|
|
|
The company said its 2009 revenue would be in line with 2008 Telecom Italia, burdened with a 37bn-euro ($44bn, £29bn) debt, has said it will cut an extra 4,000 jobs and sell non-strategic assets worth 3bn euros. The company...
LONDON (AFP) - A new round of job cuts in Italy and Spain, plunging German auto sales and a eurozone report described as & quot;horrible & quot; pointed on Wednesday to further interest rate cuts in Europe, analysts said.
LONDON (AFP) - The foundering US auto sector faced brighter prospects for a government rescue on Wednesday, lifting investor spirits in Asia despite a warning from China it had lost confidence in western finance institutions.
Dec 3 (Reuters) - Debt-laden Telecom Italia, Europe's fifth-biggest telecoms provider, will shed assets worth nearly $4 billion and cut another 5 percent of its workforce in a bid to slash borrowings and costs amid a weak...
