Tuesday, January 27, 2015   

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:
Spain growth could hit 2.5 % in 2015: minister (01-26 18:27)
German business confidence hits six-month high in January: Ifo (01-26 17:11)
Greek stocks open down 2 percent after Syriza victory (01-26 16:52)
European stocks open lower on Greek election result (01-26 16:34)
Hang Seng ends higher (01-26 16:33)
IBM denies layoff rumors (01-26 16:14)
Nikkei dips at close (01-26 14:14)
Hang Seng dips by break (01-26 12:37)
Nikkei down by midday (01-26 11:45)
Japan trade deficit swells to record in 2014 (01-26 11:44)

More breaking news >>

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