Tag: Barclays

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Factbox: Global banks cut jobs as cost pressures mount

Global banks are in the process of cutting at least 5,000 jobs as profits at lucrative investment banking units come under pressure from volatility...

Barclays sees $15-25/bbl downside to its oil view if slowdown worsens

Barclays said on Tuesday it remained "constructive" on oil prices, but cautioned that a worsening in global manufacturing activity could pose a downside risk...

Barclays to hand homeowners up to £2,000 for going green in their homes

Barclays will start paying up to £2,000 to its mortgage holders to help them green their home as three in four say they cannot...

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Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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