Gulf Times - company
Fujifilm says to slash 10,000 jobs at Xerox JV, after report on new deal

Fujifilm says to slash 10,000 jobs at Xerox JV, after report on new deal

Japan's Fujifilm Holdings said it is cutting 10,000 jobs globally at its joint venture with Xerox Corp to cope with a decline in the photocopying business, amid speculation of a new deal between the two companies.

Company ordered closed for two weeks for selling expired item

Company ordered closed for two weeks for selling expired item

The Ministry of Economy and Commerce has announced the two-week closure of an electrical appliances and sanitary installations company, located in Madinat Khalifa South ...

Indian tycoon tries to soothe RelComm investor fears

Indian tycoon tries to soothe RelComm investor fears

Indian billionaire Anil Ambani insisted Friday that debt-saddled Reliance Communications had a bright future as he moved to reassure investors who are worried that the telecoms company is close to defaulting on loans.

Uber must get licences as ordinary taxi firm: top EU lawyer

Uber must get licences as ordinary taxi firm: top EU lawyer

Ride-hailing app Uber may be a pioneer in its field but at heart it is an ordinary taxi company and should be regulated as such, a top EU lawyer said Thursday.

Canadian aircraft builder Bombardier cuts 7,000 jobs

Canadian aircraft builder Bombardier cuts 7,000 jobs

Canadian aviation giant Bombardier announced Wednesday it was cutting 10 percent of its global workforce as the company undergoes major restructuring through next year.

General Electric to cut 6500 jobs in Europe

General Electric to cut 6500 jobs in Europe

General Electric said Wednesday it plans to cut up to 6,500 jobs in Europe in the energy units it acquired from France's Alstom last year.