FILE PHOTO: A sign informs travelers arriving at Logan Airport about the restrictions imposed by a Massachusetts Travel Order amid the outbreak of coronavirus (COVID-19) in Boston, Massachusetts, US, August 3, 2020. REUTERS / Brian Snyder WASHINGTON (Reuters) – The administration of U.S. President Donald Trump is considering a measure …
Read More »Large U.S. companies form group to encourage minority hiring in New York
PHOTO PHOTO: Jamie Dimon, Chairman and CEO of JP Morgan Chase & Co., Speaking at the Bloomberg Global Business Forum in New York City, New York, USA, September 25, 2019. REUTERS / Shannon Stapleton (Reuters) – Leaders of major U.S. corporations, including banks and tech giants, have formed a group …
Read More »Saudi Arabia posts $ 29 billion deficit in Q2 due to falling oil revenues
DUBAI (Reuters) – Saudi Arabia registered a deficit of 109.2 billion riyals ($ 29.12 billion) in the second quarter of this year as low oil prices hurt revenue, a report by the Ministry of Finance released Tuesday. FILE PHOTO: A Saudi flag flies over the Saudi Arabian consulate in Istanbul, …
Read More »Exclusive: Goldman renews employee reviews, opening the door to further job cuts
NEW YORK (Reuters) – US investment bank Goldman Sachs Group Inc is adopting a performance appraisal system that will rate up to 10% of its 39,000 employees as underperforming this year, according to an internal memo sent Monday, which It could generate more job cuts in 2021 than the bank …
Read More »HSBC denies Chinese media reports that ‘framed’ Huawei
BEIJING (Reuters) – HSBC on Saturday denied Chinese media reports of having “framed” Huawei Technologies and played a role in the arrest of the chief financial officer (CFO) of the world’s largest telecommunications equipment maker. FILE PHOTO: HSBC Headquarters lights up in Hong Kong’s Central Business District on November 3, …
Read More »