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Air France-KLM said Wednesday it cut its losses in the first quarter of 2016 but passenger traffic to Paris was affected by terror attacks.

• 04 мая 2016, 14:15

Qatar's state-funded broadcaster Al-Jazeera announced a fresh round of job cuts with around 500 positions being lost.

• 28 марта 2016, 14:45

Kazakhstan Labor Inspection has prohibited ArcelorMittal Temirtau to cut wages and the company plans to file a protest.

• 14 августа 2015, 19:36

ArcelorMittal Temirtau, a steel giant in Kazakhstan, is cutting wages of all its employees by 25 percent starting from August 1.

• 31 июля 2015, 17:32

As part of state-wide austerity measures, Kazakhstan cuts expenditures of its ministries.

• 01 апреля 2015, 02:35

Kazakhstan’s Ministry of Foreign Affairs is cutting its spendings on costly trips abroad amid the current global economic crisis.

• 20 марта 2015, 22:27

ArcelorMittal Temirtau Director General has asked the company's personnel to understand the difficult financial situation and take the 25% wage cuts.

• 09 февраля 2015, 01:06

Ukraine said it had struck a gas deliveries deal with Norway's energy giant Statoil aimed at helping it avert the consequences of a cut in Russian supplies.

• 04 октября 2014, 11:32

Panasonic is set to cut its chip division workforce in half, axing thousands of jobs as the electronics giant overhauls its battered balance sheet after record losses.

• 24 октября 2013, 18:00

The US military has fewer ships to send as reinforcements in a crisis because of budget cuts that have slashed funds for maintenance and training.

• 21 июля 2013, 11:23

Russian officials reacted coldly to the call by President Barack Obama to jointly reduce nuclear weapons stockpiles by a third.

• 20 июня 2013, 17:54

Kazakhmys Corporation has axed salaries of its administrative personnel by almost one third.

• 08 мая 2013, 14:52

Portuguese Prime Minister Pedro Passos Coelho called for severe cuts in public spending after a court rejected a number of austerity measures.

• 08 апреля 2013, 11:18

The developing world's rapid growth has sharply cut extreme poverty, created a new middle class and put the economies of Brazil, China and India on a path to overtake the globe's wealthiest nations.

• 16 марта 2013, 10:22

Gains in life expectancy across Europe could be reversed if cash-strapped governments cut health budgets.

• 13 марта 2013, 14:54

An $85 billion dollar austerity time bomb was to detonate against the US economy Friday, as President Barack Obama blamed a Republican refusal to compromise for a failure to avert "dumb" spending cuts.

• 02 марта 2013, 11:55

With the United States days away from billions of dollars in automatic spending cuts, anti-poverty campaigners fear that reductions in foreign aid could potentially lead to thousands of deaths.

• 27 февраля 2013, 14:47

Barack Obama may have the upper hand against Republicans in a high-risk new spending showdown, but a drawn-out clash would likely damage the economy and put his presidential legacy on the line.

• 26 февраля 2013, 10:01

For the first time since the mid-1990s, sales of the 100 biggest arms dealers excluding China declined in 2011 as the economic crisis prompted budget cuts.

• 18 февраля 2013, 12:03

US President Barack Obama will use his State of the Union address on Tuesday to call for dramatic cuts in nuclear arsenals around the world.

• 11 февраля 2013, 11:07