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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.
Dinosaur bones listed on the stock exchange: “Investing in fossils pays like gold” New York…
The French Government confirmed this Saturday that the American financial rating agency Moody’s downgraded the…
UK’s economy shrinks unexpectedly by 0.1% in October Britain’s economy shrank by 0.1% in October,…
The number of new companies rose 28.8% in October compared to the same month of…
China stocks led losses in Asia Friday after Beijing affirmed its recent policy shifts and…
The outage began around 18:00 GMT, according to the tracking site Downdetector, and affected users in the UK, Europe, Asia, Australia, South America, and the US. Reports indicated over 18,000 issues with WhatsApp and more than 22,000 with Facebook.
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