Tag Archives: working

Banks working on legal pact for ‘good’ loans

MUMBAI: Banks, led by state-run lenders, are working on a legal agreement for “good” loans, a senior banker in know of the development said, much like the inter creditor agreement they already have in place for dealing with bad loans by large borrowers. Most banks have made changes to their credit processes after bad debts piled up, with many either cutting down ... Read More »

Elon Musk is a genius but working with him is messy, say Tesla employees

Elon Musk is a name that needs no introduction. Today, his name is synonymous Tesla, the company that has revolutionised the way the world, and even the car-making veterans like BMW and Mercedes-Benz and Audi, looks at cars. However, Tesla is not the only reason why Musk has become a popular figure in the present time. The SpaceX founder, apart ... Read More »

The Economy Is Working For Workers, Washington Isn’t

Amid endless stories of Washington’s dysfunction, another powerful story is emerging, and it seems almost independent of any actions of the President or Congress. In poll after poll, public perceptions of the economy’s performance are up. People’s views of their own situations are more positive than at any time in the past 15 years. In its mid-September preliminary analysis of ... Read More »

JD Sports to investigate ‘worse than prison’ working conditions after undercover exposé

JD Sports announced an investigation into conditions at its main warehouse after an undercover film showed workers “treated like scum” and allegedly paid less than the minimum wage. The company said it was “deeply disappointed and concerned” by footage broadcast on Channel 4 News that showed staff complaining that conditions were “worse than a prison”. On Wednesday the company said ... Read More »

RBS says debit cards working normally after glitches for customers in Britain

Royal Bank of Scotland (RBS.L) said its debit cards are now working normally after customers experienced problems across Britain earlier on Friday, in the latest apparent glitch to hit the bank’s IT systems. Some customers using the group’s RBS, Natwest and Ulster Bank brands in Britain and Northern Ireland had been unable to make pound sterling-denominated transactions. “Our debit cards ... Read More »