Wednesday, September 17, 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:
German investor optimism down on concerns of Ukraine, Scotland (09-16 18:22)
UK inflation slows in August (09-16 17:28)
Japan, China, SKorea finance chiefs to hold talks this week (09-16 17:00)
Hang Seng ends lower in shortened trade (09-16 16:19)
European stocks markets down at open (09-16 15:27)
Nikkei ends lower (09-16 14:26)
China's overseas investment soars as FDI drops again (09-16 11:46)
Tools available to remove U2 album from iTunes (09-16 10:57)
Nikkei down by break (09-16 10:49)
Bank of China to clear yuan transactions in Paris (09-15 18:28)

More breaking news >>

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