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Citigroup considering at least 10% job cuts in major businesses - report
Citigroup's managers and consultants working on chief executive Jane Fraser's reorganisation have reportedly discussed job cuts of at least 10% in several major businesses.
Harland & Wolff secures £8.5m barge contract
Fabrication company Harland & Wolff said on Monday that it had secured a further 10 barge contracts from the Cory Group, worth a total of £8. 5m.
ICO apologises to ex NatWest boss Rose over Farage scandal
The Information Commissioner's Office apologised to former NatWest chief executive Dame Alison Rose on Tuesday for falsely giving the impression that it was investigating her actions and involvement in the Nigel Farage scandal.
Tuesday preview: Chinese foreign trade, Persimmon in focus
China and the U. S. will focus investors' attention on Tuesday.
US pre-open: Futures point to modest gains following banner week
US stocks were being called to open slightly firmer ahead of the bell on Monday as major indices come off their best week so far this year.
Job losses expected as British Steel plans to scrap Scunthorpe furnaces
British Steel's blast furnaces in Scunthorpe are to close down, putting up to 2,000 jobs at risk, as the Chinese-owned manufacturer looks to transform into a more sustainable company.
London midday: Stocks dip but airlines boosted by Ryanair results
London stocks had dipped into the red by midday on Monday, but airlines rallied after well-received results from Ryanair.
Springfield Properties signs new £6.1m affordable housing contract
Scottish housebuilder Springfield Properties said on Monday that it had signed a new £6. 1m affordable housing contract with The Highland Council.
Kitwave FY results seen in line with expectations
Wholesale business Kitwave Group said on Monday that its full-year financial results were forecast to be in line with current market expectations.
Plexus inks rental contract with Neptune Energy
Oil and gas engineering services business Plexus has struck a roughly £175,000 rental contract award with Neptune Energy UK for exact adjustable wellhead and centric mudline suspension equipment.
US investment firm Dodge & Cox doubles stake in Entain to 10%
UK-listed gambling company Entain has revealed that US fund management group Dodge & Cox last week doubled its stake.
Europe midday: Stocks slip into the red on mixed economic data
European stocks slipped into the red by Monday lunchtime, as caution started to set in following five straight days of gains.
Faron reveals details of next stage of bexmarilimab study
Faron Pharmaceuticals announced on Monday that, following guidance from the US Food and Drug Administration (FDA), the initial indication for phase two advancement in the study investigating bexmarilimab in combination with standard of care, would focus on hypomethylating agents (HMAs)-refractory or relapsed myelodysplastic syndromes (MDS).
Scottish Mortgage NAV underperforms market in H1
Investment trust Scottish Mortgage told investors on Monday that it was confident of its long-term outlook despite reporting a drop in net asset value over the first half of the year.
Eurozone services PMI contracts as expected in October
The Eurozone's services sector contracted for the third straight month in October as expected, with final figures released on Monday confirming earlier 'flash' estimates.
DX opens another ex-Tuffnells site in Nuneaton
Delivery specialist DX Group announced the reopening of another former Tuffnells Parcels Express depot on Monday in Nuneaton.
Korean markets surge on reinstatement of short-selling ban
South Korean stocks surged on Monday in response to a reinstated ban on short-selling from financial authorities.
UK new car registrations up 14% in October
UK new car registrations rose roughly 14% in October, marking the 15th consecutive monthly increase as the automotive industry continues to recover from supply chain issues stemming from the Covid-19 pandemic.
RBC Capital upgrades Dunelm, downgrades Next
RBC Capital Markets upgraded Dunelm on Monday, but downgraded Next.
Asia report: Kospi leads gains as Seoul re-bans short-selling
South Korean stocks surged on Monday, leading gains in the Asia-Pacific region after the country re-imposed a ban on short selling.