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Philips Halts Buyback, Slashes 6000 Jobs After Reporting Loss – Bloomberg

Sky News Philips Halts Buyback, Slashes 6000 Jobs After Reporting LossBloomberg –21 minutes ago26 (Bloomberg) — Royal Philips Electronics NV, Europe’s largest maker of consumer electronics, said it will eliminate 6000 jobs and halt its share buyback …Philips posts 1st quarterly loss in nearly 6 yearsInternational Herald TribunePhilips Electronics posts net …

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New Royal Mail chief to oversee sale – Financial Times

Telegraph.co.uk New Royal Mail chief to oversee saleFinancial Times, UK –3 hours agoBy Sylvia Pfeifer Donald Brydon, the chairman of engineering company Smiths Group, is poised to become the new chairman of Royal Mail. …Royal Mail lines up Brydon as chairmanTelegraph.co.ukRoyal Mail Wants Former TNS Chair for Top JobDaily Research News OnlineSmiths’ …

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