US initial jobless claims drop 2K last week

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Source: Dukascopy Bank SA
The number of applications for US unemployment benefits fell to 210K in the week ending August 18, while analysts anticipated a surge to 215K, the Labor Department reported.
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Thu, 23 Aug 2018 14:33:19 GMT

Siemens likely to cut 20K jobs amid "Vision 2020" strategy

Siemens, the German engineering giant, is considering to cut 20K job positions as part of the "Vision 2020" strategy, according to Manager Magazine.

Thu, 23 Aug 2018 11:51:59 GMT

Glencore gets approval for its Chevron assets bid

On Thursday, South African competition watchdog granted its approval to Glencore for its $900M bid for Chevron's Botswana and local assets, raising its chances to beat a rival offer from China's Sinopec.

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