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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.
IMF: Germany to be weakest major economy in 2024 while UK downgraded again The International…
Nearly two-third of first time buyers are entering the property market with someone else, a new report by Halifax has found.
Mounting losses from banks in the US, Asia and Europe have rekindled concerns about weakness in the US commercial property market.
Water bills to rise above inflation in April Water companies anticipate an above-inflation increase in…
Bao Fan, the Chinese billionaire banker who has been missing for nearly a year, has officially resigned from his position at a financial firm.
Judge blocks Elon Musk’s $56bn Tesla pay deal A judge in the US state of…
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