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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.
France’s largest internet operator Orange was, on Tuesday, December 10, slapped with a €50 million…
The clash between the Community and the Madrid City Council (PP) with the Government of Spain (PSOE and Sumar) will experience a rare truce this Wednesday: the regional executive will give the green light to sign with the Ministry of Universities the María Goyri Program, which will finance 1,091 teaching positions thanks to an investment shared by the State (169.8 million, 60%) and Madrid (112.3).
Australia’s central bank held interest rates steady at its last meeting of the year but…
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