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JOB LOSSES AT ANZ
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...- 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...
- 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 slip after data points to cooling U.S. economyAmidst economic fluctuations, rate cuts could enhance demand, endorsed by ANZ Research analysts, impacting the global oil market.
- Dollar stays bullish on resilient U.S. jobs marketMarkets now turn their attention to the closely-watched nonfarm payrolls report due later on Friday, with economists polled by Reuters fore...
- Oil prices extend losses on demand worries"Crude oil fell further on demand concerns on a cloudy economic outlook," CMC Markets analyst Tina Teng said. "If commodities are not prici...
- Oil slides 4% on China virus curbs and climate warningA United Nations panel's dire warning on climate change also added to the gloomy mood after fires in Greece have razed homes and forests an...
- Australia shares slip over 5% on coronavirus impact fears, NZ slipsThe S&P/ASX 200 index was unable to hold on to initial gains, and fell 5.3 per cent to finish at 4,842.40.
- Australia shares rise on mining, energy stocks; NZ hits record highS&P/ASX 200 index ended up 43.60 points or 0.7 per cent to 6,327.80.
- Hong Kong stocks snap 3-week winning streak before Trump's inaugurationThe benchmark Hang Seng index fell 0.7 per cent, to 22,885.91 points at the close, while the China Enterprises Index lost 0.8 per cent, to ...
- 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.
- Agricultural Bank of China, ANZ, DBS & RBC among bidders for RBS Asia equities and advisory businessABC, ANZ, DBS Bank and RBC are among those who have submitted interest to purchase parts of the Asian equities and advisory business of RBS...
- Australian jobs hit record as stocks, currency soarAustralian employment has hit a record high of 11.1 mn people at work, official data showed on Thursday, as latest jobs figures smashed for...
- Oil prices advance on bargain huntingWorld oil prices rose on Monday as traders snapped up cheap crude after the market had slumped last week, analysts said.
- Oil prices slide in Asian trade, above 51 dollarsOil prices fell in Asian trade on Monday as global stocks turned lower following a recent run up, analysts said.
- Indian offshoring cos to hit a wallWith anti-outsourcing sentiments on the rise, companies looking to take the offshoring route to reduce costs will have a difficult task on ...
- 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...
- 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.
- ANZ National Bank to outsource 238 jobs to IndiaThe New Zealand-based ANZ National bank will soon be outsourcing its 238 backoffice jobs to India.
- ANZ National to move 500 processing jobs to BangaloreNew Zealand’s largest bank, ANZ National, has decided to move up to 500 jobs from the country to Bangalore by 2009. BPO Brigade | Cyber-Spa...
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