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Lufthansa plans to cut admin jobs by 20%
GERMAN flag carrier Lufthansa is looking to gradually reduce jobs in administration by 20 per cent as it steels itself against a projected drop in earnings, the Manager Magazin...
UK’s Direct Line plans to cut 550 jobs, posts fall in gross premiums
DIRECT Line Insurance Group unveiled plans on Monday (Nov 11) to cut 550 roles, or about 5 per cent of its global workforce, and reported a fall in gross...
UK’s Direct Line to cut 550 jobs amid motor insurance woes
DIRECT Line Insurance Group plans to cut 550 roles or about 5 per cent of its global workforce, the British insurer said on Monday (Nov 11), as its underperforming...
Booking.com could cut jobs as part of reorganisation plan
ONLINE travel agency Booking.com could cut jobs as part of a review of its organisational structure, it said on Saturday (Nov 9).The company, a unit of Booking Holdings, said...
US: Wall St opens flat as rally from Trump win, rate cut cools
WALL Street opened on a muted note on Friday (Nov 8), as a rally powered by a sweeping Trump win and an expected interest-rate cut paused, with the main...
US Fed’s rate cut brings ‘relief’ to Asian markets, but long-term uncertainty under Trump remains
Observers expect volatility in the markets until there is greater clarity on Trump’s policiesTHE latest rate cut by the US Federal Reserve is expected to bring “some relief” to...
Fed’s rate cut brings ‘relief’ to Asian markets with STI hitting 17-year high, but long-term uncertainty under Trump remains
Observers expect volatility in the markets until there is greater clarity on the new president’s policiesTHE latest rate cut by the US Federal Reserve is expected to bring “some...
Gold extends gains on Fed rate cut, but heads for weekly fall
GOLD prices inched higher on Friday (Nov 8), extending gains spurred by the US Federal Reserve’s widely anticipated quarter-point rate cut amid a cooling labour market and solid economic...
