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LONDON:HSBC Holdings is planning to cut up to 10,000 jobs, more than 4% of its workforce, as interim Chief Executive Officer Noel Quinn seeks to reduce costs across the banking group, the Financial Times reported on Sunday.The plan represents the lender's most ambitious attempt in years to cut costs, the newspaper said citing two people briefed on the matter. It said the cuts will focus mainly on high-paid roles.HSBC declined to comment on the FT report.The bank had 237,685 f
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KARACHI:Initial report infant girl's death due to fire eruption in the National Institute of Child Health was released by a four-member investigation committee, constituted on Sindh Chief Min
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air max command esday.The committee had visited the hospital on January 10 and surveyed the paediatric ward at the facility before finalising the report.According to the committee's findings, the fire broke out as a result of short circuit in an incubator and the consequent combustion was enhanced by the presence of oxygen inside the incubator. The CCTV footage of the incidents reveals that fire erupted at 6.22am in the morning and no staff was present in the ward at the time of the incident, the report states. Referring to the absence of the hospital staff, the report terms the behaviour unprofessional and evident of hospital administration's negligence. It is also pointed out in the reported that there is no emergency ex
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