HSBC sets out scale of cost cuts under chief executive’s restructuring plan
Bank targets $1.5bn cut from annual cost base by next year as it reports $2.3bn fourth-quarter profit
Read more at Financial Times
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HSBC to unveil $1.5bn savings as restructuring by new CEO kicks in
Georges Elhedery has started wide-ranging shake-up of Europe’s biggest bankFinancial Times - Feb. 14 -
Firms plan job cuts as employment costs rise
Companies' confidence falls as they face increases to National Insurance payments and wagesBBC News - 3d -
Trump Orders Plans for ‘Large Scale’ Work Force Cuts and Expands Musk’s Power
The latest executive order by the president made clear that the billionaire’s cost-cutting team will have continuing oversight of the Civil Service.The New York Times - Feb. 12 -
Chevron will slash up to 20% of its workforce as part of cost-cutting plan
The layoffs will begin this year with most of the cuts complete before the end of 2026.CNBC - Feb. 13 -
Reform UK sets out plan to tax renewable energy
Deputy leader Richard Tice argues net-zero policies are to blame for higher energy bills in the UK.BBC News - Feb. 12 -
Live updates: Trump says he plans to give Americans '20 percent' from DOGE cost cuts
President Trump is spending much of Wednesday in Florida, but is still making waves in Washington. Ahead of attending a Saudi investment conference in Miami, the president has traded barbs with ...The Hill - 1d -
BP set to scale back green investments as profits drop sharply
The oil giant is widely expected to say it will scale back on renewables later this month.BBC News - Feb. 11 -
Trump signs executive order asking for recommendations on lowering IVF costs
President Trump on Tuesday signed an executive order directing federal agencies to find ways to reduce the high cost of in vitro fertilization (IVF) treatment. The order directs the Domestic ...The Hill - 2d -
Trump signs executive order aimed at reducing IVF costs
President Trump on Tuesday signed an executive order that directs his administration to find ways to reduce the high costs of in vitro fertilization, or IVF.CBS News - 2d
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US objects to phrase ‘Russian aggression’ in G7 statement on Ukraine
Trump administration splits with allies on holding Moscow responsible for warFinancial Times - 4h -
Ukrainians rigged Russian drone pilot goggles with explosives, officials say
Mossad pager attacks inspired sabotage by Kyiv’s defence intelligence unitFinancial Times - 13h -
Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - 2h -
The Maga-fied right is missing Britain’s real crisis
It’s not a terminal moral malaise that’s blighting the country, it’s an economic oneFinancial Times - 13h -
US tech will pay a price for Trump’s approval
The risks of a backlash are rising and could galvanise European competitorsFinancial Times - 8h
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Japan's inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members
Core inflation — which excludes prices of fresh food — rose to 3.2% from 3% in the prior month and beat economists' expectations of 3.1%, according to a Reuters poll.CNBC - 22m -
Meta approves plan for bigger executives bonuses following 5% layoffs
Meta's executive officers could earn a bonus of 200% of their base salary under the company's new executive bonus plan, up from the 75% they earned previously.CNBC - 40m -
Rivian hits a milestone, but its stock reaction is muted
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Live Nation expects a big 2025, boosted by stadium shows, but sees some bumps in the first quarter
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These are the factors weighing on Block’s stock after earnings
Block expects accelerating growth as the year goes on, but investors may have wanted more from the company’s overall gross-profit outlook.MarketWatch - 52m