Barclays cuts jobs in energy transition team it only just built
NOT even one of Barclays’ most prominent dealmaking pushes is being spared in the bank’s cost-cutting drive. Six people are ...
Tag: Cuts
Europe’s rush for rate cuts shifts global market power away from US
THE Bank of England (BOE) has sent a new signal that borrowing costs will fall earlier and further across Europe ...
China’s push for greener aluminium hit by erratic rains, power cuts
ERRATIC rainfall in China’s southwest is frustrating a multibillion US dollar push to green an aluminium industry that accounts for ...
US: Stocks rise on hopes of interest rate cuts
WALL Street stocks climbed on Thursday as economic data raised hopes that the US central bank is on track for interest rate ...
PwC cuts 60 Canadian jobs, bracing for economic slowdown
PricewaterhouseCoopers, the global accounting firm, eliminated 60 jobs in Canada as the company braces for the fallout from the nation’s ...
London’s FTSE 100 hits new high after BOE signals rate cuts
Britain’s FTSE 100 scaled a record high on Thursday (May 9) after the Bank of England kept interest rates unchanged, ...
Tesla ramps up job cuts in China as sales slowdown bites
Tesla’S job cuts are escalating in China, according to people familiar with the matter, as Elon Musk contends with growing ...
Asia: Markets mixed as traders eye rate cuts
ASIAN traders fought to get a recent rally back on course on Thursday following a tepid lead from Wall Street ...
Swedish central bank lowers key rate, sees two more cuts this year
Sweden’s central bank cut its key interest rate to 3.75 per cent from 4.00 per cent on Wednesday (May 8) ...
Google updates US$499 low-end Pixel phone, cuts tablet price
ALPHABET’S Google rolled out a new version of its US$499 lower-end Pixel smartphone, aiming to entice budget-minded shoppers with an ...
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