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HSBC to cut up to 10,000 jobs

Citing two people briefed on the matter, the Financial Times report added that HSBC could announce the move when it reports third-quarter results later this...

Markets Right Now: Stocks notch their first gain of the week

Another report, from Bloomberg , that the White House is looking at rolling out a previously agreed currency pact with China , also raised hopes of a partial ...

Jobs saved as Hays Travel buys 555 Thomas Cook stores

Hays Travel has already employed 597 members of Thomas Cook staff since the travel group went out of business last month. Melton Borough Council's deputy lead...

OECD tax reform could increase inequality

Silicon Valley firms would be forced to pay tax in any country where they "have significant consumer-facing activities and generate their profits" under plans ...

Fed’s Powell: Outlook ‘Favorable’, Measures to Address Liquidity Coming ‘Soon’

But don't call in quantitative easing, or QE. The Fed chief stressed that the growth of the Fed's balance sheet for reserve management purposes should not be ...

US dips in competitiveness index as Singapore takes top spot

Apart from having high-quality road infrastructure and efficient air and sea connectivity, Singapore also stood out in terms of its high life expectancy and lab...

IS militants hit US-backed Kurdish fighters in north Syria

Turkish forces, together with the rebel Free Syrian Army, will cross the Syrian border "shortly", President Tayyip Erdogan's communications director said early ...

United Kingdom punter wins €190 million EuroMillions jackpot

Tuesday National Lottery EuroMillions winning numbers were 07, 10, 15, 44, and 49, and the winning EuroMillions Lucky Star numbers were 03 and 12. Under j...

Brexit deal is essentially impossible ever, says Downing Street source

That's not Angela Merkel's fault. In Berlin, Ms Merkel's office said it would not comment "on such confidential discussions". The BBC's Brussels correspon...

Twitter used 2FA phone numbers for ad targeting

What's especially not cool, however, is when the data you handed over, like a phone number, is given for security purposes. Social networking site Twitter d...

Million Assault Rifles Destroyed by Dick's Sporting Goods, CEO Says

Dick's Sporting Goods stopped selling AR-15 (or what they like to refer to as "assault weapons") and "high capacity magazines" following the tragic shooting in...

No-deal Brexit would 'push United Kingdom debt to 50-year high'

The budget deficit is already set to exceed 50 billion pounds and that could easily double within a year if Britain crashes out of the European Union withou...

Samsung predicts profit decline as chip market swoons：The Asahi Shimbun

South Korea's biggest company is suffering from the slowdown in its core industry, though analysts say the demand will likely revive as next-generation network...

China's gold-buying spree tops 100 tons during trade war

The price is back above the psychological $1,500's and sights are set for higher levels as we head over to trade talk territories. The country's gold reserves...

Vaping linked to 19 deaths in the United States

The estimated national average for high school youth is 13 percent. "I think we really have the feeling right now that there may be a lot of different nasty t...

Hong Kong drops LSE takeover bid

HKEX, whose biggest shareholder is the Hong Kong government, said in a statement it still believed joining forces with the LSE was "strategically compelling and...

European Union demands United Kingdom face Brexit 'realism;' Johnson scrambles

Lord Pentland said: "Having regard to the Prime Minister's and the Government's unequivocal assurances before the court in the pleadings, in the note of argumen...

Thomas Cook customers face refund struggle Thomas Cook

All Thomas Cook customers who purchased package holidays are covered by the Air Travel Organiser's Licence scheme ( ATOL ), which entitles them to a refund on...

Court asked to consider Brexit delay letter to EU

With the clock ticking down to Britain's due departure on October 31, however, Johnson has consistently said he would not ask for a delay and that he would rath...

Unilever to halve use of new plastic as uproar over waste grows

Last month, Sainsbury's said selling milk and fizzy drinks in returnable glass bottles was an option as part of its plastic reduction drive, while Tesco w...

HSBC to cut up to 10,000 jobs in drive to slash costs

One unnamed source told the paper that "there's some very hard modelling going on". At the same time, it also announced the first round of 4,000 job cuts that w...

Union says talks with GM have ‘taken a turn for the worse’

Major issues in these talks include GM's use of temporary workers, as well as the union's demand that the company finds work for some or all of the four plants ...

GE freezes pensions for 20K, trimming up to $6B in debt

GE's stock has slumped since Larry Culp took the reins to become chief executive officer a year ago, underscoring the magnitude of the challenge he took on when...

China trade talks to resume, Trump seeks to strike deal

Mr. Kudlow's remarks come days before top US officials will welcome a senior Chinese delegation for another round of trade talks. Liu had told visiting guests...

Hundreds run, walk in breast cancer fight

She has been cancer-free for seven years. "I think it is a really important event for our team to come to because all of these people that showed up today are...

A duo for your dream garage: Aston Martin's R110m DBZ Collection

Aside from the gloss finish carbon fibre roof and rear diffuser, the most attention-grabbing detail on the vehicle are the Aston Martin badges made up of solid ...

Shares up on US jobs report, but caution seen on trade talks

A flurry of disappointing USA economic data last week suggested the ongoing trade war was starting to take its toll, stoking concerns of a possible recession....

Macron gives one-week Brexit deal deadline

London/Brussels . Boris Johnson will attempt to save his Brexit plan this week after his French counterpart warned that the European Union would decide within...

Drop Dead — Disney to Netflix

If they don't, Disney apps could be removed from Fire TV, the second-largest distributor of streaming TV apps. On the other hand, if you rely on the ABC ...

Net-Neutrality Appeal Upheld, But States Still Can Act

The appeals court pointed to that claim in ruling the agency lacks the authority to block states from putting in place their own rules. Walden said if any ind...

Tesla subject of new NHTSA probe over battery software update

The Model 3 sedan takes the cherry with 96,155 produced and 97,000 delivered, and the good news extends with a strong entry into the fourth quarter. The com...

HP Inc to cut about 7,000 to 9,000 jobs

In its statement , HP said it will be cutting about 7,000 to 9,000 jobs through a combination of retrenchment and voluntary early retirement. HP Australia wa...

Hy-Vee Beefs Up Security in Wake of Data Breach

Hy-Vee said in back in August that the malware hit "point-of-sale" devices at the company's gas stations, restaurants and drive-thru coffee shops. Hy-Vee said t...

Insurers crunched by FCA review of pricing, 4 Oct 2019 10:37

Shares in general insurers were lower heading into the weekend after the Financial Conduct Authority (FCA) published its interim report on pricing in the £2...

UAW talks stall as week 4 of strike approaches

The main reason, the source says, is because General Motors is refusing to make a commitment to bring back any product lines from Mexico. Striking workers hav...