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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.
City AM – Planning the number one growth issue The front page of the London…
The FT-Defence sector hiring at fastest rate since cold war The Financial Times lead story…
FT – Labour throws out proposal to bring back lifetime cap on tax-free pensions The…
City AM – TOWER POWER The front page of the London business paper City AM…
Mortgage crisis deepens as one in four face missing payments this year A quarter of…
Beckham scores Euros deal with China tech giant David Beckham has signed an agreement to…
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