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...A person familiar with the bank’s plans said some of the job cuts the bank was setting aside money for now would not happen until next year....
...Lloyds’ operating costs were up 11 per cent, in part due to an “elevated” severance charge of £100mn as the lender embarked on a restructuring plan to increase its focus on digital....
...Bumble last week has also announced a restructuring plan that will cut about 30 per cent of its workforce....
...With higher severance costs and longer delays, the costs of adaptation in Europe are about 10 times higher than in the US....
...Nike in December said it would embark on a restructuring plan to cut $2bn in costs over three years....
...Businesses, meanwhile, will suffer — having to abide by different rules, in different regions. A regulatory quagmire....
...Hotel groups are seeking a way to gain market share in the region at a time when growth in the pipeline of new hotels is slowing....
...The Taylor Swift effect: Rivalry between Hong Kong and Singapore has always been hot, but tour plans by pop stars are throwing a new light on the competition between the two cities....
...INA’s Porwanto said the rating opened up the possibility of obtaining financing from the offshore market, although there was no imminent fundraising plan....
...The company expects to incur a pre-tax charge of between $400mn-$450mn in the current quarter, largely due to severance costs....
Polish national accused of passing on information about key airport as part of plan to assassinate Ukrainian president
...The claim said that, by resigning, Kassan had elected to waive his nearly $10mn severance payment in order to be able to compete with MediaLink....
...Having dropped plans for a new national budget this year, Sánchez has ordered officials to focus on a 2025 spending plan.Raymond Torres, director for macroeconomic analysis at Funcas, a savings bank foundation...
...But Solomon said there were “no other specific plans on the headcount now”. Citi, on the other hand, hinted that more lay-offs could be coming....
...Schwab and Prudential have in recent days divulged plans to cut about 2,000 and 240 positions, respectively....
...Its plan to exploit a large rare earths find, known as the Per Geijer deposit, could also be complicated....
...It is Putin’s first trip to the region since Russia’s full-scale invasion on Ukraine....
...Local media reported that the labour reform would be limited to a plan to reduce hefty fines and severance packages that are a major complaint among employers, without touching red-line issues for powerful...
...Read more about the senior partner-elect’s plans for PwC here. 4....
...Between 2014 and 2016 he was active in eastern Ukraine as a fighter for Russian-led separatists in Donetsk region, according to the German federal prosecutor....
...There are plans to scrap the concept of the leap second altogether from UTC by 2035 in a move that would allow the two timescales to go out of sync by more than a second — a difference that is the present...
...He called for “ambitious” climate plans to reduce emissions for the period up to 2035, saying these should include all greenhouse gases, such as methane....
...Chevedden has also been active in filing executive pay proposals concerning “golden parachutes”, which are guaranteed severance payments for executives who leave their company....
...Milei’s austerity is biting hard in La Rioja, an olive and wine region home to 384,000 people — out of a population of 46mn — where intense heat pushes many businesses to take a siesta from 1 to 6pm....
...“Without our defence relationship with Japan we could not protect our interests in the Indo-Pacific region.”...
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