Articles by admin

HSBC Holdings Plc is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce costs across the banking group, the Financial Times reported on Sunday. HSBC could announce the beginning of the latest cost-cutting drive and job cuts when it reports third-quarter results later this month, the FT said, citing one person briefed on the matter. Flint’s exit was a result of differences of opinion with chairman Mark Tucker over topics including approaches to cutting expenses, a person familiar with the matter told Reuters in August. …read more […]

Here are the top stories for Sunday, October 6th: Second whistleblower comes forward in Trump investigation; Police search for two men in quadruple homicide; Astronauts hustle through first of five spacewalks; Thousands attend balloon festival. …read more […]

ReepPop organizes the biggest comic cons in the world. This is how the pop culture giant organizes NYCC. …read more […]

(Bloomberg) — HSBC Holdings Plc is embarking on a cost-cutting drive that threatens as many as 10,000 jobs, the Financial Times reported, citing two people briefed on the matter.The bank, one of several European lenders eliminating roles, is questioning why it has so many people in Europe when it has double-digit returns in parts of Asia, one of the people told the paper. The job cuts — on top of the 4,700 redundancies announced earlier — could be announced when HSBC reports its third-quarter results later this month, according to the FT. An HSBC spokesman declined to comment on the …read more […]

As if the recent drop in oil prices wasn’t bad enough, shale drillers are now facing the negative impact of credit re-determinations …read more […]

By trading oil using its own currency, ISIS planned to destabilize the US economy by forcibly decoupling the dollar from the oil business. …read more […]

HSBC could announce the beginning of the latest cost-cutting drive and job cuts when it reports third-quarter results later this month, the FT said, citing one person briefed on the matter. Flint’s exit was a result of differences of opinion with chairman Mark Tucker over topics including approaches to cutting expenses, a person familiar with the matter told Reuters in August. HSBC declined to comment. …read more […]

HSBC could announce the beginning of the latest cost-cutting drive and job cuts when it reports third-quarter results later this month, the FT said, citing one person briefed on the matter. Flint’s exit was a result of differences of opinion with chairman Mark Tucker over topics including approaches to cutting expenses, a person familiar with the matter told Reuters in August. HSBC declined to comment. …read more […]

The future of MBS may well be decided in the next couple of months, with Saudi relations with Washington looking very strained and geopolitical tensions rising in the region …read more […]

A pending U.S. lawsuit over claims related to Bayer’s glyphosate-based herbicide Roundup has been delayed, the company said on Sunday, with a new court date set for February, 2020. “The Oct. 15, 2019 trial date for Winston v. Monsanto in St. Louis City has been postponed,” Bayer said in a statement. The lawsuit is the latest of several to be delayed as mediator Ken Feinberg tries to negotiate a settlement between the company and U.S. plaintiffs after a California jury in August last year found that Monsanto should have warned of alleged cancer risks. …read more […]

Vodafone is testing innovative open access radio technology in Britain – a first for Europe – in a move that could break the grip Huawei, Ericsson and Nokia hold on the telco equipment market. OpenRAN, which has been developed by Vodafone and Intel, standardizes the design of hardware and software in the infrastructure, masts and antennae that make up the radio access network that carries mobile calls and data. Vodafone, the world’s second largest mobile operator, has trialled the technology in laboratories in South Africa and deployed it in Turkey to deliver 2G and 4G services to customers …read more […]