Bloomberg Goldman Sachs Group Inc. slashed growth forecasts for the “Asian Tigers†as their exposure …
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Swiss lender adopts tireless robots in cost-cutting drive
Bloomberg A 151-year-old Swiss bank is among the first wave of smaller lenders deploying robots …
Read More »Banks slashed over 50,000 jobs this year, led by Europe
Bloomberg Banks across the globe have announced more than 48,500 job cuts this year as …
Read More »Norway central bank throwing doubt on September rate hike
Bloomberg Norway’s central bank is growing increasingly uncertain about raising interest rates next month as …
Read More »Sagging German economy hits Deutsche Bank’s revamp
Bloomberg One month into Deutsche Bank AG’s boldest restructuring effort yet, the world has turned …
Read More »FAA to reject new simulator training before 737 Max flies
Bloomberg US aviation regulators are increasingly convinced they don’t need to mandate new simulator training …
Read More »JCPenney sales in Q2 disappoint; but its CEO optimistic about change
Bloomberg JC Penney Co reported a challenging second quarter, exacerbating investors’ concerns about the health …
Read More »Cathay CEO quits after airline caught in Hong Kong protests
Bloomberg Cathay Pacific Airways Ltd’s CEO Rupert Hogg resigned, a week after the carrier was …
Read More »Amazon tests ‘top brand’ label for big-name fashion sellers
Bloomberg Amazon.com Inc is designating products sold by certain companies as “top brands,†a test …
Read More »UAE donates clothes, food for Eid in Yemen
RED SEA COAST / WAM The UAE is continuing to normalise humanitarian conditions and improve …
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