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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.
Business confidence drops at fastest pace for over three years Business optimism fell at its…
UK start-ups still at the forefront of global innovation Despite the “doom and gloom” narrative…
Cabinet minister pledges to make government more ‘start up’ A cabinet minister is set to…
Job vacancies collapse as Budget tax raid puts firms off hiring, survey shows The number…
Chancellor Rachel Reeves will call for stronger economic ties between the UK and the European Union (EU) during her landmark address to the Eurogroup finance ministers on Monday.
The growth of exports of non-tourism services has intensified in Spain after the pandemic and…
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