The logo of French banking group Societe Generale. Picture: AFP Societe Generale said Tuesday that it is launching two restructuring projects that could lead to up to 1600 jobs being cut from its global operations. The French bank said it plans to revamp its global banking and investor solutions businesses, and modify the organisational structure…
State-Owned Enterprises Minister Rini Soemarno has said the ministry is considering integrating flag carrier Garuda Indonesia and two airport operators PT Angkasa Pura I (AP I) and PT Angkasa Pura II (AP II) into an aviation holding company. We are studying the possibility of establishing a holding company, said Rini recently as quoted by tribunnews.com,…
Napoleon Perdis creditors have approved a $1.6 million proposal to save the business which will see its 28 stores remain open and more than 250 staff keep their jobs. The cosmetics retailer, which fell into administration in January, will be purchased by KUBA investments, run by cross-border retail investor Livia Wang and her business partner…
Australias happiest profession are sports and recreation, while government and defence are the least happy, according to SEEK. The head of a recruitment company says businesses undervalue happiness. Positive business conditions ahead for Australias unhappiest profession New data from SEEK has found CEOs in Australia rate among the happiest workers in Australia, while Australias unhappiest…
Business software company SAP said Robert Enslin, the head of its cloud business group, has resigned.Robert Enslin joined SAP in 1992 and served on its board since 2014. IT industry analysts considered Robert Enslin as a potential successor to SAP CEO Bill McDermott. SAP reported Cloud & Software revenue of 20.622 billion in 2018 against…
BERLIN (Reuters) – Software company SAP said the head of its cloud business group had quit, the latest in a string of top departures as Europes most valuable technology company reshapes its operations. FILE PHOTO: SAP logo at SAP headquarters in Walldorf, Germany, January 24, 2017. REUTERS/Ralph Orlowski Robert Enslin, who joined SAP in 1992…
Sports Direct offered to give Debenhams a 150m cash injection over the weekend as Mike Ashley made a last-ditch attempt to take control of the embattled retailer and prevent it from entering a pre-pack administration. On Friday night the retail tycoon sent a letter to the board of Debenhams offering to underwrite 150m of new…
BERLIN (Reuters) – Software company SAP said the head of its cloud business group had quit, the latest in a string of top departures as Europes most valuable technology company reshapes its operations. FILE PHOTO: SAP logo at SAP headquarters in Walldorf, Germany, January 24, 2017. REUTERS/Ralph Orlowski Robert Enslin, who joined SAP in 1992…
WASHINGTON–(BUSINESS WIRE)–Apr 5, 2019–The National Energy Marketers Association (NEM) will convene its 22nd Annual National Energy Restructuring Conference on April 10-12, 2019, at the Hyatt Regency Capitol Hill Hotel in Washington, DC. Participants will include federal and state energy policy officials as well as energy and technology industry leaders. Topics of discussion will include: 2019…
Farmers harvest sugarcane in the southern province of Sc Trng. VNA/VNS Photo Trung Hiu H NI The domestic sugar industry should restructure all stages of its production process towards diversifying products to improve competitiveness, according to the Ministry of Agriculture and Rural Development. At a meeting between the ministry and the…