Latest News
- Montenegro advances EU accession as bloc begins drafting treaty
- Leading UK supermarket faces collapse and potential closure of 300 stores | News UK
- Britain’s week of AI cuts, Atlantic nerves and Westminster pressure
- Four men face charges over arson attack on ambulances in London
- US Envoys Witkoff and Kushner to Engage in Iran Talks in Pakistan
- US economy shows signs of recovery as job growth exceeds expectations
- 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
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.
Government pledge to make UK “top destination for women’s sport investment” The government has today pledged…
Scrapping Ofwat could be considered by new water sector commission Scrapping watchdog Ofwat could be…
Deloitte cuts 250 underperforming staff in UK Big Four firm Deloitte has cut 250 members…
Reeves to ignore funding options to tax on wealth above £10m and instead will go ahead and cut winter fuel payments, following a cross-party proposal by MPs who urged Rachel Reeves to impose 2% tax on wealth above £10m, having been lobbied by the banks.
© 2026 WTX News.