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STEPHEN BARCLAY
US stocks today: S&P, Nasdaq close at records on Iran ceasefire extension, earningsU.S. stocks rallied Wednesday, snapping a two-day decline, as President Trump extended a ceasefire with Iran. Despite ongoing uncertainty a...- US economy’s dependence on AI investments spooks analystsIn today’s landscape, the US economy's dependence on AI investments is a double-edged sword. AI-related stocks have significantly fueled ou...
- ‘Eat, Pray, Love’ author Elizabeth Gilbert halts release of new novel set in Russia after facing backlash from Ukrainians‘The Snow Forest’ is set in Siberia, Russia, in the middle of the 20th century. The story revolves around a family of devout Christians who...
- UK's Sunak considers sweeping tax hikes to plug COVID-19 hole, newspapers sayTax hikes suggested by Treasury officials could raise an extra 20-30 billion pounds a year, the Telegraph and the Sunday Times reported, an...
- Theresa May cuts Christmas break short to prepare for BrexitLondon, Dec 25 () British Prime Minister Theresa May has cut her Cabinet's Christmas break short to prepare for Brexit as the March 2019 de...
- Barclays, RBS hit post-crisis lows on banks’ Brexit plungeBarclays shares fell more than 17% for the second straight day, and the stock has now lost more than half its value in the last 12 months.
- Infosys to cut costs by reducing senior people onsite: Narayana MurthyMurthy also said that employee motivation in Infosys has improved and recent senior-level exits would only have limited impact on the compa...
- Succession race for Bank of England governor roiledChancellor of the Exchequer George Osborne's search for the next BoE governor just got even tougher as the Libor-rigging scandal casts a sh...
- Euro softer in Asia after ECB moveThe euro turned softer in Asian trade Friday on improving risk appetite after the European Central Bank said it would delay withdrawing eme...
- HSBC chief executive to quit in major shake-up: reportsHSBC chief executive Michael Geoghegan is to step down at the end of the year as part of a major shake-up of the bank's top management, rep...
- HSBC's chairman Green to quit, join UK govtHSBC Holdings chairman Stephen Green plans to step down and become trade minister for the UK government, according to a person with knowled...
- UK banks don't heed pay-cut callBarclays Capital hiked pay and bonuses by 93% while RBS raised total compensation by 73% in 2009. Check out top gainers, losers & recommend...
- Lloyds says chief executive gives up bonusLloyds Banking Group said that chief executive Eric Daniels has turned down his 2.3 million pound bonus for 2009, becoming the fourth top U...
- RBS chief Hester likely to get 1.6 mn pounds bonus: ReportThe Royal Bank of Scotland, which is majority-owned by the British government, is expected to pay a bonus of nearly 1.6 million pounds to i...
- HSBC says profit slumps 57 pc in first halfHSBC, Europe's biggest bank, said that first-half net profits slumped 57 percent to 3.35 billion dollars (2.35 billion euros).
- Taking advantage of another brand’s disasterAs the impact of a sliding economy has begun to sort the weak companies from the strong, so the UK’s biggest brands have the opportunity to...
- McDonald's is Britain's most hated brandYour kids might love their weekend trips to McDonald's, but popular opinion has given the world's largest chain of fast food restaurants a ...
- Joint offer values ABN Amro at about 15.3 times 2006 earningsRoyal Bank of Scotland Group, Santander Central Hispano and Fortis have thrown their hats in the ring to buy ABN Amro.
- Barclays to take over ABN Amro for $91bBarclays, Britain’s third-largest bank, agreed to buy ABN Amro Holding NV for e67 billion ($91 billion) in the world’s biggest financial-se...
- Copper prices jump as BHP strike drags onCopper prices closed firm on Friday after the previous day’s 2.4% loss as most workers at the world’s biggest copper mine remained on strik...
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