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American banking holding Morgan Stanley said that it intends to transport from 400 to 500 jobs from the UK in anticipation of the country's withdrawal from the EU, Bloomberg reported. The staff of the bank is 5 thousand employees. Thus, this step will affect about 10% of the staff. According to Morgan Stanley, the impact of the moving on the bank will be moderately negative, and the concentration of activities in London after Brexit will not allow it to fully achieve the goal of becoming a strong leader in the European region. The legal organization Morgan Stanley in the European Union will be based in Germany, the investment unit will move to Ireland. The number of staff in Milan and Paris will increase.
On Wednesday, Tesla Inc. (TSLA.O) posted its second-quarter profit worth $104 Million from April to June despite shutting down its electric vehicle factory in Fremont, California for roughly seven weeks due to the coronavirus pandemic. Tesla ...
SensorTower announced on Wednesday that Apple (AAPL) removed more than 2,500 games from the China App Store in the first week of July. The move came after the U.S. tech giant closed a loophole to comply with China’s license requirements. Apple ...
Tesla Inc.’s (TSLA) Chief Executive Officer Elon Musk announced on Thursday that Wall Street’s most controversial stock might join the S&P 500 after the company’s market value has risen from $50 billion to more than $250 ...
On Wednesday, Ryanair's (RYA.I) Chief Executive Officer Michael Kevin O'Leary announced that around 3,500 jobs would be slashed at the airline unless it could agree on a series of pay cuts with staff. The warning came after the company resumed ...
The breakfast and coffee chain Dunkin’ Brands Group Inc. (DNKN.O) stated on Monday that its franchise operators are planning to hire up to 25,000 employees in light of high demand after the United States reopened the restaurant industry. The ...
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