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UK budget deficit narrows in May to 6.7bn

2017-06-21 12:04:05| BBC News | Business | UK Edition

The UK's budget deficit narrowed last month, helped by a recovery in value added tax receipts.

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L Brands narrows Q3 earnings guidance

2016-11-01 12:49:00| Daily apparel & textile news and comment - from just-style.com

L Brands, owner of the Victoria's Secret, Pink and La Senza brands, has narrowed its third-quarter earnings guidance.

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UK trade deficit narrows in April as exports jump

2016-06-09 11:25:34| BBC News | Business | UK Edition

Britain's trade deficit narrowed in April after goods exports rose to a near three-year high, official figures show.

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Microsoft cuts more jobs in smartphones as focus narrows

2016-05-25 11:10:00| Telecompaper Headlines

(Telecompaper) Microsoft announced plans to cut another 1,850 jobs at its smartphone business, as it narrows the focus to the enterprise market. After earlier agreeing to sell its feature phone business, the company is now focusing its phone efforts on where it has "differentiation with enterprises that value security, manageability and our Continuum capability, and consumers who value the same," said CEO Staya Nadella. The restructuring and writedown of assets will lead to charges of USD 950 million in its latest quarter, including around USD 200 million for severance payments.

Tags: jobs focus microsoft cuts