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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 SAYS Some of the world’s biggest businesses have committed to invest a total of nearly £30bn in Britain.
The agreement at the conference of the parties (cop) to the UN Framework Convention on Climate Change, which took place in Paris in 2015, was somewhat impotent.
The Financial Times splashes on comments from Qatar saying that Hamas must find dozens of hostages if they hope to extend the truce with Israel.
Don’t let energy costs dampen your festive spirit.
Sunak welcomes foreign firms’ £29.5bn ‘vote of confidence’ Prime Minister Rishi Sunak is set to…
Il ministro delle Imprese e del Made in Italy Adolfo Urso, nell’ambito della missione ufficiale…
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