Cathay Pacific freezes new hiring, to focus on cost cuts: memo


Image source :
Cathay Pacific Airways Ltd has put a freeze on new hiring, according to an internal memo seen by Reuters, as the airline battles a slump in demand from fliers avoiding Hong Kong amid massive anti-government protests in the city.
 ▼ Related news : 
Tui Airways adds extra flights by hiring Thomas Cook cabin and crew
City A.M  
SEC freezes assets of 18 traders over alleged manipulation
U.S. SEC freezes assets of 18 traders over alleged manipulation
SEC freezes assets of 18 China-based traders over manipulation
Administrator freezes another Woodford fund after bruising day
City A.M  
Trump asks Turkey for ceasefire and orders sanctions as violence escalates
The Guardian  
British Airways owner confident Boeing's 737 Max will resume flights
Evening Standard  
The SNP leadership has defeated the Salmondites in national secretary vote
New Statesman  
IRS Says 2 Million ITINs To Expire In 2019, Encourages Taxpayers To Renew Now  
Nicola Sturgeon accuses SNP rebels of helping Unionists
Herald Scotland  
Labour party pledges to ban sale of non-electric cars by 2030
The Guardian  
MEPs vote down Macron's nominee for European Commission internal market post
France 24  
ITV's Peston warns EU to brace for furious 'internal rebellion' if Brexit delay demanded
Daily Express  
ProPetro rejigs management after internal probe into accounting disclosures
Top News !
  The gym 24/7 Fitness in Norwich is to close on November 15, being taken over by Pure Gym, after blaming ‘increased competition and overhead costs.’
  Honeywell International Inc reported a 30% fall in quarterly profit on Thursday, as it sold off some businesses last year.
  Prosecutors say Swiss energy trader lacked measures to prevent staff bribing officials
  ALDI has launched its own free online wine course – the “Aldiploma” – to help baffled shoppers navigate the wine aisle. The course is ideal for ...
  Smart money: Is now the right time for politicians to be promising tax cuts?
  A fast-growing tech company is moving into Sheffield’s new digital hub in a big boost for an up-and-coming area of the city.
  Norwegian Air and JetBlue Airways have agreed to form a partnership that will allow customers to book flights on each others' aircraft, with a planned startup in ...
  National Express looked to North America, Spain and Morocco for growth as it controlled rising wages for school bus drivers in the US, helping to drive up margins.
  THE Pound has jumped against the Euro after Prime Minister Boris Johnson confirmed he’s agreed a Brexit deal with EU chiefs. Sterling reached €1.1635..
  The value of sterling rises after Boris Johnson says a "great new deal" has been agreed.
  Japanese Emperor Naruhito is set to proclaim his enthronement to the world next week in a centuries-old ceremony attended by some 2,500...
  FT's Katie Martin looks at how political uncertainty is hitting sterling
  MOTORISTS can get more for their money at Asda as the retailer has slashed pump prices by up to 3p a litre. The move, which takes force this morning, sees 3p a...
  Pizza deliveries giant Domino's on Thursday said it will pull out of all international markets, in a move by the outgoing boss to let his successor focus on the difficult ...
  Major food producers have sounded the alarm bell over concerns that the government will "sacrifice" British standards in order to secure post-Brexit trade deals.
  IMF outlook focuses on the hard problem of regional divergence
  Shopping centres owner Capital & Regional on Thursday recommended that shareholders accept a £150 million deal for South Africa's Growthpoint...
  Dublin food hall’s plan for three-storey extension to flagship store faces objection
  Consumer goods behemoth Unilever on Thursday posted weaker-than-expected sales growth, as it failed to match some of the booming trade it saw during Britain's...
  Pizza delivery giant’s mounting losses prompts plan to sell up and leave four markets Domino’s Pizza, Britain’s biggest pizza delivery company, will pull out of Scandinavia...
  Little-known hotelier Unizo Holdings Co Ltd has found itself the center of private equity attention, with global names vying for the opportunity to buy...
  While WH Smith looks set to continue losing money across its high street branches in the UK, the deal with Marshall will enable...
  British retailer WH Smith Plc made its second major foray into U.S. airports on Thursday with a $400 million purchase of Marshall Retail Group, expanding...
  September data spark concerns weak business confidence is spreading to households
About - Privacy & Terms -
Copyright © 2015 - Hosted on Linode