Business
Deadly landslides and flooding cut off 300 communities in Mexico
MEXICO CITY (AP) — More than 300 communities in central and eastern Mexico remained cut off by deadly landslides and flooding on Tuesday,…
Tag
Cut
Culture
Tata Consultancy Services slashes 19,755 jobs in biggest workforce cut amid AI, US strains
Tata Consultancy Services (TCS) made its steepest-ever job cuts as strained ties with the US and a rapid shift towards artificial…
Culture
RBNZ surprises with larger rate cut, sparking currency drop
Growth has been tepid since a deep recession in 2024 despite the the central bank’s aggressive easing cycle New Zealand’s central bank cut…
Culture
German auto supplier ZF Group to cut 7,600 jobs in powertrain unit by 2030
The move is part of a broader plan announced by the company last year to eliminate up to 14,000 positions ZF Friedrichshafen will cut…
Culture
New Thai central bank chief’s arrival fuels bets of larger cut
The leadership transition at the bank also comes as the country sees its third government change in just over two years When Vitai…
Culture
Lufthansa to cut thousands of jobs in pursuit of efficiency
The airline group intends to reduce its administrative staff by 20% in the coming years Lufthansa is expected to announce several thousand…
Culture
Bosch to cut 13,000 jobs to bring down costs in tough autos market
Germany’s Robert Bosch will cut 13,000 jobs as the world’s top autos supplier battles a sluggish market, high costs and pressure from…
World
Gary Shteyngart’s Tragicomedy of the Penis in “The Guy Who Got Cut Wrong”
Watch “The Guy Who Got Cut Wrong.” Gary Shteyngart was just seven years old when his family emigrated from the Soviet Union and settled in…
Culture
Oil prices slip as robust supply outweighs Fed cut
Oil prices dropped on Friday (Sep 19) as worries about large supplies and declining demand outweighed expectations that the year’s first…
Beauty
A Cut Above: All the Best Bobs From New York Fashion Week
What’s the haircut of 2025? If Phil Oh’s photos from spring 2026 New York Fashion Week are any indication, it’s the bob. “About 30% of our…
News
Republicans Cut Off Democrat Trying to Introduce Motion on Epstein
House Republicans wouldn’t even let their Democratic colleague finish reading a motion to subpoena Treasury Secretary Scott Bessent…
Culture
Indonesia central bank delivers surprise rate cut to boost growth
Indonesia’s central bank delivered another surprise interest rate cut on Wednesday (Sep 17), its sixth cut since it kicked off an easing…
Culture
US: Wall Street opens higher on rate cut expectations
Wall Street’s main indexes opened higher on Tuesday (Sep 16) as investors priced in expected interest rate cuts from the Federal Reserve…
Culture
Asia: Markets rise as traders prepare for expected US rate cut
ASIAN stocks rose again on Tuesday to extend another record day on Wall Street as traders locked in bets on a US interest rate cut this…
Culture
Whether it’s one rate cut or more, Fed’s Powell likely to act with caution as inflation stays high
US central bank expected to cut rates by 25 basis points to a range of between 4% and 4.25 % this week A US Federal Reserve rate cut this…
Culture
Asia: Markets fluctuate ahead of expected US rate cut
ASIAN markets were mixed on Monday as traders geared up for an expected interest rate cut by the Federal Reserve this week. Equities have…
Culture
Trump expects a ‘big cut’ from Federal Reserve this week
Recent weak economic reports are raising concerns that the labour market may slide into a deeper slowdown, threatening consumer spending…
Culture
JPMorgan postpones ECB rate cut forecast to December after policy meeting
JPMORGAN now expects the European Central Bank to lower interest rates in December this year compared to its prior forecast of a…
Culture
Asia: Stocks surge into weekend with US rate cut ‘seemingly locked in’
ASIAN markets surged again on Friday, tracking record highs across Wall Street, after US inflation and jobs data all but set in stone a…
Culture
US: Major indexes notch fresh records on rate cut hopes
Wall Street’s major indexes hit fresh records on Thursday as US inflation and jobless claims data added to conviction that the Federal…
Culture
US: Wall St opens higher after inflation data keeps rate cut bets firm
Wall Street’s main indexes opened slightly higher on Thursday (Sep 11) after the latest inflation reading kept the US central bank on…
Culture
Asia: Markets mostly up as producer price data stokes rate cut bets
ASIAN equities mostly rose on Thursday as investors built on this week’s rally after US data ramped up expectations for a string of…
Culture
Asian markets enjoy record day as new US jobs data fans rate cut hopes
Asian markets extended gains on Wednesday (Sep 10), with Tokyo and Seoul emulating a record day on Wall Street as fresh data pointing to a…
Culture
Wegovy-maker Novo Nordisk to cut 9,000 jobs in restructuring
Wegovy-maker Novo Nordisk will cut 9,000 jobs, or about 11.5 per cent of its workforce, in a restructuring to save eight billion Danish…