Sunday , 18 January 2026

Recent Posts

Japan’s largest bank prepares dramatic staff cuts

Bloomberg Japan’s biggest bank is set to undergo the most dramatic reduction in headcount since it was formed after the nation’s banking crisis shook the industry almost 20 years ago. Mitsubishi UFJ Financial Group Inc. is considering eliminating about 10,000 positions — about 7 percent of its workforce — over a decade as low interest rates and intensifying competition squeeze …

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Malaysia Air’s 30 A330neos deal faces price bump

Bloomberg Malaysia Airlines Bhd. has held discussions with Airbus SE about the purchase of A330neo wide-body jets but has so far been unable to agree a price for the planes. The carrier is also seeking clarity regarding other aspects of the transaction, including delivery schedules, Chief Executive Officer Peter Bellew said in an interview. There’s no likelihood of an order …

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Wal-Mart to acquire Bonobos as Amazon steals spotlight

Bloomberg Wal-Mart Stores Inc. announced its long-awaited acquisition of online clothing seller Bonobos Inc., just in time to have Amazon.com Inc. steal the spotlight with its own deal. Wal-Mart will pay $310 million in cash for the apparel upstart, which focuses on fitted clothing for men. Andy Dunn, Bonobos’s founder and chief executive officer, will continue to oversee the brand …

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