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ANZ JOB CUTS
China's factory inflation hits 3-year high as energy costs surgeChina's producer inflation rose to a near three-year high of 3.9% in May, driven by higher energy costs and AI-related demand, while consum...- India may cheer an Iran deal, but peace in Hormuz won’t refill its emptying economic tankThe economic horizon of India is clouded by a dual predicament characterized by a lack of financial resources and innovative ideas. While r...
- HSBC job cuts: CEO shares big update on lay offs possibility, message for employees on AI issueHSBC recently launched a dedicated $4 billion credit facility to support the global expansion of mainland Chinese companies.
- Australia's ANZ to pay $160 million over bond deal, customer violationsAustralia and New Zealand Banking Group will pay a hefty fine. The penalty is for misconduct including charging deceased customers. The ban...
- Gold rate prediction: Gold price to hit $4,000-mark! Bullion analysts predict dateGold price forecast on Wednesday shows gold rate to go up to $3,800 per ounce and expects prices to peak near $4,000 by next June.
- Australia's ANZ to cut 3,500 jobs as new CEO Matos takes chargeANZ Group will cut 3,500 jobs. CEO Nuno Matos warns of more changes. The bank will take a A$560 million restructuring charge. These cuts ai...
- ANZ predicts deeper OCR cuts: A double-edged sword for NZ economyANZ economists now predict the RBNZ will cut the OCR to 2.5% due to a slower-than-expected economic recovery and global uncertainties. This...
- Oil edges up following US rate cut move, geopolitical concernsOil prices saw a slight increase in early Monday trade, driven by concerns over Middle East conflict affecting supply and the U.S. interest...
- Oil hovers at 8-month lows as U.S. recession fears offset Mideast tensionsOil prices dropped to their lowest in eight months amid fears of a U.S. recession. Brent crude and U.S. West Texas Intermediate futures saw...
- Oil prices ease as weak economic data clouds demand prospectsPrices jumped by more than 6% on Monday after the Organization of the Petroleum Exporting Countries and allies including Russia, collective...
- Oil falls on dollar strength, focus turns to U.S. jobs dataThe cut from the Organization of Petroleum Exporting Countries and allies including Russia, together known as OPEC+, is the largest since 2...
- ANZ to offshore 70 jobs to India: ReportAustralia's leading bank ANZ is shifting 70 jobs to India as a part of its cost-cutting measures, according to a media report.
- ANZ pledges to form subsidiary in IndiaAustralia and New Zealand Banking Group (ANZ) pledged to form a subsidiary in India unlike rivals that see obstacles.
- ANZ says not shifting Australian jobs to IndiaAustralian ANZ Bank on Monday denied reports of shifting 500 jobs to India, stating it does not expect to make any "material" cut in employ...
- ANZ to offshore Melbourne back-office ops to India by end-2009Australian ANZ Bank is reportedly offshoring its back-office operations in Melbourne to India by the end of the year.
- Australia's ANZ bank to cut 800 jobs before Christmas: ReportsANZ, will cut a total of 800 jobs before Christmas because of the global financial crisis.
- National Australia Bank to halve local workforce, outsource more jobs to IndiaThe National Australia Bank (NAB) plans to more than halve its local technology workforce and outsource jobs to India in the next five year...
- Outsourcing fallout: Oz union up in armsAustralian worker unions are increasingly turning the heat on banks planning to up the ante on outsourcing to India. BPO Brigade
- Outsourcing fallout: Oz union up in armsWorker unions are increasingly turning the heat on banks planning to up the ante on outsourcing to India
- Australian bank to shift 500 jobs to IndiaOne of Australia's top financial services groups, ANZ National bank, will outsource 500 jobs from its operations in New Zealand to India in...
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