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Cameron tax cuts 'to cost 7.2bn'

2014-10-01 15:20:37| BBC News | Business | UK Edition

The tax cuts being proposed by David Cameron would cost around 7.2bn, the Treasury has said.

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Natural gas engine firm Westport Innovations cuts revenue guidance for 2014

2014-10-01 03:20:07| Automakers - Topix.net

Westport Innovations Inc. cut its financial guidance Tuesday due to uncertainty in its main markets, a change by its partners and worries about a customer's ability to meet its obligations. The company reduced its 2014 revenue outlook to between $130 million and $140 million, down from a July estimate of between $175 million and $185 million.

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AS&E cuts workforce by 10%

2014-10-01 03:19:47| Electronics - Topix.net

American Science and Engineering Inc. said it has reduced its workforce by 10 percent after determining it would post a net loss for the quarter that ended Tuesday. In a press release, AS&E officials said the job cuts, as well as "additional targeted cost reductions to further reduce operating expenses," are being made due to "continued global volatility impacting its markets."

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Opinion divided on impact of China cotton import cuts

2014-09-30 14:40:28| Daily apparel & textile news and comment - from just-style.com

China, the world's top cotton consumer, has announced a significant reduction to its low duty 2015 cotton import quota to boost demand for domestically-produced fibre. But experts disagree on whether the policy could pose risks for textile and clothing manufacturers.

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Tag Heuer cuts jobs as demand slows

2014-09-29 21:13:02| BBC News | Business | UK Edition

High-end watch brand Tag Heuer is cutting management and production jobs after demand for its luxury watches slowed.

Tags: jobs tag demand cuts

 

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