Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
Stocks in Asia Pacific edged up in Friday morning trade as a series of developments overnight on the U.S.-China trade front dampened hopes.Asia Marketsread more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
Gunfire erupted on the streets of Washington, D.C., on Thursday night and at least several people were shot, local media reported.U.S. Newsread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
Asian cities are on the rise and are dominant in the Fintech space.Financeread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
The Pentagon on Thursday said the recent attack on Saudi Arabian oil facilities were "sophisticated" and represented a "dramatic escalation" in tensions within the region.Defenseread more
Societe Generale said on Monday it plans to close more branches and cut staff in its French retail banking network while selling assets, as part of a three-year plan to boost returns.
Chief Executive Frederic Oudea, who took the top job following a rogue trader scandal in 2008, is under pressure to boost profitability in the face of tougher regulation and client demand for increasing investment in new technologies.
France's third-largest listed bank unveiled a 1.1 billion euros savings plan that will cut 900 jobs in its French retail bank, close 300 branches and reduce the number of back office centres.
It is also seeking to increase revenue by more than 3 percent annually - with the slowest growth seen coming from French retail and the strongest from international retail banking and financial services.
The bank's shares have underperformed peers so far this year amid fears that pending legal disputes could hurt dividends.
But SocGen said it was targeting progressive dividend growth, with a 50 percent payout ratio and 2.20 euro floor - matching what it paid on 2016 results - to apply from 2017.
It also said it could sell or close sub-scale businesses accounting for around 5 percent of the group's risk-weighted assets, which stood at 353 billion euros as of Sept 30.