Pepsi to cut 8,700 jobs worldwide
US drinks and snacks company moves to reduce costs by $3bn over three years to fund increased investment in its core brands
Credit Suisse suffers fourth-quarter loss
Tough markets, cautious clients and regulatory and capital requirements weigh on Swiss bank
Thomson Reuters reveals $3bn goodwill charge
Media and financial information group posts $2.59bn fourth-quarter loss, reflecting tumult at markets division that competes with Bloomberg
Rio Tinto takes $9bn hit on Alcan deal
Australian miner is forced to take a $9bn charge on the aluminium business it bought in 2007 for $44bn, saddling the group with large debts
KKR?s strong profits lead to record dividend
Private equity group will pay a record cash dividend to its shareholders for the fourth quarter, as greater transaction activity boosted profits
Vodafone hit by weakness in Italy and Spain
Growth in India and Turkey fails to offset continuing weakness due to Europe?s economic woes
BG to delay boost in US shale gas output
UK group scales back plans amid depressed prices, though it believes LNG will be more profitable in 2012 than expected
Rolls-Royce pledges to double revenues
UK engine maker issues bullish outlook for the decade as it unveils pre-tax profits up 21%
US banks reach $40bn housing deal
Under deal banks would improve mortgage procedures; reduce borrowers? loan balances; and pay about $4.2bn to estimated 750,000 homeowners
Brokers suspended in Libor inquiry
Almost a dozen staff in London and Asia have been fired or put on leave by their employers as a multinational probe


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