Tag Archives: plans

The Kremlin said Wednesday, November 6 that Russian President Vladimir Putin has no plans to congratulate U.S. President-elect Trump on his victory.     Kremlin press secretary Dmitry Peskov told reporters at a briefing that U.S.-Russian relations were at “their lowest point in history” and that he could not say anything about Putin’s reaction.   “It is practically impossible to …

Reviving securitisation, the controversial banking mechanism linked to the 2008 financial crisis, will put taxpayers at risk without boosting lending, Finance Watch said. ADVERTISEMENT The EU’s hopes of boosting finance via the controversial practice of securitisation could prove futile, according to a report published on Tuesday by think tank Finance Watch.  Banks have argued they should once again be allowed to …

Intesa Sanpaolo is to cut thousands of jobs and focus on a more resilient business model including more use of artificial intelligence and digitalisation. ADVERTISEMENT Italy’s largest bank, Intesa Sanpaolo, is to cut thousands of jobs in an attempt to decrease costs and speed up the company’s digital transformation.  The cuts account for nearly 10% of the bank’s current workforce. …

Liam Payne’s girlfriend has paid a heartbreaking tribute to her late boyfriend, revealing that they were planning to get married within the year.     The former One Direction singer fell 45ft to his death from a hotel balcony in Argentina last Wednesday at the age of 31.     In a new and emotional tribute to the late One …

AIB, one of the largest Irish banks, is planning a multi-million euro refit of its branches as it seeks to reiterate its commitment to maintaining its strong branch network in Ireland. ADVERTISEMENT Allied Irish Banks (AIB) is planning to invest some €40m in upgrading its network of branches throughout Ireland. This will mean 35 refurbishments, and will involve 112 branches, …

The Federal government has said with the new curriculum set to be rolled out for Basic and  Senior Secondary Education in Nigeria, every student must graduate with at least two skills.   The Minister of Education, Prof Tahir Mamman stated this at the 68th National Council on Education (NEC) meeting in Abuja on Thursday, October 10. He said the new …

BP has been facing increasing pressure from investors and stakeholders to cut down its green ambitions and to stay within the more profitable fossil fuels sector. Environmental groups are angry. ADVERTISEMENT Oil giant BP is reportedly giving up its target to reduce its oil production in the next five years as part of a change of strategy, more of which …

Governor Umo Eno of Akwa Ibom State has appointed his daughter, Helen Eno-Obareki, as the Acting First Lady of the state.    This comes weeks after losing his wife, Pastor Patience Eno.   The governor made the announcement during a condolence visit by Nigeria’s First Lady, Senator Oluremi Tinubu, and other dignitaries in Uyo, the state capital on Friday, October …

Governor Umo Eno of Akwa Ibom State has appointed his daughter, Helen Eno-Obareki, as the Acting First Lady of the state.    This comes weeks after losing his wife, Pastor Patience Eno.   The governor made the announcement during a condolence visit by Nigeria’s First Lady, Senator Oluremi Tinubu, and other dignitaries in Uyo, the state capital on Friday, October …

Dutch airline KLM said it is planning ‘painful’ cost-cutting to combat high costs and staff shortages. ADVERTISEMENT Dutch airline KLM announced a “painful” round of cost-cutting and other measures on Thursday aimed at boosting the carrier’s finances as it continues to recover from the COVID pandemic that grounded planes worldwide. CEO Marjan Rintel said KLM, along with many other airlines, …