COMPANIES

Job losses represent around 30% of the embattled firm's workforce.

Tesco has cut its full-year profit forecast to £2.4bn from £2.8bn and slashed its dividend by 75%.

Decision comes as major blow for Telecom Italia, which offered €7bn for GVT.

Companies look to gain from high-growth e-commerce market in China, dominated by Alibaba.

Russian lender looking to cash in on popular superstition and boost mortgage business.

TV star says having aspiration is vital for students to pursue science subjects.

Chris Whitehouse says employers need to take a chance on the next generation.

Carmichael coal project in Queensland is already four years behind schedule.

GSK is developing the vaccine with the Vaccine Research Centre of America's National Institutes of Health.

HEG Technology said no children working in its Huizhou factory.

Telefonica increased its offer for GVT to €7.5bn, after Telecom Italia offered €7bn in cash and stock.

The Prime Minister pledge to slash net migration to less than 100,000 by 2015.

Russia to sell 19.5% of world's top oil producer by output.

Milburn says top jobs remain disproportionately held by people from a narrow range of backgrounds.

Bank of America said RBI will cut repo rate by 75-100 BPS from early 2015.

Satya Nadella is visiting China in late September, Reuters reported.

Comes amid accusations that Bulgaria and Romania immigrants have been abusing the welfare system.

Anglo-Dutch oil major advancing with plans to dispose of $5bn worth of oilfields in Nigeria.

FBU wants urgent meeting with Penny Mordaunt MP to discuss her plans.

Sanitary-ware maker Toto opened a plant in Gujarat, spending $58m.

BNY Mellon's permission to operate in Argentina is revoked, after suit by four hedge funds.

Manezh Square McDonald's ordered to close for 90 days for violating sanitary rules

Europe's top budget airline is seeking to increase its Mediterranean presence.

Hydrogen Group says Generation Y are highly motivated and ambitious,

Foxtons will also pay out £12.8m to shareholders in dividends

The CIPR is launching a range of initiatives to boost gender diversity.

Air India is celebrating 'Air India Day' on 27 August, and is offering tickets for as low as 100 rupees.

Credit broking websites match consumers with the best available loans and interest rates for a fee.

Korea Financial Industry Union, representing 37 financial firms, is organising the strike on 3 September.