Tag: big losses

NBA: Heat’s Big 3 era ends as deal struck for Bosh to go: report

MIAMI, United States (AFP) — Chris Bosh and the Miami Heat, divided on whether or not the 11-time All-Star forward can keep playing after blood clots, have reached a tentative deal to part ways, ESPN reported Wednesday. Talks that included the NBA players union brought a final end to the “Big Three” era in Miami that saw LeBron James, now with reigning NBA champion Cleveland, and Dwyane Wade, now at Chicago, combine with Bosh to […]

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Deutsche Bank to cut 3,000 jobs in Germany

BERLIN, Germany (AFP) — Deutsche Bank announced Thursday plans to cut 3,000 jobs and almost 200 bank branches throughout Germany, part of a vast overhaul following big losses and scandals at Germany’s biggest lender. “It is a painful decision to reduce jobs. Unfortunately, this step cannot be avoided if Deutsche Bank is to remain competitive in the long term,” board member Christian Sewing said in a statement. Almost 3,000 jobs will be cut in the […]

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