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Citi to cut about 1,000 jobs this week

CITIGROUP is set to cut about 1,000 jobs this week as part of chief executive Jane Fraser’s march to keep a lid on costs and improve returns at the Wall Street bank. The company, which had…

Asian markets track Wall Street record after Fed cut

ASIAN equities rose on Friday as investors tracked a record day on Wall Street in the wake of the Federal Reserve’s latest interest rate cut. The gains came despite renewed concerns about…