No. 1 Story
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.
read moreIBM selling up to $85 mln in Lenovo shares
Peter Dinham
Tuesday, 08 May 2007 17:20
HONG KONG (Reuters) - U.S. computer firm IBM (IBM.N: Quote, Profile, Research on Tuesday was further shedding its stake in number-three global PC maker Lenovo Group Ltd. (0992.HK: Quote, Profile, Research, selling up to $85 million worth of shares at a discount of 4-6.7 percent to the stock's Tuesday close, according to a term sheet.
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