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  • SEOUL, Jan 24- General Motors is seeking to cut shifts by half at one of its South Korean factories as it realigns global manufacturing in a move that could affect about 1,100 jobs, a source with direct knowledge of the matter told Reuters on Friday.

  • NEW YORK, Jan 23- Sprint Corp said on Thursday it would report a fourth-quarter charge of $165 million for severance and related items as a result of job cuts it is making across the company to reduce costs.

  • DUBAI, Jan 23- Financial services conglomerate Dubai Group has reached a final deal with creditors on restructuring $10 billion of debt, resolving the last major hangover from the emirate's financial crisis, its parent company confirmed on Thursday.

  • Dubai confirms final deal on $10 bln debt restructuring Thursday, 23 Jan 2014 | 1:15 PM ET

    DUBAI, Jan 23- Financial services conglomerate Dubai Group has reached a final deal with creditors on restructuring $10 billion of debt, resolving the last major hangover from the emirate's financial crisis, its parent company confirmed on Thursday.

  • HELSINKI, Jan 23- Nokia reported a 22 percent fall in sales at its core NSN network equipment division on Thursday, highlighting the problems facing management once it completes the sale of its former flagship phones business to Microsoft for 5.4 billion euros.

  • *Murray Goulburn sells 18 pct stake to Canada's Saputo. SYDNEY, Jan 23- Australia's Murray Goulburn Co-operative Co Ltd agreed to sell its 17.7 percent stake in Warrnambool Cheese and Butter Factory Co Holdings Ltd to rival bidder Saputo Inc, finally bowing out of the hotly contested bidding battle.

  • *Murray Goulburn sells 18 pct stake to Canada's Saputo. SYDNEY, Jan 23- Australia's Murray Goulburn Co-operative Co Ltd agreed to sell its 17.7 percent stake in Warrnambool Cheese and Butter Factory Co Holdings Ltd to rival bidder Saputo Inc, finally bowing out of the hotly contested bidding battle.

  • UPDATE 2-Texas Instruments to cut 1,100 jobs worldwide Tuesday, 21 Jan 2014 | 5:44 PM ET

    SAN FRANCISCO, Jan 21- Texas Instruments Inc plans to cut 1,100 jobs in the United States, Japan and India, or about 3 percent of its global workforce, in a corporate restructuring to save $130 million by the end of 2014..

  • Texas Instruments to cut 1,100 jobs Tuesday, 21 Jan 2014 | 5:25 PM ET

    Texas Instruments plans to cut 1,100 jobs worldwide as part of a corporate restructuring intended to help it save $130 million by the end of 2014.

  • UPDATE 1-Texas Instruments to cut 1,100 jobs Tuesday, 21 Jan 2014 | 5:06 PM ET

    SAN FRANCISCO, Jan 21- Texas Instruments Inc plans to cut 1,100 jobs worldwide as part of a corporate restructuring intended to help it save $130 million by the end of 2014..

  • TORONTO, Jan 21- Canada's Bombardier Inc said on Tuesday it will cut 1,700 aerospace jobs, or more than 4 percent of the unit's staff, as it pushes to preserve cash after costly setbacks in the development of two new jets.

  • TORONTO, Jan 21- Bombardier Inc, the Canadian plane and train maker, said on Tuesday it plans to lay off 1,700 employees from its aerospace division, primarily in the Montreal area.

  • JERUSALEM, Jan 21- A deal that would cut Israeli shipping company Zim's debt by at least half will likely be signed by the end of this week, two sources close to the negotiations said on Tuesday. Following the latest restructuring and write-off, Zim's debt will fall to $1- $1.5 billion.

  • JOHANNESBURG, Jan 21- South African food company Tiger Brands has agreed to buy a Kenyan milling and confectionery firm for $25 million, the Business Day newspaper reported on Tuesday, citing a company executive. A spokesman for Tiger Brands was not immediately able to comment.

  • SAN FRANCISCO, Jan 17- Intel Corp plans to reduce its global workforce of 107,000 by about 5 percent this year as the chipmaker, struggling with falling personal-computer sales, shifts focus to faster-growing areas, a company spokesman said on Friday.

  • Jan 17- Specialty chemicals maker Freedom Industries Inc filed for Chapter 11 bankruptcy protection on Friday, eight days after a leak from one of its storage tanks contaminated drinking water for hundreds of thousands of West Virginia residents.

  • *Intel struggles to break through in mobile. SAN FRANCISCO, Jan 17- Intel Corp plans to reduce its global workforce of 107,000 by about 5 percent this year as the chipmaker, struggling with falling personal-computer sales, shifts focus to faster-growing areas, a company spokesman said on Friday.

  • SAO PAULO, Jan 17- Brazil's state-run oil company PetrĂ³leo Brasileiro SA, known as Petrobras, has launched a voluntary layoff plan that could involve about 10 percent of its employees, the workers' union said on Friday.

  • Jan 17- Specialty chemicals maker Freedom Industries Inc filed for Chapter 11 bankruptcy on Friday, eight days after a leak from one of the company's storage tanks contaminated drinking water for hundreds of thousands of West Virginia residents.

  • The company estimated it had up to $10 million in both assets and liabilities, according to a filing with the U.S. Bankruptcy Court in Charleston, West Virginia.

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