glimmers

Ford Europe cuts jobs to achieve $200 million cost savings

Ford plans to shed hundreds of white-collar jobs in Europe to cut costs by $200 million annually and is taking additional steps to revamp its lineup as it targets durable profitability in the region, the carmaker said on Wednesday. The U.S. automaker turned a full-year profit of $259 million in Europe in 2015 for the first time

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Ford Europe cuts jobs to achieve $200 million cost savings

glimmers

Yahoo to look at strategic alternatives, cut jobs as it pursues spin-off

Yahoo Inc said on Tuesday it would consider “strategic alternatives” for its core Internet business and cut about 15 percent of its workforce, even as it continues with its plan to revamp the business and spin it off. The announcement is the strongest sign yet that the board and Chief Executive Marissa Mayer may be willing to…

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Yahoo to look at strategic alternatives, cut jobs as it pursues spin-off

glimmers

Oil lifts stocks off lows, yen and low-risk debt in favor

LONDON (Reuters) – Glimmers of recovery in oil prices on Wednesday lifted European stock markets off their lows and dimmed the allure of the Japanese yen, gold and ultra-low-risk government debt.

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Oil lifts stocks off lows, yen and low-risk debt in favor