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.
Lahore Appraisement foils bid to smuggle goods, items worth Rs1.36b
LAHORE: The Collector of Customs Appraisement West Zahra Haider has foiled a bid to smuggle goods and articles worth Rs1.36...