Milan, (IANS/AKI) : The Roberto Cavalli fashion house has announced it was cutting 200 out of 672 jobs globally, closing some stores and its Milan offices and relocating to a manufacturing district near Florence. "The fashion industry is going through hard times due...
Amsterdam, (IANS) : Dutch bank ING said on Monday that it would scrap nearly 7,000 jobs to move to a digital platform which would save $1.01 billion in annual costs by 2021. The measures are part of a wider overhaul in which ING aims to converge its banking operations...
Berlin, (AG/IINA) : A Muslim migrant woman in Germany who wears a headscarf has to send almost five times as many job applications as a native German candidate with same qualifications to get an interview, research released Tuesday claimed. Independent research...
By Francis Kokutse, Accra, (IANS) : The Indian-owned Mohinani Group says it has been able to provide employment to over 10,000 people as well as awarded scholarships and donated educational infrastructure and portable water to many communities in the 50 years that it...
Riyadh, (IANS) : Saudi Arabia has agreed to form a company to develop and increase the capacity of the holy sites in Makkah and Medina, local Al Eqtisadiya news website reported on Saturday. The proposed company, which will be owned by the government, was approved...
Washington, (IANS) : Republican presidential candidate Donald Trump has said his economic proposals will boost the US economy to grow at a pace of four per cent a year. Trump, speaking at the Economic Club of New York on Thursday, said it was time "to reach" for four...
New York, (IANS) : US stocks traded lower as investors believed that the possibility of a September rate hike became lower following the release of a disappointing nonfarm jobs report. The Dow Jones Industrial Average on Friday rose 89.10 points, or 0.48 per cent, to...
Ankara, (IANS) : The Turkish government has made official the final dismissal of about 40,000 employees, suspected of links with the network of conservative preacher Fethullah Gulen, accused of organising the failed coup in July. According to a decree issued on...
Washington, (IANS) : In what is likely to be the last major engagement between India and the outgoing administration of President Barack Obama, US Secretary of State John Kerry and Commerce Secretary Penny Pritzker are coming to India next week for the second...
San Jose (Costa Rica), (NNN-CARIBBEANNEWS) : More than 82,000 direct jobs and 43,000 indirect jobs, generating a return of $3.179 billion on incentives received (net country benefit), are some of the benefits that the free trade zone regime in Costa Rica has...