Unilever nearly halves expected European job cuts

Unilever nearly halves expected European job cuts

This is done through savings projects from 2022 to 2024 and not hiring externally Unilever is cutting about 1,500 fewer jobs in Europe than initially anticipated and hiring about 1,000 people, primarily those affected by its cost-cutting drive, for its soon-to-be spun off ice cream business, the head of the company’s European Works Council told…

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Alibaba is said to consider offering US$5 billion of bonds

Alibaba is said to consider offering US billion of bonds

CHINESE tech conglomerate Alibaba Group Holding is considering an offering of bonds totalling the equivalent of about US$5 billion as soon as this month, people familiar with the matter said. The potential debt sale could include US dollar and yuan parts, some of the people said, asking not to be identified. It would come after…

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Samsung unveils surprise US$7 billion buyback over coming year

Samsung unveils surprise US billion buyback over coming year

Samsung Electronics plans to buy back about US$7.2 billion of its own stock over the next year, putting in motion one of the larger shareholder return programmes in its history. Korea’s largest company will repurchase the stock in stages over the coming 12 months, it said in a regulatory filing on Friday (Nov 15). Samsung’s…

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CCCS okays Hanwha’s proposed acquisition of Dyna-Mac

CCCS okays Hanwha’s proposed acquisition of Dyna-Mac

Regulator says transaction will not substantially lessen competition within Singapore THE Competition and Consumer Commission of Singapore (CCCS) has cleared Hanwha Ocean SG Holding’s proposed acquisition of Dyna-Mac. In a press release on Friday (Nov 15), the competition regulator said that it has assessed that the transaction will not substantially lessen competition within Singapore. Hanwha,…

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Mike Tyson Slaps Rival Jake Paul During Weigh-In as Both Are Dragged Apart in Heated Final Face-Off Ahead of Blockbuster Boxing Bout

Mike Tyson Slaps Rival Jake Paul During Weigh-In as Both Are Dragged Apart in Heated Final Face-Off Ahead of Blockbuster Boxing Bout

Mike Tyson is ready for the fight. After the official weigh-ins on Thursday evening at the Toyota Music Factory Tyson, 58, slapped 27-year-old Paul during their final face-off ahead of their showdown set for Friday night at AT&T Stadium. Eventually, Tyson had to be dragged away from the YouTuber. The sudden flare-up of Tyson’s infamous…

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Matt Gaetz: Woman in Bombshell Testimony to Congress Claims Trump’s Attorney General Pick Had Sexual Encounter With Her When She Was 17

Matt Gaetz: Woman in Bombshell Testimony to Congress Claims Trump’s Attorney General Pick Had Sexual Encounter With Her When She Was 17

A central figure in a Justice Department investigation into sex trafficking allegations involving Matt Gaetz told the House Ethics Committee that the former congressman had sex with her when she was 17, according to a report. Gaetz had been under investigation by the House Ethics Committee for years over accusations of drug use and sexual…

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