British employers expect to raise wages for their staff by the most in at least 11 years but the 5 per cent pay deals for workers would still fall well below expected ...
A Russian scheme to grant loan payment holidays to troops fighting in Ukraine, and for banks to write off the entire debt if they are killed or maimed, has added ...
Nestle (NESN.S) will pay a former manager 2 million Swiss francs ($2.2 million) compensation after a Swiss court upheld her claim of bullying while working at the company, newspaper Tages-Anzeiger reported.
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Facebook parent Meta Platforms Inc (META.O) has delayed finalizing the budgets of multiple teams as it prepares a fresh round of job cuts, the Financial Times reported on Saturday.
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Spending on cloud services is expected to rise by more than a fifth this year, according to a report released this week by industry analysts Canalys.
According to the report, ...
With cyberattacks on the rise against everything from businesses to critical infrastructure, companies, governments and researchers are joining forces to strengthen firewalls.
By Tom Cassauwers
In February last year, as ...
Crypto companies offering their customers eye-popping yields through so-called “staking” products are earning the ire of the US securities regulator who says such services should be registered.
Crypto exchange Kraken ...
Oil rally to $100 not ruled out by OPEC sources
So far in 2023 Brent is up slightly at just over $86
China demand rebound, lack of sizeable supply growth key drivers
Some ...
By replacing around 60 welded components with a single module, gigantic aluminium die casting machines made by the likes of Tesla supplier IDRA Group are helping carmakers to simplify manufacturing and ...
The rapid reopening of China’s economy, plunging European gas prices and cooling US inflation suggest a global recession may not be as deep and protracted as feared just weeks ...
Alphabet Inc (GOOGL.O) and rival Microsoft (MSFT.O) are once again locked in a race to rule the internet zeitgeist after the Google owner launched “Bard” in answer to ...
Finnish game maker Rovio (ROVIO.HE), best known for its Angry Birds franchise, posted a fall in fourth-quarter profit on Thursday and said the global mobile game market in 2022 declined ...
International air travel demand remained strong in December 2022, capping off a year of recovery for the sector, according to a report released this week by the International Air Transport Association (...
Adidas (ADSGn.DE) shares slumped as much as 12 per cent on Friday after the sportswear maker warned it could plunge to a loss this year for the first time in ...
UK GDP shows zero growth in Q4 after 0.2 per cent fall in Q3
Output falls 0.5 per cent in December, partly due to strikes
Economy grows 4 per cent in 2022 but still ...
Yahoo said on Thursday it plans to lay off more than 20 per cent of its total workforce as part of a major restructuring of its ad tech division.
The cuts ...
Russia to cut oil output by around 5 per cent in March
Brent rises 2.5 per cent on the news
West introduced price caps on Russian oil over Ukraine
Russia banned deals ...
The chief executive of JPMorgan Chase & Co. (JPM.N), the biggest US bank, cautioned against declaring victory against inflation too early, warning the Federal Reserve could raise interest rates ...
Airbus (AIR.PA) laid down the law to its stretched supply chain on Wednesday, with a senior US executive reminding contractors to meet timing and quality targets and recommending that ...
Unilever Plc (ULVR.L) said on Thursday it would continue to raise prices for its detergents, soaps and packaged food to offset rising input costs, and ease up those hikes ...
Alphabet Inc (GOOGL.O) lost $100 billion in market value on Wednesday after its new chatbot shared inaccurate information in a promotional video and a company event failed to dazzle, feeding ...
Egypt plans to sell stakes in at least 32 companies by the end of March 2024, Prime Minister Moustafa Madbouly said on Wednesday, dusting off plans that have largely lain dormant for ...
Access to Twitter in Turkey has been restored, the Netblocks internet observatory said on Thursday, following talks between the company and Turkish authorities about content posted after a major earthquake ...
Ratings agency Moody’s lowered Egypt’s sovereign rating by one notch to B3 from B2 on Tuesday, citing the country’s reduced external buffers and shock absorption capacity.
The ...