Citigroup Cuts 11,000 Jobs as Revenue Slumps

Citigroup Inc.’s Michael Corbat, who took over as chief executive officer less than two months ago, will cut more than 11,000 jobs and pull back from some emerging markets to drive down costs as revenue dries up at global banks.
PetroChina Misses Full Year Estimates, Trumps Peers
54:23 - China’s largest oil and gas producer missed expectations for its full year earnings. Bloomberg’s Christine Hah reports on “First Up.” (Source: Bloomberg)
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