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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.
‘A party for all businesses’: how Labour is courting industry The Guardian says The Labour…
UK on track for record tax levels, IFS think tank says BBC Business says The…
England’s single-use plastics ban does not tackle takeaway boxes, warns Greenpeace BBC Business says A…
UK economy grew faster than estimated since Covid BBC Business says The UK’s economy has…
HS2: Unions call for emergency summit on rail line’s future BBC Business says Unions have…
Elementor #552588 September 29, 20231 Min Read Summary of the Top 6 headlines today Financial…
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