Culture
US: Stocks rebound on jobs data relief, US-China talks
Wall Street stocks bounced on Friday as solid US employment data helped stave off concerns of an imminent downturn, while President Donald…
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Jobs
News
Trump Team Scrambles After Report He’s Killing Manufacturing Jobs
“Elon endorsed me very strongly, he actually campaigned for me.… I would’ve won Pennsylvania easily anyway, even if the governor ran, the…
Culture
US: Wall Street opens higher on jobs data optimism; Tesla rebounds
stock indexes opened higher on Friday (Jun 6) after a strong jobs report calmed worries over the health of the labour market, while Tesla…
Culture
Amazon cuts more jobs, this time in books division
Amazon has cut jobs in its books division, including at its Goodreads review site and Kindle units, the company said on Thursday. The…
Culture
US: Wall Street opens higher as investors focus on trade, key jobs data
stock indexes opened higher on Thursday (Jun 5) after signs of tariff negotiations between the US and China, while investors looked ahead…
Culture
Malaysia’s Petronas to cut more than 5,000 jobs after profits slump
The state-owned oil firm will also freeze promotions and hiring until December 2026 — Petronas, Malaysia’s state-owned oil and gas…
Culture
Procter & Gamble to cut 7,000 jobs over two years in new restructuring plan
Procter & Gamble said on Thursday (Jun 5) it would cut 7,000 jobs, or about 6 per cent, of its total workforce over the next two years, as…
Culture
Citi to cut 3,500 tech jobs in China in global revamp
Citigroup will reduce the number of employees at two of its technology centres in China by about 3,500, the bank said on Thursday (Jun 5),…
Culture
STMicro to cut 5,000 jobs in next 3 years, says CEO
STMicroelectronics expects 5,000 staff to leave the company in the next three years, including 2,800 job cuts announced earlier this year,…
Culture
Gold steady as US-China trade uncertainty offsets strong US jobs data
Gold prices held steady on Wednesday (Jun 4) as the uncertainty over US-China trade relations offset the impact of strong US jobs data…
Culture
Microsoft cuts hundreds more jobs after firing 6,000 last month
The AI boom has roiled the tech labour market because companies are prioritising AI-focused jobs and harnessing the technology to save…
Culture
HSBC cuts dozens of analyst jobs in investment banking overhaul
HSBC Holdings has culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment…
Culture
Volvo Cars to cut 5% of jobs at South Carolina plant as tariffs bite
The changes would affect about 125 of the 2,500 employees at its factory in South Carolina Volvo Cars said on Wednesday (May 7) it would…
Culture
Europe: Shares rise as markets cheer signs of easing Sino-US tensions, US jobs data
European shares surged on Friday (May 2), capping off a week filled with earnings across the continent, as signs of a potential…
News
US Hiring Stayed Strong Amid Early Days of Tariff Policy, Jobs Report Shows
U.S. employers added 177,000 jobs in April, the Labor Department reported on Friday. The unemployment rate was unchanged at 4.2 percent.…
Culture
US: Wall Street opens higher on tariff, jobs data optimism
stock indexes opened higher on Friday (May 2), as signs of a de-escalation in the trade war with China and a stronger-than-expected jobs…
Culture
Gold set for worst week in more than two months; US jobs data eyed
GOLD prices were poised for their worst weekly performance in more than two months on Friday as receding trade tensions tempered…
Business
BT plans put 140 jobs at risk
Telecommunications giant BT is planning to close its office in Londonderry with the potential loss of around 140 jobs in the city. In an…
Business
'We had jobs': Rural Romania turns to faith and far-right ahead of presidential election rerun
SASCHIZ, Romania (AP) — In a picturesque village in central Romania, 83-year-old Zoica Roth bemoans the lack of opportunities for young…
News
UPS Says It Will Cut 20,000 Jobs in Efficiency Drive
UPS said on Tuesday that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs and bolster profit. The cuts come…
Culture
Asia: Markets rise as traders gear up for earnings, key jobs data
Markets edged up on Tuesday after a largely positive day on Wall Street with investors eyeing a busy week of data and earnings releases…
Culture
Starbucks cuts 1,100 corporate jobs in bid to speed turnaround
STARBUCKS is eliminating 1,100 corporate jobs in a move aimed at increasing efficiency and quickly enacting changes to revitalise the…
Culture
Apple plans Texas factory for AI servers, 20,000 research jobs
APPLE on Monday (Feb 24) said it plans to help bring online a quarter-million-square-foot factory in Texas by 2026 to build artificial…
Culture
Apple plans US$500 billion in US investment, 20,000 research jobs in next four years
APPLE said on Monday (Feb 24) it would spend US$500 billion in US investments in the next four years that will include a giant factory in…