Contract workers at New York’s John F Kennedy airport took strike action on Thursday morning despite a recent letter sent by their employer warning of possible consequences including termination.
The French oil group Total has unveiled plans to cut 180 jobs in the UK, reduce refinery capacity and slow spending on North Sea fields after it crashed to a $5.7bn final-quarter loss.
The clashes are said to have led to the departure of a series of managers in the past year.
Bond traders are vanishing as slumping fixed-income revenues deter the world’s biggest banks from making markets in Europe.
Credit Suisse is preparing to move a London and Paris-based trading team out of its investment banking unit and into its asset management arm to raise external capital, sources familiar with the matter have told Reuters.
United Airlines has cancelled the reservations of thousands of customers who took advantage of a pricing glitch to save thousands of pounds on first class tickets.
Grupo BTG Pactual, the investment bank owned by Brazilian billionaire Andre Esteves, is hiring 20 people and starting an asset-management business in Mexico.
Over a billion personal data records were compromised by cyberattacks in 2014, a report revealed, driven by high-profile breaches.
Bank of America has named Mark Davies and Brian Weinstein as co-heads of emerging-market fixed income, currencies and commodities trading.