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Kosovo ‘election winner’ hints tough Serbia stance

Bloomberg The winner of Kosovo’s snap election struck a defiant tone towards Serbia, foreshadowing more of the acrimony that has kept the two neighbours from clearing a key hurdle on their path to membership in the European Union. Albin Kurti, whose Self-Determination Movement won, said that in talks with Belgrade his new government would focus on a historic “debt that ...

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Brexit prospects fade as talks stall, EU signals pessimism

Bloomberg Prospects of a Brexit deal faded after talks between the two sides stalled and European leaders cast doubt on reaching an agreement in time for the October 31 deadline. French President Emmanuel Macron and Irish Prime Minister Leo Varadkar both signalled they want progress by Friday, adding to a sense that time is running out for the two sides ...

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HSBC to cut up to 10,000 jobs in cost-cutting drive, says FT

Bloomberg HSBC Holdings Plc may eliminate as many as 10,000 jobs as part of a cost-cutting drive, according to a Financial Times report that signalled Europe may bear the brunt of the initiative. The plan would result in a substantial reduction in HSBC’s workforce of about 238,000, the FT said, citing two people briefed on the matter. The bank, one ...

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