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Sony to cut 1,000 jobs at smartphone business - report
2015-01-28 08:20:00| Telecompaper Headlines
(Telecompaper) Sony plans to eliminate another 1,000 jobs in its smartphone operations, a person familiar with the matter told Bloomberg. The new cuts will reduce staff in the division to about 5,000 after including 1,000 job losses previously announced by the company. The cuts will affect Sony's operations in China, the UK and Sweden, the report said. CFO Kenichiro Yoshida is ending the development of new smartphones for China and is culling the number of Xperia models. The additional cuts are needed to reach the company's goal of reducing operating costs in the business by 30 percent by March 2017. Sony declined to comment on the report.
Tags: business
report
jobs
sony
UTi Worldwide says to cut several top jobs
2015-01-28 01:33:05| Logistics - Topix.net
Logistics company UTi Worldwide Inc said it would cut several top jobs and no longer maintain regional infrastructure as a way to reduce costs. The restructuring will result in $30 million to $40 million in annual savings, UTi said.
Regulators approve rate cut for Piedmont Natural Gas customers
2015-01-27 23:46:29| Energy - Topix.net
It will be the second cut in as many months in the fuel charges passed on to Piedmont Natural Gas customers in the Carolinas. N.C. regulators on Monday approved a cut in Piedmont Natural Gas' customer fuel charge and a small increase in its charge for upgrading distribution infrastructure, for an overall reduction in rates that starts Feb. 1. The N.C. Utilities Commission approved Piedmont's request to cut the benchmark price it charges N.C. customers for natural gas to $3.25 from $4 per dekatherm.
Tags: rate
natural
customers
cut
EDF to cut gas prices by 1.3%
2015-01-27 18:03:00| BBC News | Business | UK Edition
EDF says it will cut gas prices by 1.3%, the last of the "big six" energy firms to reduce prices in the wake of a fall in the wholesale price of gas.
The Coca-Cola Co to cut Coke calories in Canada
2015-01-27 16:05:00| Daily beverage news and comment - from just-drinks.com
The Coca-Cola Co's Canadian unit is to reduce the calorie count of its flagship cola brand by 8%.
Tags: canada
cut
coke
calories
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