Category
By Tatiana Bautzer and Manya Saini -Citigroup said it would cut 20,000 jobs over the next two years, acknowledging a "clearly disappointing" quarter marred by one-off charges that resulted in a $1.8 billion loss. Shares of the bank - which is in the middle of a...
By Elida Moreno PANAMA CITY (Reuters) - The Panama Canal said on Friday it "understands" clients' decisions to turn to alternative shipping methods as the canal, one of the world's busiest trade routes, faces restrictions due to an ongoing drought, and that it was...
By James Davey and Suban Abdulla LONDON (Reuters) - Britain's Burberry blamed a worsening slowdown in demand for luxury goods for its second downgrade since November, and warned of a tough challenge ahead as it shifts creative direction, in another blow for investors....
