NEWYORK: Goldman Sachs Group Inc is cutting more jobs in its securities units, extending reductions in fixed-income operations this year to about 10 percent of workers there, according to people with knowledge of the situation. The dismissals in New York and London this week build on cuts that already had targeted about 8 percent of fixed-income personnel through last month, people with knowledge of the matter said. The push also affects the equities division, one person said. The Wall Street Journal reported the recent escalation of fixed-income reductions earlier on Thursday. Michael DuVally, a company spokesman, declined to comment on the expansion.
New transit framework with Iran to position Pakistan as regional trade hub: ICCI
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI), has warmly welcomed the federal government’s recent decision to facilitate the transit...
