Jaguar Land Rover to Cut 300 Jobs Amid Cost-Saving and Restructuring Efforts
Business & Markets • 2 months ago
The UK's largest carmaker is implementing job cuts as part of a broader £1.7 billion cost-saving initiative and ongoing transformation.
Business & Markets News
BP Puts North Sea Business Up for Sale, Ending 60 Years of Production
Business & Markets • 2 months ago
The oil giant is divesting its North Sea operations as part of a strategic review aimed at streamlining the company.
Sainsbury's Sells Argos to Swift Partners for £120 Million
Business & Markets • 2 months ago
The supermarket group aims to focus on its core food business with the sale of the general merchandise retailer.
Sainsbury's Sells Argos Business to Swift Partners for £120 Million
Business & Markets • 2 months ago
The supermarket group has agreed to sell its general merchandise retailer to a new firm backed by retail experts, aiming to refocus on its core food business.
Sainsbury's to Sell Argos for £120 Million to Focus on Food Business
Business & Markets • 2 months ago
The supermarket giant is divesting the home and general merchandise retailer to Swift Partners, a newly formed company led by former Co-operative Group boss Richard Pennycook.
BP to Exit North Sea After Six Decades of Production
Business & Markets • 2 months ago
The oil major is divesting its North Sea business as part of a portfolio streamlining effort.
Sony Profit Surges Amidst Game Demand, Quake Impact Under Review
Business & Markets • 2 months ago
The Japanese entertainment giant reported a 32% profit increase in its fiscal first quarter, while assessing potential disruptions from a recent earthquake in Kumamoto.
Amazon to Boost Technology Spending by $20 Billion After Strong Q2 Results
Business & Markets • 2 months ago
The company plans to increase capital expenditures primarily for artificial intelligence, semiconductors, and satellites.
Apple Surpasses Expectations With Strong Q3 Performance Fueled by iPhone Sales
Business & Markets • 2 months ago
The tech giant reported record June quarter revenue and earnings, driven by robust demand for iPhones and Macs, despite facing supply chain challenges.