HP announces 9,000 job cuts due to investment in automation

HP announces job cuts as part of its plan to invest $1 billion to fully automate and standardize its commercial data centers.

Semiconductors

Argentine Bigwig Eurnekian to Buy Stake in Brazilian Semiconductor Plant

Argentine entrepreneur and billionaire Eduardo Eurnekian is currently in talks with Eike Batista, an eminent Brazilian industrialist, regarding the purchase of a stake from one of his semiconductor plants.

Reliance Industries KG-D6's floating production storage and offloading (FPSO) vessel is seen off the Bay of Bengal in this undated handout photo.

Reliance Industries Eyes Oil Project in Venezuela

Reliance Industries(RELI.NS) is considering taking an 11 percent stake in one of Venezuela's biggest petroleum projects, the energy major said on Tuesday, ...

US dollar bills

Australian Dollar Outlook - 14 January 2014

Bell FX Currency Outlook: Overnight the Australian Dollar has held onto recent gains above USD0.9000 in quiet trade.

HSBC

HSBC Starts Coverage of Britannia with 'overweight'

HSBC initiates coverage of Britannia Industries Ltd (BRIT.NS) with an "overweight" rating and a price target of 1,100 rupees, citing the company'...