Lufthansa: Implementation of bailout deal not guaranteed
German flagship carrier Lufthansa said on Tuesday that the implementation of its bailout deal had not been secured and it might need to apply for...
HSBC revives 35,000 job cut plan after pandemic pause
HSBC is resuming plans to cut around 35,000 jobs which it put on ice after the coronavirus outbreak, as Europe’s biggest bank grapples with the...
Dollar treads water on Fed views, geopolitics
The dollar was little changed on Wednesday after U.S. retail sales rose more than expected in May, although caution kept investors from aggressively buying riskier...
HSBC revives plan for 35,000 jobs cuts delayed by pandemic
HSBC is resuming a redundancy plan it put on ice after the coronavirus outbreak, and will cut around 35,000 jobs over the medium term, a...
Oil falls as U.S. crude stocks build amid virus resurgence fears
Oil prices declined on Wednesday as data showed an increase in U.S. crude and fuel inventories, raising the prospect of oversupply as a potential second...
HSBC revives plan to axe 35,000 jobs, memo shows
HSBC is resuming a massive redundancy plan it had put on ice after the coronavirus outbreak, and will cut 35,000 jobs over the medium term,...
HSBC resumes cutting around 35,000 jobs: memo
HSBC is resuming a massive redundancy plan it had put on ice following the outbreak of coronavirus, and will cut 35,000 jobs over the medium...
United Airlines sweetens exit deal for flight attendants
United Airlines sweetened on Tuesday a voluntary exit package for flight attendants and extended the application deadline, saying it needed “a lot more people to...
Asia stocks turn cautious on virus surge, geopolitics
Asian share markets took a cautious turn on Wednesday as a resurgence of global coronavirus cases challenged market confidence in a rapid economic recovery, even...
United Airlines sweetens voluntary exit deal for flight attendants
United Airlines sweetened a voluntary exit package for flight attendants and extended the application deadline, saying that while “thousands of employees” signed up, “we’re finding...