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UPDATE 1-AmEx to avoid job cuts as it rides out coronavirus storm

American Express Co will avoid job cuts in 2020 as the credit card issuer "rides out the storm" brought on by the coronavirus pandemic, Chief Executive Officer Steve Squeri said in a video https://www.linkedin.com/posts/american-express_our-most-important-asset-is-our-colleague-activity-6650421532881403904-jgJs message to employees on LinkedIn.

[ reuters.com ] companyNews,

BRIEF-Block trading deal on EFG-Hermes shares implemented - bourse

* A block trade was implemented on Aug. 1 for 72,601,532 shares of EFG-Hermes with a total value of 938,011,793 Egyptian pounds ($105.63 million), a bourse statement said. Source text: http://www.egx.com.eg/arabic/BulletinNews.aspx?BCODE=38111&All= Further company coverage: ($1 = 8.8799 Egyptian pounds) (Reporting by Asma Alsharif)

[ reuters.com ] financialsSector,
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