Posts Tagged ‘restructuring’

Tata Group folds all food businesses into 1 unit

MUMBAI • Tata Global Beverages Ltd is acquiring all the food brands from Tata Chemicals Ltd, as India’s biggest conglomerate streamlines its corporate ...

Rare Singapore protest flags investor anger in Hyflux slump

SINGAPORE • A rare public protest in Singapore on Saturday underscored mounting anger among investors set to suffer sharp losses in one of the country’s ...

Tencent-backed Meituan’s losses balloon in duel with Alibaba

HONG KONG • Meituan Dianping is reaping the benefits of scale in its core food delivery division as it feels the pain of competition from arch-foe Alibaba ...

Noble Group rescue thrown into doubt

SINGAPORE • Noble Group Ltd is being investigated by three Singaporean agencies for “suspected false and misleading statements” and breaches of disclosure ...

Cathay plans job cuts overseas amid competition from China rivals

TOKYO • Cathay Pacific Airways Ltd offered a voluntary early retirement package to employees in Japan as part of a three-year restructuring effort to ...

Nestlé to cut 500 jobs in biggest Swiss restructuring plan

GENEVA • Nestlé SA plans to cut as many as 500 computer-service jobs in its home market of Switzerland as CEO Mark Schneider aims to boost profitability at ...