Standard Chartered is hiring 750 staff in Warsaw
POLISH OFF London-based lender Standard Chartered is hiring 750 staff in Poland’s capital Warsaw to provide back-office services.
Stanchart – which earns most of its money in the Middle East, Africa and Asia – said the roles will include finance and legal support workers.
Warsaw is increasingly popular with global banks because of its cheap rents and low wages.
PLANE TALK Retirement firm Legal & General is taking on responsibility for a £325million pension pot for Heathrow Airport.
The deal means Heathrow will no longer have to worry about possible funding shortfalls for the scheme, which covers 1,300 retired staff.
FARMERS’ MARKET Online groceries business Farmdrop has raised £10million from investors.
Backers included LGT Impact Ventures and Belltown Ventures. London-based Farmdrop lets customers order farm produce which is then delivered to their door.
BINGE GAMING Games are being added to Netflix, including the popular Minecraft Story Mode.
The video streaming business said it would go alongside ‘interactive stories’, which allow viewers to make storyline decisions at certain points.
TAX BACK City councillors in Seattle, Amazon’s home city, have backed down in a battle with the tech giant over a tax-per-head on employees.
They accused the company of bullying tactics after it threatened to stop construction of new offices if the tax was implemented.
The local authority had argued that the cash was needed to help the homeless.
METAL STAKE Car maker Mitsubishi is increasing its stake in Anglo-American’s Quellaveco copper mine in Peru, paying £477million to take its stake to around 60 per cent.
Copper is a key material in batteries that power electric vehicles.
ACCIDENT REPORT US Engineering consultancy Thornton Tomasetti has bought oil and gas industry accident investigator MMI Engineering, based in Warrington, Cheshire, for an undisclosed sum.
CASH IN AIM-listed Mongolian oil explorer Petro Matad has raised £13.7million by selling more than 136m new shares.
GOING DOWN Airline Etihad has posted a loss for the second year as higher fuel costs associated with partners Alitalia and now-defunct Air Berlin dragged the firm down.
CARING SHARING Social care services provider Care Tech lifted its dividend 6.1 per cent as first-half pre-tax profit jumped 21 per cent to £8.5million.