Citigroup slicing jobs
Citigroup Inc is about half-way through cutting 10 per cent of the 65,000 employees in its investment banking unit, a person familiar with the job cuts said Monday.The unit, as previously reported, plans to lay off about 6,500 workers in the division,...
Agri firm buys corn company
Agriculture heavyweight Bunge Limited is buying Corn Products International Inc in a US$4.4 billion stock deal combining two of the oldest United States agricultural businesses. Bunge will also assume US$414 million of Corn Products' debt under the deal...
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