Barclays weighs 280 redundancies, relocations at Leeds call center
British bank Barclays has warned nearly 300 staff they could face redundancy or relocation from its Millshaw Court call center in Leeds, northern England, following unspecified “changes to its business”.
Halliburton profit beats on international demand, North America lags
Halliburton Co beat Wall Street estimates for quarterly profit on Tuesday, as higher demand for its oilfield services in international markets offset a slowdown in North America.
Huawei chairman says foreign officials welcome to see its labs
Huawei Chairman Liang Hua said on Tuesday the company would allow foreign officials to visit its labs, as the Chinese company faces suspicion from Western countries that its telecoms equipment could be used for espionage.
Oil drops nearly 2 percent as China slowdown bites
Oil prices fell nearly 2 percent on Tuesday on signs that an economic slowdown in China is spreading, stoking concerns about global growth and fuel demand.
Johnson & Johnson 2019 revenue forecast misses expectations
Johnson & Johnson on Tuesday forecast 2019 sales that fell short of analysts’ estimates as the healthcare conglomerate faces increasing competition for some of its older drugs.
Halliburton posts fourth-quarter profit compared with year-ago loss
Oilfield services provider Halliburton Co reported a quarterly profit on Tuesday, compared with a loss for the same period a year ago when it set aside $1.05 billion for income tax payments related to a change in U.S. taxes.
Mastercard: EU fine of 570 million euros to be taken as charge in the fourth quarter of 2018
Mastercard said on Tuesday that an EU antitrust fine of 570.6 million euros ($648.3 million) would be taken as a charge in the fourth quarter of 2018, calling the closure of the case an important milestone for the company.
Verdi union speaks out against any Deutsche Bank, Commerzbank merger
Germany’s Verdi labor union on Tuesday voiced concern over any possible merger between Germany’s largest banks – Deutsche Bank and Commerzbank .
UBS CEO says succession ‘years away’
UBS Chief Executive Sergio Ermotti said on Tuesday any changes to the bank’s leadership remain years away and that the bank remains open to both hiring and promoting in its search for talent.
Preferred bidders for Elior’s Areas arm to be chosen by March: sources
Preferred bidders for the Areas business of French company Elior are expected to be chosen by the start of March, a source close to the matter told Reuters.
