GE's CEO plans job cuts

Source: Dukascopy Bank SA
According to a source familiar with the matter, the GE's new CEO John Flannery plans to substantially reduce labour force in an attempt to save $2B in costs by the end of 2018.
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Thu, 31 Aug 2017 20:10:29 GMT

Iraqi PM declares victory in Tal Afar

On Thursday, the Iraqi Prime Minister Hayder al-Abadi declared victory over the Islamic State fighters in Tal Afar and the northern province of Nineveh.

Thu, 31 Aug 2017 19:05:29 GMT

Oil price rises to $52.33

On Thursday, crude oil price rose 2.89% to $52.33 a barrel, as the Hurricane Harvey reduced refining capacity by 4.4M barrels per day.

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