Bank of England plans staffing cuts because of budget pressures

Bank of England plans staffing cuts because of budget pressures

[ad_1] [LONDON] The Bank of England is planning to reduce head count as its finances become strained by the cost of the modernisations recommended by Ben Bernanke. The UK central bank has invited staff members to volunteer for potential layoffs, according to two people familiar with the matter. If it fails to meet efficiency targets…

Read More

US and Israel respond to Iran navy muscle flexing

US and Israel respond to Iran navy muscle flexing

[ad_1] Israel and United States 5th Fleet warships are conducting coordinated naval drills amid rising tensions in the Middle East. The exercises follow recent Iranian maneuvers in the Persian Gulf, during which Tehran tested missiles and issued warnings to American vessels. Israeli and U.S. officials say the drills are intended to strengthen coordination, test operational…

Read More

OCBC invests in low-carbon steel in Malaysia’s Sabah

OCBC invests in low-carbon steel in Malaysia’s Sabah

[ad_1] The investment is for the development of a hot briquetted iron plant, which will be part of South-east Asia’s largest integrated low-carbon steel plant [SINGAPORE] OCBC’s mezzanine capital unit has invested in the development of a low-carbon steel plant in Malaysia’s Sabah state, said the bank in a media release on Monday (Dec 8).…

Read More

Marrakech Winners: Erige Sehiri’s ‘Promised Sky’ Wins Etoile D’Or As Tunisian Director Preps 3rd Film About Women At Work Set In A Hammamet Hotel

Marrakech Winners: Erige Sehiri’s ‘Promised Sky’ Wins Etoile D’Or As Tunisian Director Preps 3rd Film About Women At  Work Set In A Hammamet Hotel

[ad_1] Tunisian director Erige Sehiri scooped the Marrakech Film Festival’s top Etoile d’Or prize for her female-led feature Promised Sky over the weekend.   The drama about three Ivorian women living together in the Tunisian capital of Tunis, is Sehiri’s second fiction feature after 2022 Directors’ Fortnight selection Under the Fig Trees. Promised Sky cast…

Read More

AI Start-Up My SMASH Media Secures Funding & Brings Former Glasgow Film Festival Director Allison Gardner On Board

AI Start-Up My SMASH Media Secures Funding & Brings Former Glasgow Film Festival Director Allison Gardner On Board

[ad_1] EXCLUSIVE: AI start-up My SMASH Media has secured additional funding and recruited Allison Gardner, the former Director of the Glasgow Film Festival and a very well-known industry figure in the UK business. The Edinburgh-based company has an AI-powered matchmaking tool for the film business called SMASHCupid, and Gardner coming on board coincides with it…

Read More

Starbucks teases return of bearista cup fan favorite

Starbucks teases return of bearista cup fan favorite

[ad_1] Starbucks has revealed that its Bearista cups have been restocked, after they sold out almost immediately following their launch in November. The company revealed that the cups would be available again from Monday. “Your chance is in the Starbucks app. Tomorrow, 12/8,” it wrote on Instagram on Sunday. The cup, which costs $29.95, was launched in…

Read More