Wednesday, July 1, 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:
(Greece crisis) Athens floats new two-year bailout (06-30 22:04)
US stocks open higher (06-30 21:48)
China pension fund won’t take high risks in equity bets (06-30 21:43)
(Greece crisis) Pensioners draw a blank (06-30 21:30)
(Greece crisis) Turkey extends a hand to Athens (06-30 20:17)
(Greece crisis) Leftists open to considering deal (06-30 19:54)
(Greece crisis) New deal from creditors before Athens referendum (06-30 19:48)
(Greece crisis) Spain PM Rajoy wants Greek leftists out (06-30 18:00)
(Greece crisis) Italy PM Renzi sees no danger (06-30 17:57)
Eurozone jobless ranks steady, inflation eases (06-30 17:39)

More breaking news >>

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