IAG Plans 4,500 Job Cuts at Spanish Unit Iberia

British Airways parent International Consolidated Airlines Group SA said it will eliminate 4,500 jobs at Spanish unit Iberia -- or more than one-fifth of the total -- after third-quarter profit tumbled 25 percent.

LGT Capital's Kumada: Don't Be Too Negative on Japan
01:28 - Mikio Kumada, global strategist and executive director at LGT Capital Partners, discusses Japan's inflation data, the economy and the volatility of the yen. He speaks to Bloomberg's Angie Lau and David Ingles on "Bloomberg Markets." (Source: Bloomberg)
  • UOB Profit Falls on Soured Assets
  • Are Markets Unprepared for a Donald Trump Victory?
  • Tata Group Seeks Partner After Fallout