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Business - Markets & Companies
2/14/2023 12:44:53 PM
US automaker Ford said Tuesday it would cut 3,800 jobs in Europe, mostly in Britain and Germany, as competition in the electric car sector intensifies.

Business - Economy
2/9/2023 6:59:41 PM
The OPEC Fund for International Development and Africa Finance Corporation (AFC) have signed a 10-year $50 million loan agreement to finance the development of infrastructure with the aim of boosting the continent’s economic growth and job creation, the fund announced on Thursday.

Business - Economy
2/6/2023 5:30:45 PM
Wall Street continued to reel before markets opened on Monday after strong U.S. jobs data last week fanned fears of more interest rate hikes.

Business - Markets & Companies
2/3/2023 8:02:50 PM
Wall Street's rally hit a wall after a shocking jobs report showed the U.S. economy created a third of a million more jobs last month than expected, fueling worries about inflation and higher interest rates.

Business - Tech
1/30/2023 1:46:19 PM
Dutch consumer electronics and medical equipment maker Philips said Monday it is cutting 6,000 jobs worldwide over the next two years as it revealed a net loss of 1.6 billion euros ($1.7 billion) in 2022, down from a net profit of 3.3 billion euros last year.

Business - Tech
1/26/2023 11:57:13 AM
IBM will slash some 3,900 jobs, slightly more than one percent of its workforce, related to businesses it has divested, a source close to the matter told AFP on Wednesday.

Business - Tech
1/23/2023 3:39:36 PM
Swedish music streaming giant Spotify said Monday it was cutting six percent of its roughly 10,000 employees, the latest cost-cutting announcement among technology companies.

Business - Tech
1/21/2023 4:37:51 PM
Google's parent company Alphabet announced Friday it will cut about 12,000 jobs globally, citing a changing economic reality as it became the latest US tech giant to enact large-scale restructuring.

World - International
1/12/2023 12:31:57 PM
The world is at the "dawn of a new industrial age" of clean energy technology manufacturing that will triple in value by 2030 and create millions of jobs, the International Energy Agency said on Thursday.

Business - Markets & Companies
1/9/2023 3:24:59 PM
Goldman Sachs plans to cut 3,200 jobs and could announce this as early as this week, a source close to the issue said Sunday, confirming press reports.

Business - Markets & Companies
1/5/2023 6:35:20 PM
Eurozone and US stocks fell Thursday as US jobs data added to concerns the Federal Reserve will push on with hikes in US interest rates to fight decades-high inflation.

Business - Tech
1/5/2023 3:21:08 PM
Amazon announced Wednesday it will cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the fact the online retail giant had "hired rapidly" during the pandemic.

World - Region
12/28/2022 12:22:21 PM
With foreign workers making up the vast bulk of private sector jobs in the United Arab Emirates, the Gulf's second-largest economy wants to boost opportunities for its own citizens.

World - International
12/25/2022 12:00:05 PM
The US has condemned the Taliban for ordering non-governmental groups in Afghanistan to stop employing women, saying the ban will disrupt vital and life-saving assistance to millions.

World - International
12/15/2022 2:59:27 PM
Thousands of nurses walked off their jobs in England on Thursday, escalating a wave of industrial unrest in the U.K. this month as ambulance and postal workers, bus drivers and airport baggage handlers all stage strikes to demand better pay amid a cost-of-living crisis.

Egypt - Urban & Transport
12/5/2022 6:43:00 PM
President Abdel-Fattah El-Sisi said that Egypt is confronting a two-fold problem since it must not only create jobs for the large number of those entering the labour market every year but also guarantee decent minimum wages to the workforce.

Business - Economy
12/2/2022 5:17:41 PM
Stock markets fell on Friday after strong US jobs data raised concerns that the US Federal Reserve may continue to aggressively hike interest rates to tame inflation.

Business - Markets & Companies
11/9/2022 9:27:55 PM
Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg said in a letter to employees Wednesday.

Business - Economy
10/14/2022 2:15:08 PM
UK finance minister Kwasi Kwarteng dashed home Friday from Washington for crisis talks with Prime Minister Liz Truss, with both their jobs on the line as their budget plans unravel.

World - International
10/8/2022 2:50:40 PM
Most train services across the U.K. were cancelled Saturday as thousands of rail workers staged the latest in a string of strikes over jobs, pay and working conditions.

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