Latest News
- OpenAI CEO Sam Altman apologises for failure to report Canadian mass shooter
- Smart unveils smallest electric car model in the UK, set for 2024 launch
- Carlos Alcaraz withdraws from French Open due to wrist injury
- Ukraine marks 40th anniversary of Chernobyl disaster amid ongoing war
- US and EU sign agreement to coordinate critical minerals supply chain
- Spanish bullfighter Morante de la Puebla injured by bull during fight in Seville
- EU leaders seek stronger ties with Middle East partners amid Iran war
- Condom manufacturer raises prices by 30% amid increasing demand from Iran war
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.
Inflation in the US rose slightly in October, halting recent progress in stabilising prices. According to the Labor Department, consumer prices increased by 2.6% over the past year, up from 2.4% in September, driven largely by higher housing and food costs.
Britain’s most affordable towns have been revealed in a new study. To find the most…
Apple facing near-£3bn UK lawsuit over cloud storage ‘monopoly’ Which? claims firm engaged in anti-competitive…
VW has partnered with Rivian in a $5.8 billion joint venture aimed at accelerating EV innovation. The move will see both companies sharing advanced technologies to address slowing global EV demand and increasing competition from Chinese manufacturers.
© 2026 WTX News.