Thursday, July 30, 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:
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Deutsche chief battles rising costs and prepares review (17 mins ago)
Oil price downturn forces Shell to shed 6,500 staff and cut capex (23 mins ago)
Hang Seng closes lower (39 mins ago)
Singapore wealth fund predicts lower returns long-term (2 hrs 59 mins ago)
Royal Bank of Scotland earnings rise (07-30 15:05)
Nikkei closes higher (07-30 15:00)
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Fujitsu books heavy quarterly loss (07-30 13:12)
US stocks rise after Fed statement (07-30 12:19)

More breaking news >>

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