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HP job cuts loom for Australian employees

A number of Australian employees of Hewlett-Packard are facing the loss of their jobs as the global computer giant looks to slash its worldwide workforce by up to 30,000.

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Mitsubishi Elec revises up earnings, shares jump

IT Industry - Market

TOKYO, March 26 (Reuters) - Mitsubishi Electric Corp. (6503.T: Quote, Profile, Research), Japan's fifth-largest electronics conglomerate, raised its annual operating profit forecast by 28 percent to above market expectations on Monday, helped by strong demand for factory automation equipment. 

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