Nobody at the BBC should “ever feel fear or worry while working” for the corporation, its chair said, as it launched an independent review of its workplace culture. The review, which will be led by a management consultancy firm, comes after a series of damaging scandals at the broadcaster, which led to questions being raised…
Wells Fargo on Friday reported third-quarter earnings that exceeded Wall Street expectations, causing its shares to rise. Here’s what the bank reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Adjusted earnings per share: $1.52 vs. $1.28 expected Revenue: $20.37 billion versus $20.42 billion expected Shares of the bank rose…
JPMorgan Chase CEO and Chairman Jamie Dimon speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | Reuters JPMorgan Chase CEO Jamie Dimon sees risks climbing around the world amid widening conflicts in the Middle East…
Authorities in the German city of Cologne have evacuated three hospitals and thousands of homes after the discovery of an unexploded second world war bomb during construction work on a new medical campus. The 1,000kg US aerial bomb, equipped with a front and rear impact detonator, is due to be defused on Friday. A complex…
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Wells Fargo reported lower earnings and revenue for the third quarter than a year ago on Friday amid a sizable decline in net interest income. Here’s what the bank did compared with Wall Street estimates, based on a survey of analysts by LSEG: Earnings per share: $1.42 per share, not comparable to the $1.28 cents estimate…
The Tory MP Geoffrey Cox has been missing parliamentary votes and sitting days while working at his lucrative second job as a lawyer in Mauritius, the Guardian can reveal. The former attorney general, who has declared at least £500,000 in pay from his second job this year, was on the Indian Ocean island for at…
Cameroonian authorities have banned discussions about the health of the president, Paul Biya, after the latest round of speculation about his prolonged failure to appear in public. In a 9 October letter to regional governors, the interior minister, Paul Atanga Nji, said discussing the 91-year-old president’s health was a matter of national security and “any…
The boss of the Post Office has admitted his various attempts to double his pay look “very poor” given so many branch owner-operators are still awaiting compensation over Horizon IT failings. Nevertheless, speaking to the judge-led inquiry into the scandal on Friday, Nick Read denied ever threatening to resign over his remuneration. Jason Beer KC,…
Dramatic pictures have emerged of the first floods in the Sahara in half a century. Two days of rainfall in September exceeded yearly averages in several areas of south-east Morocco and caused a deluge, officials of the country’s meteorology agency said in early October. In Tagounite, a village about 450km(280 miles) south of the capital,…
