Tuesday, October 21, 2014   

Barclays to cut up to 12,000 jobs
(02-11 18:26)

British bank, Barclays, says it plans to cut between 10,000 and 12,000 jobs this year, including 7,000 in Britain. The cuts came as the bank said it had increased staff bonuses by ten percent last year despite an annual profit fall. Its Chief Executive Antony Jenkins, who has waived his own annual bonus, said that the rises were necessary to maintain the bank's competitiveness. --RTHK   
Other Business breaking news:
Hong Kong's consumer prices rose in September (7 mins ago)
Nikkei ends lower (2 hrs 32 mins ago)
Hang Seng edges up (2 hrs 33 mins ago)
Hang Seng down by lunch (10-21 12:25)
Amazon, Simon & Schuster sign book retail deal (10-21 12:09)
Japan air bag maker Takata plunges on US recall (10-21 12:08)
China economic growth falls to five-year low: govt (10-21 11:40)
Profit taking sends Nikkei lower by break (10-21 10:57)
Qatar to buy stake in Sogo's operator (10-20 13:03)
Hang Seng up at midday (10-20 12:37)

More breaking news >>

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