Tesco , Britain’s biggest retailer, said it would cut around 4,500 jobs from its Metro stores in a new wave of redundancies designed to cut costs and reposition the group to compete in the highly challenging environment.
HSBC’s shock ousting of John Flint as chief executive was seen by some investors and bank insiders on Monday as a risky gambit by Chairman Mark Tucker given the political and economic uncertainties in the bank’s core markets.
Alphabet Inc’s Google on Monday announced that it would neutralize carbon emissions from delivering consumer hardware by next year and include recycled plastic in each of its products by 2022.
Tesco , Britain’s biggest retailer, plans to cut around 4,500 jobs as part of a restructuring of its Metro stores in the latest blow to the high street.
U.S. stocks opened lower on Monday, extending a sell-off from last week, weighed down by a drop in technology shares and as China’s yuan hit its lowest in more than a decade on escalating U.S.-China trade concerns.
U.S. stocks were set to open sharply lower on Monday as China’s yuan hit its lowest in more than a decade, spurring a continuation of a sell-off on trade concerns on Friday that generated the S&P 500’s worst weekly performance of 2019.
A consortium led by Bombardier Inc said on Monday it had won a contract to build and operate two monorail lines in Egypt for more than $4.5 billion.
Oil prices fell on Monday on global growth concerns after U.S. President Donald Trump threatened China with more tariffs, which could limit crude demand from the world’s two biggest buyers.
A consortium of Bombardier’s rail division , Orascom Construction and Arab Contractors said on Monday it had won a contract to supply and operate two monorail lines in Egypt for $4.5 billion.
International Business Machines Corp announced on Monday a new blockchain network aimed at improving manual and cumbersome supply chain management.
Walmart Inc’s Indian unit Flipkart is set to roll out a free video service for all of its 160 million customers this month as the ecommerce company looks for new ways to increase its user base in smaller towns and cities, it said on Monday.
Global stocks fell for a sixth day on Monday as an escalation of a trade war between the United States and China spooked markets and the yuan fell to its lowest levels in over a decade.
U.S. stock index futures pointed to more losses on Monday as China’s yuan hit its lowest in a decade, spurring a continuation of a sell-off on trade concerns on Friday that generated the S&P 500’s worst weekly performance of 2019.
Canada’s main pharmaceutical lobby group has urged the government not to wait for drug shortages before responding to U.S. plans to import Canadian drugs, according to documents seen by Reuters.
Oil prices fell on Monday on global growth concerns after U.S. President Donald Trump threatened China with more tariffs, which could limit crude demand from the world’s two biggest buyers.
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