HSBC says it may cut an additional 14,000 jobs globally as part of its three-year restructuring plan to reduce costs.
Read the original here: HSBC may cut up to 14,000 more jobs
Category : Business
Category : Business
The Bank of England upgrades its economic growth forecast, but separate figures show a rise in UK unemployment.
See the article here: Bank of England upgrades forecasts
Category : Business
The gap between rich and poor widened more in the three years to 2010 than in the previous 12 years, according to the OECD.
See the original post here: Rich-poor divide ‘picking up speed’
Category : Business
The EU warns it may investigate claims that Chinese telecom firms have been paid subsidies, allowing them to flood markets with cheap equipment.
Read the original here: EU warns China over telecom payments
Wall Street mostly shrugged off the Bloomberg snooping story. Then many users were alarmed when they found out messages had been posted online.
See the original post here: Traders are freaked by Bloomberg message leak
Category : Business
Chancellor George Osborne tells business leaders at the CBI that he will not deviate from the government’s economic road to reducing the deficit.
Read the original: Chancellor to stay on economic path
Category : World News
The recession across the 17-nation eurozone has continued into a sixth quarter, official figures show.
Original post: Eurozone economy still in recession
Category : Stocks
Category : Business, World News
Japan’s economy, the third largest in the world, expands at its quickest pace in a year, showing signs of an economic recovery.
Read this article: Japan’s economy shows recovery signs
Category : Stocks, World News
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Fortress International Group, Inc. Reports First Quarter 2013 Financial Results
First Quarter Revenue of $14.1 Million
Gross Profit of $2.8 Million; Net Loss of $23,000
Positive Normalized Adjusted EBITDA of $0.2 Million
Cash and Cash Equivalents Totaling $4.6 Million as of March 31, 2013
PR Newswire
COLUMBIA, Md., May 15, 2013
COLUMBIA, Md., May 15, 2013 /PRNewswire/ –