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2012-04-04
Yahoo said Wednesday that it will eliminate 2,000 employees, around 14% of its workforce, as new CEO Scott Thompson begins radically streamlining the company.

2012-04-03
The number of Spanish jobseekers rose for the eighth month in a row in March to hit a record 4.75 million.The Labour Ministry said the number of people filing for unemployment benefits rose by 38,769 with the services sector seeing the most jobs lost.

2012-04-03
James Murdoch, the son of media magnate Rupert Murdoch, is expected to step down as the chairman of BSkyB on Tuesday, a longtime institutional investor in the British satellite broadcaster told CNN.

2012-04-02
Unemployment across countries that use the euro edged higher in February to 10.8%. That's up from 10.7% in January and the highest level since the introduction of the single currency in 1999. Spain has the highest rate of 23.6%.

2012-04-01
Yahoo Inc will begin layoffs of thousands of employees next week and will announce a plan to restructure the company the week after that, according to a media report.

2012-03-31
A data breach at a payments processing firm has potentially compromised credit and debit card information from all of the major card brands.

2012-03-30
Spain's new conservative government announced 27 billion euros ($35 billion) in cuts from the budget this year to reduce the deficit in the midst of the nation's prolonged economic crisis.

2012-03-30
A heavily anticipated report on working conditions at Apple supplier Foxconn documents dozens of major labor-rights violations, including excessive overtime, unpaid wages and salaries that aren't enough to cover basic living expenses.

2012-03-29
Why was the euro created? The euro, which created the world's largest trading power, was designed to link together the European nations for trade and political purposes. It was born amid political and economic upheaval as Germany headed towards reunification with the collapse of the Berlin Wall in 1989 and communism disintegrated in Eastern Europe.

2012-03-26
The UK government is in talks to sell a significant stake in the Royal Bank of Scotland (RBS) to Abu Dhabi, the BBC has learned. The government, which controls 82% of RBS, has for months been negotiating with Abu Dhabi sovereign wealth funds.

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