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E.ON to cut administrative jobs in savings drive: CEO in paper
FRANKFURT German utility E.ON (EONGn.DE) plans to cut administrative jobs as part of efforts to reduce costs by 400 million euros (340.78 million pounds), Chief Executive Johannes Teyssen told newspaper Rheinische Post."Based on previous experience, 50 percent of savings in such efficiency programs come from personnel costs and 50 percent
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Ant Financial says it is committed to merger with MoneyGram
Ant Financial Services Group, the financial services affiliate of China's Alibaba Group Holding Ltd (BABA.N), said on Tuesday it remained committed to the consummation of its merger with U.S. money-transfer company MoneyGram International Inc (MGI.O), after Euronet Worldwide Inc (EEFT.O)
Apple aims for more control, less cost as it accelerates in chip design
By Stephen Nellis | SAN FRANCISCO SAN FRANCISCO Apple Inc's decision to stop licensing graphics chips from Imagination Technologies Group Plc
Japan Inc could claim edge in overseas deals as China faces restraints
By Thomas Wilson and Saeed Azhar | TOKYO/SINGAPORE TOKYO/SINGAPORE Japan Inc may become a more important force in dealmaking next year
