholder value, is in line with its parent Vedantas plans to create separately listed entities for aluminium, oil and gas, iron ore and steel.