(MENAFN - AFP) Canada's Bombardier will cut 1,800 jobs, the troubled aviation giant announced Wednesday in a major reorganization.
"This marks another step in Bombardier's evolution," said Pierre Beaudoin, the company's president and chief executive officer, who said the overhaul, to be completed by January 1 of next year, would reduce costs and overhead.
(MENAFN - AFP) South Africa's government plans to extend AIDS tests to the country's entire population and speed up antiretroviral treatment of those who test positive for the virus, the health minister said Wednesday.
"We come from very far in the past five years," Aaron Motsoaledi told parliament.
"But a lot still needs to be done," the minister said while presenting ...
(MENAFN - AFP) A medical journal raised concerns Wednesday about a blood-thinning drug widely used by people at risk of stroke, accusing its manufacturer of concealing safety data and regulators of laxness.
A key selling point of the drug known as Dabigatran or Pradaxa was that it required no blood-level monitoring, as does competitor warfarin.
(MENAFN - AFP) Chinese President Xi Jinping wrapped up a nine-day Latin American tour in Cuba on Wednesday, heading home with dozens of deals underlining Beijing's growing interest - and influence - in the region.
Xi kicked off his trip at a summit of the BRICS emerging powers in Brazil, then traveled to Argentina, Venezuela and Cuba - three countries that have often been ...
(MENAFN - AFP) Shrugging off the threat of additional Western economic sanctions, Russian officials indicated on Wednesday that the 2014 growth forecast is likely to be doubled.
"We are moving at a level of about one percent annual growth in GDP ... and are likely to stay there until the end of the year" senior Kremlin advisor Andrei Belousov was quoted as saying by Russian ...
(MENAFN - AFP) Facebook on Wednesday reported that is quarterly profit more than doubled amid big gains in ad revenues and a jump in users.
Net income leapt to $791 million during the three months ended June 30 in a 138 percent increase from the $333 million made during the same period a year earlier, the world's biggest social network said.