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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.
McDonald’s, alongside other Western corporations such as Starbucks and Coca-Cola, has faced boycotts and demonstrations from anti-Israeli activists.
The United States on Wednesday added more than a dozen Chinese companies to a list created
The post Pentagon calls out Chinese companies it says are helping Beijing’s military
Reuters exclusively reported that Thailand hopes to start producing lithium from a mine in its southwest in about two years,
The post Thailand aims for lithium output in two years, boosting EV ambitions appeared first on Reuters News Agency.
Russian oil getting into UK via refinery loophole, reports claim Research suggests that the UK…
UK crown courts heard 226 fraud cases last year compared with 221 in 2022, according to new figures from KPMG’s Fraud Barometer, which tracks cases worth £100,000 and above.
Iranian petrochemical firms secretly used British front companies to obtain bank accounts with Lloyds and Santander in order to evade US sanctions.
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