Barclays hit by £2bn downturn loss
The bank expects market conditions to remain tough and focuses on rationalising IT spend
Barclays will cut down on IT contractors to generate savings as profit plunges Barclays Bank has announced a profit slump of 33 per cent drop for its half-year results as a consequence of £2bn worth...
Finance and Reporting
For banks saying goodbye to LIBOR won't be easy, but artificial intelligence can help
LIBOR expires in 2021 and banks face an uphill struggle to change all their existing contracts
Oracle claims strong quarter and bright future for its cloud services
Cloud-based ERP doing particularly well, says CEO Hurd
Egress raises $40m growth funding from US private equity firm
FTV Capital lead funding round which Egress says will enable it to expand throughout the US, and continue its growth in the UK and Europe
It's time for an 'Amazon tax' on online sales, says Tesco CEO
There's a 'lethal lethal cocktail of pressures in the retail industry' says Dave Lewis
AMD's quarterly income hits a seven-year high
Beats expectations thanks to demand for Ryzen processors and Radeon graphics cards
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