Linda Young – AHN News Writer London, United Kingdom (AHN) – Banking giant HSBC announced Wednesday that it plans to shave costs by up to $3.5 billion with a combination of strategies, including reducing its retail and wealth management divisions as well as trimming IT operations. HSBC is Europe’s largest bank, but it also has [...]
Archive for the ‘Credit Cards’ Category
Banking giant HSBC eyes cost cutting; may move tech development to low-cost countries
May 12th, 2011 
davidguide 
Posted in Credit Cards 
Tags: bank officials, Development, development operations, Fast Personal Loans, HSBC, linda young, management divisions, moving technology, percent, profitable markets, staff cuts, Young 
Comments OffApproved daily minimum wage hike of $0.51 upsets Filipino workers, legislators
May 11th, 2011 davidguide Vittorio Hernandez – AHN News Manila, Metro Manila, Philippines (AHN) – Various Philippine groups criticized the measly $0.51 (PHP 22) daily minimum wage increase for Metro Manila workers approved by the wage board of the Department of Labor and Employment’s National Capital Region on Monday. The hike was actually incorporated into the cost of living [...]
Posted in Credit Cards Tags: benigno aquino iii, cost of living allowance, Fast Personal Loans, metro, metro manila philippines, minimum wage earners, minimum wage hike, minimum wage increase, news, percent, trade, trade union officials Comments OffFlorida lawmakers cut jobless benefits
May 10th, 2011 davidguide Linda Young – AHN News Writer Tallahassee, FL, United States (AHN) – State lawmakers in Florida have approved a deal to cut jobless benefits for unemployed workers. Florida Gov. Rick Scott is expected to sign the bill into law. Beginning in 2012, workers who lose their jobs can only qualify for a maximum of 23 [...]
Slighly higher unemployment rate despite more jobs in April
May 7th, 2011 davidguide Kris Alingod – AHN News Contributor Washington, D.C., United States (AHN) – The unemployment rate grew 9 percent in April despite the economy adding more jobs than was expected. The Labor Department said on Friday nonfarm payroll increased 244,000 during the period, boosted by gains in the service, manufacturing and mining industries. In the private [...]
Posted in Credit Cards Tags: coputers, Fast Personal Loans, healthcare hospitals, jobless americans, john boehner, Manufacturing, Mining, nonfarm payroll, percent, private sector job, sector, state governments Comments OffSaskatchewan teachers strike
May 6th, 2011 davidguide Vittorio Hernandez – AHN News Regina, Saskatchewan, Canada (AHN) – All of Saskatchewan’s teachers struck on Thursday to demand a contract. The educators have been working without a contract since August 31. The job walk off of members of the Saskatchewan Teachers’ Federation made the province’s history because it is the first time they initiated [...]
Posted in Credit Cards Tags: contract, education minister, Fast Personal Loans, Federation, Hernandez, lieu, regina saskatchewan canada, saskatchewan education, saskatchewan teachers federation, school divisions, study sessions, teachers strike Comments OffPhilippine employers reject proposed $1.75 daily wage hike for Metro Manila workers, offer $0.30 instead
May 5th, 2011 davidguide Vittorio Hernandez – AHN News Manila, Metro Manila, Philippines (AHN) – The Employers Confederation of the Philippines rejected the $1.75 (PHP 75) daily wage increase sought by Metro Manila workers, but instead offered a paltry $0.30 (PHP 13.35) hike. ECOP President Edgardo Lacson said Wednesday at the 32nd National Conference of Employers that the country’s [...]
NBA players unhappy with latest proposal from owners
May 5th, 2011 davidguide John Nestor – AHN Sports Correspondent New York, NY, United States (AHN Sports) – NBA players don’t see much difference in a new proposal from the league’s owners and they are not happy about it. The latest formal collective bargaining proposal the owners have handed the players is a 10-year deal that is just barely [...]
Posted in Credit Cards Tags: commissioner david stern, derek fisher, difference, going in the right direction, john nestor, league, Offer, percent, salary cap, salary reduction, Sports, work stoppage Comments OffBritish think tank foresees bright future for country’s marine energy sector
May 3rd, 2011 davidguide Vittorio Hernandez – AHN News London, England, United Kingdom (AHN) – Carbon Trust, a British government think tank, foresees a bright future for the country’s marine energy sector whose value is expected to reach $114 billion (GBP 76 billion) in the next four decades. Carbon Trust released Monday an analysis of the sector, weeks after [...]
Posted in Credit Cards Tags: Chris Huhne, current electricity, electricity demand, Fast Personal Loans, GBP, public subsidy, sector, severn barrage, sound of islay, turbine, wind, wind turbine Comments OffThree Somali immigrants killed at Mozambique-Tanzania border
May 2nd, 2011 davidguide Abdi Hajji Hussein – AHN News Correspondent Maputo, Mozambique (AHN) – At least three Somali immigrants have been shot and killed by border guards in Mozambique. The men were among nine traveling on foot tthrough Tanzania headed to South Africa when they were sprayed by bullets from Mozambican forces, according to a member of the [...]
Posted in Credit Cards Tags: african migrants, bashi, border guards, Fast Personal Loans, foot, mozambique government, news, one of the survivors, shot, somali immigrants, Station, tanzania border Comments OffNot working out: Court rules NFL lockout back on
April 30th, 2011 davidguide Jim Keller – AHN Sports Reporter St. Louis, MO, United States (AHN Sports) – The NFL finally won – at least for now. By a 2-1 decision, the Eighth Circuit Court of Appeals in St. Louis granted the league’s request for the temporary stay, effectively reinstalling the lockout, at least for a few days. The [...]
Posted in Credit Cards Tags: Circuit, eighth circuit court, eighth circuit court of appeals, Fast Personal Loans, jim keller, league, NFL, small victory, Sports, sports reporter, st louis mo, stay Comments Off