Business

BT to cut 4000 jobs in restructuring after 'challenging year'

BT to cut 4000 jobs in restructuring after 'challenging year'

Patterson said: "This has been a challenging year for BT". The remuneration committee, headed up by Sky Chief Tony Ball, deals with executive bonuses and pay. The company also reduced its outlook for 2018 normalised free cash flow and dividend growth. Reported revenues rose 27 per cent to £24.06bn, but only thanks to its acquisition of EE - stripping that out, sales fell 0.2 per cent.


Biotech regulatory committee approves commercial release of GM Mustard

Biotech regulatory committee approves commercial release of GM Mustard

A subcommittee of the GEAC had past year examined dossiers of data submitted by scientists and observed that the GM mustard was safe for human and animal consumption and did not raise any public health or safety concerns. Commenting on the decision, Ashwani Mahajan of Swadeshi Jagran Manch said, "The health and environmental impacts of GM foods have not been addressed adequately".



Moon's rise to power in S Korea causes worries, hopes abroad

The number of outbound travelers in South Korea, in contrast, posted a consistent gain over the first three months of this year to record 6.51 million, compared to 3.7 million of foreigners who came into the country in the same period. After the obligatory congratulations, Japan is cautiously watching to see how relations with South Korea evolve under Moon, known for his tough stance on wartime history and territorial issues.


Qantas boss gets pie in face from gay marriage opponent

Qantas boss gets pie in face from gay marriage opponent

Mr Joyce, 50, accused Overheu of "bullying" corporate leaders in an effort to suppress their views. Mr Joyce, who was shocked but maintained his composure, said "I don't know what that was about" before telling the crowd he was going to have to clean up.



Trader Alert: Unusual Volume Spotted in Valeant Pharmaceuticals International, Inc. (NYSE:VRX)

Adding a sixth ratio, shareholder yield , we can view the Value Composite 2 score which is now sitting at 45. The shares were sold at an average price of $11.00, for a total transaction of $199,258,752.00. However, the company's most recent quarter decrease of -12.2% looks unattractive. Janney Montgomery Scott LLC now owns 19,573 shares of the specialty pharmaceutical company's stock valued at $216,000 after buying an additional 848 shares during the last quarter.


Credit Suisse Group AG Reiterates €125.00 Price Target for Merck KGaA (MRK)

Credit Suisse Group AG Reiterates €125.00 Price Target for Merck KGaA (MRK)

Bryan Garnier analysts stated on 13/01/2017 that they launched coverage on this stock with Buy rating. Over the last 52 weeks Merck Co. Several other brokerages have also recently issued reports on MRK. Stock is now moving with a positive distance from the 200 day simple moving average of approximately 3.58%, and has a solid year to date (YTD) performance of 9.4% which means the stock is constantly adding to its value from the previous fiscal year end price.