Oil equipment provider Schlumberger on Thursday said it would cut an additional 11,000 jobs, which brings the total number of cuts to 20,000.
A bumper quarter = bumper pay.
Pressure is mounting on Alliance Trust, one of the UK’s oldest investment companies, after an influential shareholder advisory body backed rebel investors pushing for change at the FTSE 250 business.
A U.S. appeals court on Wednesday declined to hold Royal Bank of Scotland liable for allegedly defrauding investors in its American depositary shares by downplaying its subprime asset exposure prior to the global financial crisis.
The German activist who charged at ECB President Mario Draghi at a press conference, tossing confetti over him and shouting “End ECB Dick-tatorship”, has said she was shocked at how easy it had been to carry out her stunt.
16 of the top 50 European hedge funds or their executives have donated more than £6.5m to the Conservatives, according to a new analysis of data.
'We just have an economic model that doesn't depend on a (particular) quarter's earnings'.
The urge to de-merge ?
"Clumsy interventions" by some of the world's central banker will "destroy" the economy and usher in political chaos, a notoriously bearish Societe Generale strategist has claimed.
The world is no longer teetering on the brink of a full-blown recession thanks to a rally in global stock markets and surging commodity prices, according to a new report out today.
The day after the Queen celebrated her 90th birthday, the Obamas came for lunch. Prince Philip, almost five years older than his wife, got behind the wheel of a Range Rover to drive the president and his wife Michelle to the door of Windsor Castle.