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Business
Meta is laying off 8,000 workers, about 10 per cent of its workforce, to enhance efficiency and focus on artificial intelligence investments. Concurrently, Microsoft is offering voluntary buyouts to approximately 8,750 employees, marking a significant shift for the company amid industry-wide cost adjustments.
Oil prices surged above $106 per barrel amid escalating US-Iran tensions in the Strait of Hormuz, following reciprocal vessel seizures. The increase represents a nearly 5% rise since late Wednesday, reflecting concerns over shipping disruptions in a key global energy transit route.
US liquefied natural gas exporters are poised to gain as markets plummet amid the Iran war: Markets are plummeting as the conflict escalates – but not every industry is affected.
Japan stocks jump 10% after global markets slump Japanese stocks bounced back on Tuesday morning,…
Asia stock markets plunge after US shares tumbled Asian markets took a major hit on…
US hints at September interest rate cut The US Federal Reserve may lower borrowing costs…
Australia’s third largest airline enters administration Australia’s third-largest airline, Rex Airlines, has entered voluntary administration…
Amazon responsible for product recalls, says US US regulators have determined that Amazon is responsible…
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