Tuesday, September 2, 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:
Hang Seng dips at midday (17 mins ago)
Nikkei soars by break (1 hr 21 mins ago)
Eurozone manufacturing slows in August (1 hr 42 mins ago)
Alipay, Huawei to promote mobile fingerprint payment (09-01 18:19)
Sony founder nephew to head PlayStation unit (09-01 17:27)
Microsoft demanded to explain over monopoly accusations (09-01 17:15)
German machine-tool orders stagnate in July (09-01 16:29)
Novartis Japan admits concealing drug side effects (09-01 16:28)
Heineken says selling Mexican packaging business (09-01 16:27)
European stocks mixed at open (09-01 16:16)

More breaking news >>

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