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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.
Markets Indices Crypto Today’s Business Highlights The Labour government are revelling in their honeymoon period…
Tech giant Samsung workers to strike indefinitely A union representing workers at Samsung Electronics in…
Prime Minister Keir Starmer arrived in Washington Prime Minister Keir Starmer arrived in Washington overnight…
Highlights from Business news on Tuesday 9th July 2024. A Low key start to London…
Highlights The New Chancellor starts work today and says growth is priority along with house…
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