Natura emerges as the unlikely winner in the bid to buy the British high street stalwart.
Softbank shares jump 7% in Tokyo following the announcement of the deal.
The job cuts are part of restructuring drive that got underway at the bank in 2015.
But TUI says it plans to look for another partner for a tie-up.
Regional airline hit by overcapacity problems and costs related to a major IT upgrade.
Veneto Banca and Banca Popolare di Vicenza need €6.4bn in capital to stay afloat.
The fashion group hails a "very encouraging" start to the first three months of its year.
The Cambridge-based firm entered into an agreement with Grunenthal for the sale of Zomig, amounting to $302m.
United were worth $3.69bn at the end of the 2015/16 season, a 11% improvement on the previous year.
The European Central Bank said Banco Popular would be "unable to pay its debts" as the fell due.
Taxi-app firm also sends staff on training and counselling courses to counter claims of unprofessional culture.
Premji is chairman of Wipro, one of India's largest IT services firms.
The move means disgraced bank boss Fred Goodwin will not give evidence in court on the lender's near collapse.
The telecoms giant said it "will not tolerate" being associated with such abusive content.
Foreign companies completed 127 M&A deals in Britain in the first three months of the year.
Details of the collection remains under warps, but it is set to launch later this year.
The online grocery store has announced a deal with the retailer for use of its Smart Platform technology.
Saudi Arabia, UAE, Egypt and Bahrain sever ties with Qatar amid claims Doha supports terrorism.
Financial Reporting Council says there is 'not a realistic prospect' of finding PwC guilty of misconduct.
Major US carriers have all experienced significant IT-related issues over the last four years.
But in a concessionary move building firm Mears adds goatees 'may be acceptable'.
Internal investigation to focus on human error as power unit is thought to have worked as normal.
The gigantic 227,000kg Stratolaunch is set for its first launch demonstration in 2019.
Macron wants to liberalise rigid labour laws to give firms freedom to negotiate pay and conditions.
European Commission blocking £10.5bn sale of O2 has set the region's biggest operators back on their heels.
The transport group's revenues and operating profits surged, while underlying profit growth was tepid.
Insurance premium tax rises from 10% to 12%, but just two years ago the tax was only 6% of the cost of a premium.
The move, which is part of a strategic review, would see the bank sell most of its stake in Barclays Africa Group.
In the digital age, the road ahead should be all about building an ecosystem of services that can help consumers and enterprises alike.
Examining the billionaire investor and business magnate's journey on Wall Street and his net worth following recent setbacks.