Author: News Desk

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Spotify cuts almost 1,600 jobs amid rising costs Streaming giant Spotify is to cut almost 1,600 jobs, with the company pointing fingers at a slowing economy and higher borrowing costs. Spotify billionaire founder and boss Daniel Ek revealed the company had decided to cut 17% of its workforce, the third and steepest round of redundancies of 2023. Ek told employees they would receive a calendar invitation “within the next two hours from HR for a one-on-one conversation” if they were affected by the cuts, in a message to staff published on Spotify’s website on Monday. 2023 has been marked by…

Forget what you knew about stars.

Gold hits record-high Gold has climbed to a record high for the second session in a row, as investors flock to the traditional safe haven asset amid hopes of interest rate cuts in the months ahead. The gold price has hit $2,111.39 per ounce, taking it over the record set on Friday night and further above the previous record set in August 2020. Gold has strengthened amid hopes that the cycle of interest rate increases over the last couple of years has now ended, and that central banks will turn their attention to cutting borrowing costs in 2024. That has…

A BBC spokesman said: ‘The BBC will continue to focus on what it does best: working to deliver world-class content and providing great value for all audiences.’

Detectives have released footage allegedly showing robbers ripping a man’s watch off his wrist after pulling him and his wife to the ground.

A ‘tsunami’ of deaths could hit the UK as a dangerous new synthetic opioid is being cut into drugs.

Mount Marapi: Eleven hikers killed as volcano erupts in Indonesia Indonesia’s Mount Marapi volcano erupted over the weekend, claiming the lives of at least 11 hikers, who were found dead near the crater, rescuers say.  Twelve hikers remain missing and following another smaller eruption the search has been suspended. There were 75 hikers in the area during the main eruption on Sunday – most were safely evacuated.

Clooney is breaking the mould as a director with his new film.

‘Please do not buy or eat these bars and if you think you’ve bought a fake chocolate bar, or if you see something that does not seem right when you are shopping, report it to your Local Authority.’