OAO Sberbank, under the leadership of CEO Herman Gref, had undergone layoffs as well as transitions to become one of the top banks in Europe, with interests in Eastern Europe and Turkey.
improvement
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In a survey conducted over UAE small and medium enterprises, over 80% would hire more employees in the next six months.
Iconic five star hotel The Savoy would be in danger of defaulting on its loan obligations should its business revenues do not improve.
Tata Steel had purchased expensive equipment to lower black dust emanation from its plants.
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