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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.
Pimlico Plumbers founder says he will pay nurses’ ULEZ charges and calls for policy to…
Network Rail axes bonuses for staff who went on strike Rail staff who went on…
Elementor #546358 August 30, 20231 Min Read Financial Times – Goldman Sachs bought UK and…
CITYAM says CALLS are increasing for the UK’s £4 billion-a-year share trading tax to be reduced or scrapped in an effort to reinvigorate our capital markets.
Elementor #546007 August 29, 20231 Min Read Financial Times – Travellers braced for more delays…
Karen Wilkinson insists managers ‘tried everything’ to stop the business from falling into administration, putting 12,000 jobs at risk.
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