Finnish IT services provider Tieto had planned to reduce its workforce by a further 5% following last year's job reduction, said a report from Reuters.
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Petition to CLB on Positiv TV dispute expands
Naveen Jindal is the latest personality included in the ownership dispute of Positiv TV. Congress Member of Parliament and Industrialist Naveen Jindal was recently included in an ownership dispute between the shareholders of Positiv TV.
Clariant to gain CHF 320 million from leather-chemical, detergent units- analysts
Analysts surveyed by Bloomberg said Clariant would gain CHF 320 million once it would divest its leather and detergent businesses.
South Korea's GS Caltex cancels Brazilian refinery plan
GS Caltex of South Korea had cancelled a Brazilian refiner plan over profitability uncertainties, said a Reuters report.
Hankook Tire invests USD 800 million for first US factory
South Korean company Hankook Tire would be investing USD 800 million to build its first tire plant in the US.
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Danske Bank dismissed its Head of Treasury Steen Blaafalk. According to a Bloomberg report, Danish lender Danske Bank had fired its Head of Treasury Steen Blaafalk.
Facebook Inc. had agreed to buy Onavo, an Israeli startup app-maker company, said a report from Reuters.
US Senators were still in negotiations regarding an agreement to reach a fiscal On Sunday, US Senate negotiations to end the fiscal crisis of the country showed signs of progress.
TCS Group priced the IPO of Tinkoff Credit Systems from USD 14 million to USD 17.50 for every global depositary receipt.
Chinese tycoon Tong Jinquan would be purchasing SGD 200 million shares in Viva Industrial's SGD 375 million Singapore IPO.
Tropical Storm Octave could flood some parts of Texas when it makes landfall sometime this week. According to The Inquisitor, Tropical Storm Octave could bring heavy rains and potential flooding in the Southwestern portion of the US.
Because of price caps and channel disruptions, the Indian drug market still is continuing its negative growth pattern.
The new fund of private equity firm Cudos Capital, which is co-founded by former Austrian chancellor Alfred Gusenbauer, would seek to raise EUR150 million.
Investors were forced to short sell, or sell securities it does not own, due to the prolonged partial government shutdown.
