BT to phase out 13K jobs to revive growth after scandal

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Source: Dukascopy Bank SA
The British Telecom group BT is set to cut 13K back-office and managerial job positions, moving to a smaller base in London in its efforts to revive from an accounting row and make the firm more efficient.
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Thu, 10 May 2018 11:53:27 GMT

Iraq to shut down airports, border crossings amid election

Iraq is planning to shut down its border crossings and airports for 24 hours on May 12 during the election, the first held in the country after it defeated the Islamic State militants.

Thu, 10 May 2018 11:35:01 GMT

Canada's Tire to acquire sportswear firm Helly Hansen

On Thursday, Canada's retailer Tire said it would acquire the Norway-based work-wear and sportswear brand Helly Hansen in a C$985M deal, including debt, seeking to add earnings.

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