Wall Street banks predict biggest China rate cuts in a decade
CHINA’S central bank will deliver the biggest interest-rate cuts in a decade next year as policymakers intensify efforts to shore ...
Tag: Cuts
Airbus cuts 2,000 Defence and Space jobs, taming earlier plans
AIRBUS announced just over 2,000 job cuts in Defence and Space, or about 5 per cent of its second-largest division, ...
DBS sees risk assets in ‘sweet spot’ as inflation moderates and rate cuts loom
THE current economic environment is in a “sweet spot” for risk assets, said DBS senior investment strategist Daryl Ho, citing ...
Cargill begins job cuts in drive to reduce headcount by 5%
GLOBAL commodities trader Cargill began laying off employees across its vast operations on Tuesday (Dec 3) in a drive to ...
UBS cuts four loan bankers in Singapore, Hong Kong as deal flow slows
UBS Group cut four loan syndication bankers in Asia, according to people familiar with the matter, as elevated funding costs ...
US Fed minutes show officials prefer future rate cuts to be gradual
US FEDERAL Reserve officials indicated broad support for a careful approach to future interest-rate cuts as the economy remains solid ...
Manchester United posts smaller Q1 loss on cost cuts
Adjusted net loss was £349,000 (S$591,428) for the three months ended Sept 30, compared with a loss of £8.6 million ...
Nissan falls on report of further production cuts, tariff threat
NISSAN Motor shares fell on Tuesday (Nov 26) after reports the struggling automaker plans to cut production in the US, ...
Chinese broker Futu cuts 5% of staff as global expansion slows
CHINA’S online brokerage Futu Holdings is reducing its headcount by about 5 per cent as it reassesses the firm’s strategy ...
Unilever nearly halves expected European job cuts
This is done through savings projects from 2022 to 2024 and not hiring externallyUnilever is cutting about 1,500 fewer jobs ...
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