U.S. stock index futures dipped on Monday as investors braced for U.S.-China trade talks later in the week, after a rollercoaster week that sparked fears of a recession in the world's largest economy.
HSBC Holdings Plc is planning to cut up to 10,000 jobs, more than 4per cent of its workforce, as interim Chief Executive Officer Noel Quinn seeks to reduce costs across the banking group, the Financial Times reported on Sunday.
BlackRock Inc , the world's largest asset manager has appointed Manish Mehta as global head of human resources effective immediately, according to a memo seen by Reuters on Monday.
U.S. stock index futures dipped on Monday as investors braced for U.S.-China trade talks later in the week, after a rollercoaster week that sparked fears of a recession in the world's largest economy.
General Electric Co said on Monday it was freezing the pension plan for about 20,000 U.S. employees with salaried benefits, as the industrial conglomerate looks to cut its huge debt pile.
General Electric Co said on Monday it was freezing the pension plan for about 20,000 U.S. employees with salaried benefits, as the industrial conglomerate looks to cut its huge debt pile.
Harley-Davidson Inc is betting on electric motorcycles to attract the next generation of younger and more environmentally conscious riders to reverse declining U.S. sales.
Shares in sensors specialist AMS and lighting group Osram fell on Monday on concerns AMS might revisit its US$4.9 billion takeover bid which collapsed on Friday.
Deutsche Bank is creating a new technology division in a strategy shift designed to reduce complexity and lower costs while transforming systems that have held back the bank for years.
Global stocks were little changed on Monday as broadly positive U.S. jobs data quelled some fears about an economic slowdown, but nervousness over U.S.-China trade talks persisted and more weak European economic data trickled in.
