PARIS - FRENCH investment bank Natixis, severely hit by the global banking crisis, is to slash jobs at its Tokyo branch from around 100 to 15, a bank spokesman said on Saturday.
LONDO - THE end for Woolworths, a century-old British retail institution, will move a step closer on Saturday with the closure of a quarter of its stores.
BANGKOK - VEHICLE production in Thailand could fall as much as 35 per cent next year if the global economy continues to worsen, a leading auto institute said on Saturday.
KUALA LUMPUR - MALAYSIAN industrial gas provider Petronas Gas is expected to call bids for a 900 million ringgit (S$374.8 million) power plant project in Sabah on Borneo early next year, the Business Times reported on Saturday, citing an unidentified source.