Under Armour phases out 400 more jobs

Source: Dukascopy Bank SA
Under Armour, the US sportswear maker, is set to cut 400 more jobs, which is 3% of the company's global workforce, in a turnaround push to reduce costs.
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Thu, 20 Sep 2018 13:35:03 GMT

Rocket Internet prepares Jumia shopping platform for IPO

Rocket Internet, the German start-up investor, is preparing the African online shopping service Jumia for a potential IPO in New York in the next year's first quarter that could value the company at $1.0B.

Thu, 20 Sep 2018 12:37:05 GMT

Lloyds Bank to set up third EU unit in Luxembourg

Lloyds Banking Group is planning to locate its third EU subsidiary in Luxembourg, as it aims to serve its customers the longstanding life insurance after the Brexit process will be completed.

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