Barclays scraps EU bonus cap for senior bankers
Barclays has become the latest bank to substantially raise a cap on bonuses for its top bankers, an internal memo seen by Reuters showed on Thursday.
Operation asian news
Siemens earnings beat estimates on strong demand for electrification, software
German industrial technology giant Siemens on Thursday posted better-than-expected quarterly operating profit and confirmed its full-year outlook.
3,000 evacuated, state of emergency declared after Ukraine’s raid into Russia
Thousands of residents have been evacuated and a state of emergency has been declared in Kursk after Ukraine launched a rare incursion into the Russian border region earlier this week.
India’s ‘derailment minister’ slammed for fatal train accidents, years of track neglect
Eight train derailments occurred last month on different heavily used routes in northern India, with two more incidents reported earlier in August.
China's exporters enjoyed the benefits of a weak yuan. Now that's changing and cutting into profits
BEIJING — Chinese companies seeking growth from exports face a new challenge: a strengthening yuan.
Banks face tough new security standards in the EU — their tech suppliers are under scrutiny, too
Financial services companies and their digital technology suppliers are under intense pressure to achieve compliance with strict new rules from the EU that require them to boost their cyber resilience.
Google's antitrust ruling has experts looking to 25-year-old Microsoft case for answers
In ruling Monday that Googlehas held a monopoly in internet search, U.S. judge Amit Mehta invoked the company at the center of the most famous tech antitrust case in U.S. history: Microsoft.
U.S. sends another carrier from Asia to Middle East, widening Pacific gap
WASHINGTON -- The U.S. decision to redirect the USS Abraham Lincoln to the Middle East away from Asia leaves the West Pacific dangerously open until a newly refurbished aircraft carrier arrives in Japan later this year, according to defense analysts.