Despite thriving business: American Express cuts 3500 jobs
With job cuts, rising costs are to be kept under control.
We haven't written up this one. Der Standard Wirtschaft has the full story — the link below goes straight to it.
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Energy supply: Federal government releases another part of the oil reserve
At the beginning of October, the G7 had decided to release oil reserves onto the market. Germany is now following suit. The Federal Government is focusing on diesel and heating oil.
DHL boosts US-Asia cold chain connectivity for healthcare shippers
For temperature-sensitive goods, DHL Global Forwarding has added air freight corridors connecting Cincinnati with key hubs in Asia.
Scranton sells Joventut de Badalona to a Lithuanian group and Ricky Rubio enters the club's capital
The holding company linked to the Grifols family took control of the Catalan entity in 2018, when it was on the brink of liquidation.
Rally with Flávio, reaction to Lula: what the buyside expects for Monday
The buyside still sees room for a rally in Brazilian assets on Monday if Flávio Bolsonaro wins the election, a survey by Citi shows.
Russian diesel tanker heads for U.S. following Trump-Putin deal
The first shipment of Russian diesel fuel heads for the U.S. as Trump looks for boost ahead of midterm elections. The post Russian diesel tanker heads for U.S.
Wall Street: AI sell-off continues
The central issue remains the financing of the AI boom. SpaceX is preparing a billion-dollar bond, while speculation is rampant at Meta about a possible capital increase.