GOLDMAN Sachs Group is working on a fresh round of job cuts that will be unveiled in a matter of weeks, chief executive officer David Solomon said in his traditional year-end message to staff.
MULTIPLE stress points are emerging in credit markets after years of excess, from banks stuck with piles of buyout debt, a pension blow-up in the UK and real-estate troubles in China and South Korea.
China’s homegrown COMAC C919 aircraft will undoubtedly find a large home market but challenging the duopoly of Airbus and Boeing will be harder, says NUS Business School’s Markus Keiper.
