Markets

LONDON: HSBC Holdings Plc is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce costs across the banking group, the Financial Times reported on Sunday (Oct 6). The plan represents the lender's most ambitious attempt in years to cut costs, the...

Kansas City Federal Reserve Bank President Esther George on Sunday rejected the notion that the U.S. central bank should cut interest rates to try to boost low inflation, adding that doing so could create financial imbalances.

SAN FRANCISCO: Negotiations to resolve a three-week-old strike at General Motors for better pay, benefits and job security have taken "a turn for the worse," a top negotiator with the United Autoworkers Union said on Sunday (Oct 6). "After making some progress on important issues a couple days ago ......

SINGAPORE: Amid sluggish growth and benign inflation, economists expect the Singapore central bank to ease its exchange-rate based monetary policy at this month’s semi-annual meeting. The Monetary Authority of Singapore (MAS) would likely reduce the slope of the Singapore dollar nominal effective ...

As people live, work and travel longer, whether on business or holiday, there is a greater likelihood of medical problems in the air, says the Financial Times' Michael Skapinker.

A pending U.S. lawsuit over claims related to Bayer's glyphosate-based herbicide Roundup has been delayed, the company said on Sunday.

A pending U.S. lawsuit over claims related to Bayer's glyphosate-based herbicide Roundup has been delayed, the company said on Sunday.

Talks for a new four-year labor contract between General Motors Co and its striking workers cooled after the United Auto Workers rejected the largest U.S. automaker's latest offer on Sunday.

SINGAPORE: Tucked away in the south-west of Singapore, at Sembcorp Marine’s Tuas shipyard, Royal Caribbean’s 15-deck Voyager of the Seas cruise ship is getting a US$97 million (S$134 million) facelift. The 20-year-old ship is getting a complete 41-day overhaul, with almost 2,000 contractors ...

The final contingent of holiday-makers stranded overseas after the collapse of tour company Thomas Cook last month will return to Britain on flights departing on Sunday, bringing to an end the country's biggest ever peacetime repatriation.