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Job cuts likely at Air France-KLM despite cheap oil: analysts

2015-01-21 06:45:55| Airlines - Topix.net

Cheap fuel prices are doping the finances of airlines, but analysts say European giant Air France-KLM may still be forced to make further job cuts to cope with stiff competition and a sluggish economy. Despite the company's assertions that no decisions have been taken, the leaders of Europe's second -argest airline have for months seemed to be preparing the ground for the inevitability it will have to shed further staff.

Tags: air job cheap oil

 

Anheuser-Busch announces 60 NJ jobs cuts

2015-01-21 01:13:04| Beverages - Topix.net

Anheuser-Busch will cut a bottling production line along with 60 jobs at its Newark brewery in an effort to "optimize capabilities" at the facility, the company said Tuesday. The company said officials met with employee representatives Tuesday to outline the move, which it said it is "targeting" for the end of March.

Tags: jobs cuts announces anheuserbusch

 
 

Malaysia cuts 2015 growth forecast

2015-01-20 08:38:58| BBC News | Business | UK Edition

Malaysia cuts its 2015 growth forecast after a sharp fall in oil prices causes the government to revise down its budget.

Tags: growth malaysia cuts forecast

 

MPs urge action on milk price cuts

2015-01-20 06:13:56| BBC News | Business | UK Edition

A cross-party committee of MPs urges the government to do more to protect dairy farmers from sharp falls in milk prices.

Tags: price action milk cuts

 

IMF cuts global growth forecast

2015-01-20 03:59:50| BBC News | Business | UK Edition

The International Monetary Fund has lowered its forecast for global economic growth for this year and next.

Tags: global growth cuts forecast

 

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