London: UK retail sales last month suffered the largest drop since January 2021 when Britain was in Covid lockdown, as Christmas shoppers tightened...
London: UK retail sales last month suffered the largest drop since January 2021 when Britain was in Covid lockdown, as Christmas shoppers tightened...
Berlin: Pharmaceutical giant Bayer confirmed late Wednesday that it will be making "significant" cuts to its workforce in Germany by the end of...
Davos, Switzerland: The European Central Bank could start cutting interest rates this summer, president Christine Lagarde said Wednesday, while stressing that any such...
Washington: Artificial intelligence (AI) will impact 60 percent of jobs in advanced economies, IMF Managing Director Kristalina Georgieva told AFP, shortly before departing...
Alphabet Inc.’s Google is laying off hundreds of people working on its digital assistant, hardware and engineering teams as part of a continued...
Hertz Global Holdings Inc. plans to sell a third of its US electric vehicle fleet and reinvest in gas-powered cars due to weak...
Amazon is cutting several hundred positions across its Prime Video and MGM Studios unit. Last month Amazon said that Prime Video users would...
San Francisco: Amazon's gamer streaming unit Twitch on Wednesday announced that it was laying off 500 staff, reportedly one third of the company,...
Geneva: The global unemployment rate will increase slightly in 2024, the United Nations said Wednesday as it raised concerns about stagnant productivity, worsening...
London:Investors scaled back their bets on a cut in interest rates this year after economic data on the labor market, in addition to...
Biotech investors are heading into the year’s biggest dealmaking event with a renewed sense of optimism after more than two years of layoffs...
Paris: Supermarket chain Carrefour has stopped selling Doritos, Pepsi and other Pepsico brands at its stores in France, Belgium, Italy and Spain amidst...
Brussels: The annual rate of inflation in the eurozone rose to 2.9 percent in December mainly due to energy costs, official data showed...
Philippine inflation cooled to a 22-month low in December yet the central bank said monetary settings will remain "sufficiently tight” amid accelerating rice...
Thailand’s rice exports are expected to drop by 15% this year as a global scramble for the staple food is set to ease....
Mike Mayo is doubling down on his bullish call for Citigroup Inc. The Wells Fargo & Co. analyst has already named Citi his...
New York: US car maker Tesla has lost its crown as the top maker of all-electric vehicles to Chinese firm BYD, according to...
Bitcoin surpassed $45,000 for the first time in nearly two years as anticipation of an approval of an exchange-traded fund investing directly in...
