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HSBC adds to sweeping bank job cuts in Europe

HSBC Holdings Plc is poised to chop about 700 jobs in its UK retail bank arm, as staff cuts begin in earnest at banks across Europe battling a limp economic recovery, trading woes and tougher regulation.
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Massive Public Sector Strike Waged in UK

A 24-hour strike has stalled schools and business in the UK as union workers fight against pension cuts. Our members are faced with everything they have ever worked for being taken away from them, Public and Commercial Services Union spokesman Richard Simcox told IBTimes.
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Investors stay cautious as H2 starts: Reuters poll

LONDON - Investors have become a little more upbeat heading into the second half of the year, lifting stock allocations from 2011 lows but remaining cautious with plenty of safe-haven cash and bonds.
Pedestrians pass the head office of Lloyds Banking Group in central London

Lloyds Bank Cuts 15,000 More Jobs

Lloyds Banking Group plc (NYSE: LYG) said it will slash 15,000 more jobs – about 14 percent of its current workforce -- in an attempt to save about £1.5-billion ($2.4-billion) by 2014 and return the British lender to profitability.
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HMV to refocus on gadgets as profits slump

British retailer HMV Group Plc aims to ramp up sales of MP3 players, headphones and tablet computers to offset sliding demand for CDs and DVDs and inspire a recovery from near collapse.
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Futures point higher after 3-day rally

Stock index futures pointed to a fourth day of gains for Wall Street on Thursday, the day the Federal Reserve ends its QE2 bond buying program, as optimism that Greece's debt problems are getting resolved helped lift equities from their recent lows.
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Lloyds to cut 15,000 jobs in strategy revamp

Lloyds unveiled plans to cut 15,000 jobs, reduce costs and sell assets in a strategy review aimed at boosting the fortunes of the bank which had to be part-nationalized during the credit crisis.
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Study finds text messages help smokers quit

Smokers are twice as likely to quit when they get text messages urging them to stick to their goal of being smoke free compared with those who receive texts with no motivational messages, a British study has found.

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