Standard Chartered, the British-based, Asian-focused bank, said that it planned to reduce senior staff positions by 25 per cent while cutting costs and reshaping the company under its new chief executive, William T Winters.
Tensions among SABMiller's top shareholders are rising with investors in the FTSE 100 beer giant encouraging the company to open bid talks with its suitor Anheuser-Busch InBev about a potential �70bn takeover.
(Adds quotes). ATHENS Oct 10 (Reuters) - European Central Bank Governor Mario Draghi urged Greece on Saturday to stick to its latest bailout to pave the way for bank recapitalisation and talks on debt relief.
Lima: Global finance leaders believe China will weather its slowing growth and manage a successful transition from an export to a consumer economy despite a huge buildup of internal debt in the world's second largest economy.
George Osborne has warned that companies which dodge tax will face the full force of the law, as he pledged to implement new rules designed to close international loopholes and end tax havens.