|
Rolls-Royce
to lay off 1,100 in UK
London: Aero-engine maker Rolls-Royce said on Tuesday
it would cut 1,100 jobs in Britain over three years from
2004 as part of a plan to invest in state-of-the-art manufacturing
facilities at three plants in the country.
Back
to News Review index page
China
IT services industry to grow 18%: Gartner
Singapore: China's budding information-technology
services market could reach US$4.9 billion in 2003, up
18.9 per cent from 2002, making it the world's second-fastest
growing country for IT services, research firm Gartner
Dataquest said on Tuesday.
Back
to News Review index page
Economists
trim U.S. growth forecasts - Fed survey
Washington: Private-sector economists have cut their
U.S. growth forecasts for this quarter and trimmed them
for the whole of 2003, after a recent slowdown in growth,
a Federal Reserve Bank of Philadelphia survey said on
Monday.
Back
to News Review index page
Qwest
Execs to Face Indictment -Sources
New York: Several middle-level managers at Qwest Communications
International Inc. are expected to be indicted as early
as Tuesday for their role in the local telephone company's
accounting problems, sources familiar with the situation
said on Monday.
Back
to News Review index page
Dell
opposes parts of SEC buyback rule - letter
New York: Dell Computer Corp. opposes parts of the
Securities and Exchange Commission's proposed rule on
corporate share purchases, according to a letter disclosed
by the SEC on Monday.
Back
to News Review index page
WorldCom
says nearly finished cutting 5,000 jobs
Washington: WorldCom Inc. will finish firing 5,000
employees this month in its effort to cut $2.5 billion
in annual costs and emerge from bankruptcy, company Chairman
and Chief Executive Officer Michael Capellas said on Monday.
Back
to News Review index page
'Lovegate'
computer worm spread slowing - expert
San Francisco: An Internet e-mail worm that leaves
a back door on infected systems for possible future attacks
spread quickly through Asia and Europe on Monday but slowed
down as U.S. companies updated their anti-virus software,
a computer security researcher said.
Back
to News Review index page
|
