LONDON (Reuters) - Barclays has cut 2,700 jobs in its investment bank this year as part of a plan unveiled in May to axe 7,000 positions over three years, the head of the business said on Monday. ...
(Reuters) - Mark Frissora has resigned as chief executive of Hertz Global Holdings Inc , citing personal reasons, as pressure from investors mounts following a series of accounting errors. ...
(Reuters) - Home Depot Inc is being tight-lipped about its possible credit card breach, the opposite approach to the one Target Corp took nearly a year ago. ...
WASHINGTON (Reuters) - This year's top U.S. wireless convention descends on Las Vegas on Monday and will no doubt be abuzz with massive telecom mergers and major policy undertakings of the industry's new top regulator. ...
LONDON (Reuters) - British luxury carmaker Jaguar launched its cheapest ever car on Monday, the first new model in a range designed to widen its appeal to women and younger drivers and take on bigger rivals such as BMW, Audi and Mercedes-Benz. ...
NEW YORK (Reuters) - Citigroup Inc's third-quarter expenses are running "slightly higher" than three months ago because of efforts to prove to regulators that its risk and balance sheet management is good enough to allow more spending for dividends and share buybacks, the bank's chief financial officer said on Monday. ...
TORONTO (Reuters) - Canadian retailers, scrambling to keep pace with the likes of Wal-Mart Stores Inc and Amazon.com Inc in an increasingly crowded market, are investing heavily in high-tech tools to lure shoppers. ...
NEW YORK (Reuters) - Ray Conner, chief executive of Boeing Co's commercial airplanes business, said on Monday the planemaker is being pressured to raise the production rate of its 737 jetliner, another signal the company is about to announce rate increases beyond current targets. ...
STOCKHOLM (Reuters) - Sweden's Electrolux AB said on Monday it would double U.S. sales by paying $3.3 billion in cash for General Electric Co's appliances business in its biggest ever deal, giving it the scale to go head-to-head with larger rival Whirlpool . ...
The local share market is trading lower, despite modest gains for the mining sector. ...
The Transport Workers Union (TWU) has called for a review of the trucking of dangerous chemicals in the wake of a catastrophic explosion in south-west Queensland. ...
A widely-watched private survey of job advertising shows the labour market strengthening, despite recent weak official figures. ANZ's job ads data shows a 1.5 per cent increase in the number of positions advertised in August, seasonally adjusted. The figures stand in stark contrast to last month's official ABS employment figures which showed a steep jump in the jobless rate from 6 to 6.4 per cent...
Retail giant Woolworths is selling 54 of its hotels to an industry super fund and property management group. ...
Iron ore miner Western Desert calling in administrators is a sign of the pain falling iron ore prices will cause. With the Australian dollar still high, the collapse of the iron ore price complicates an orderly end to the investment phase of the the mining boom. The price of iron ore has fallen by 38 per cent this year - down to under $US84 a tonne - and well below the $US100 price forecast in the...
Emergency department nurses at Adelaide's Lyell McEwin Hospital are staging industrial action in a dispute with SA Health about staffing levels. ...
Dredge spoil from the Abbot Point coal port expansion would be dumped on land instead of within the Great Barrier Reef Marine Park under a plan to be considered by Queensland's Cabinet. ...
A rise in casual and contract work is stifling the number of people applying for paid parental leave because they don't fit the criteria.The latest Inland Revenue Department figures released to the Herald show the number of parents......
Beijing has once again dashed Hong Kong’s hopes for free elections, and the resulting ideological split could have implications for future stability of the city. After decades of controlling how Hong Kong, a former British colony, elected it leaders, Beijing had been promising universal suffrage in 2017....
Berry company OOB's products will be stocked in all Coles supermarkets across Australia in a major coup for the company.The products are already in Woolworths Australia, however Robert Auton, who owns and runs OOB (Omaha Organic......
Legal or not, the business of selling weed in the US is as wacky as ever.The tangle of rules and regulations that govern whether and how it can be grown, bought and sold create complexity and ambiguity that cause major headaches......