UBS Group AG Chief Executive Officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic acquisition of Credit Suisse. The Swiss lender seeks to shed another $5.5 ...

Despite a trio of All-Star caliber players in Kevin Durant, Devin Booker and Bradley Beal, the Phoenix Suns are nowhere near the top. They are barely above the .500 mark with a 21-20 record and ...

Four of the six central banks overseeing the 10 most heavily traded currencies held meetings since November, and have lowered their lending benchmarks. Reuters Average system liquidity has been in ...

Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and changes to programs like Medicare and Social Security in preparation for ...

NEW YORK – Citigroup eliminated more jobs this week after going through an overhaul last year, as part of a sweeping reorganisation under chief executive officer Jane Fraser to curb costs.

First, it was Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. who called them out. Now, it’s Finance Secretary Ralph Recto. We’re talking about the International Monetary Fund (IMF ...

President Donald Trump’s team of defense advisers is taking shape, this week adding two high-level officials who have called for slashing the American armed presence in Europe and broadly ...

BP announced on Thursday that it will cut around 4,700 staff, or over 5 per cent of its total workforce, as part of CEO Murray Auchincloss' efforts to reduce costs. BP told staff that 3,000 contractor ...

Banking giant Citigroup (NYSE:C) eliminated more jobs this week, with managing directors in the wealth business and technology unit leaving the bank, Bloomberg reported on Thursday, citing people ...

According to market experts, the gold price today has risen due to soft US core inflation data that has triggered buzz about a US Fed rate cut in the upcoming US Fed meeting at the end of this month.

Announcements of job cuts in the health network have multiplied in recent weeks as Quebec tries to eliminate a $1.5 billion deficit in the public health-care system. According to the most recent ...