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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.
China on Monday kept its medium-term lending rate steady, as the country’s central bank…
Pipeline operator ONEOK said on Sunday it would buy the remaining shares of peer EnLink…
Cybersecurity firm Paradyn to expand further, adding 20 jobs IT and cybersecurity firm Paradyn will…
Asia-Pacific markets Live Updates shows the Asian markets mostly rose Friday on morning, tracking a…
Are users leaving Elon Musk’s X en masse and where are they heading? The limited…
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