Category Archives:
Vodafone to cut 11,000 jobs, sees big drop in cash flow
By Paul Sandle LONDON (Reuters) -Vodafone's new boss Margherita Della Valle said she would cut 11,000 jobs over three years to simplify the telecoms group, which she said "must change", as it forecast...
Syndicated Content May 16, 2023
EU must build cutting-edge computer chips – industry chief Breton
By Toby Sterling ANTWERP, Belgium (Reuters) - EU industry chief Thierry Breton on Tuesday touted the European Chips Act passed last month, saying Europe must manufacture its own cutting-edge computer ...
Syndicated Content May 16, 2023
Analysis-Australian banks’ bid to shake mortgage reliance brings new risks
By Byron Kaye SYDNEY (Reuters) - Australia's big banks are pivoting to what analysts say could be a risky fight for growth in the country's unloved business loans market as a price war ends a decade-l...
Syndicated Content May 16, 2023
UK jobless rate rises as people return to labour market
LONDON (Reuters) -Britain's unemployment rate unexpectedly rose to 3.9% in the three months to March as more people sought to get back into the jobs market, potentially easing concerns at the Bank of ...
Syndicated Content May 16, 2023
Cryptoverse: Every frog has its day as pepe pops 7,000%
By Lisa Pauline Mattackal and Medha Singh (Reuters) - Move over dogecoin? "Memecoins" - a hyper-speculative, ultra-volatile and somewhat peculiar class of crypto - are back in the spotlight after the ...
Syndicated Content May 16, 2023
After 100 hours of non-stop cooking, Nigerian chef seeks world record
LAGOS (Reuters) - A Nigerian chef has spent 100 hours preparing meals non-stop, aiming to set a Guinness World Record for the longest ever cooking session by an individual. Hilda Bassey, a chef in the...
Syndicated Content May 16, 2023
Morgan Stanley weighs cutting 7% of Asia investment bank jobs – Bloomberg News
(Reuters) - Morgan Stanley is considering a 7% cut in its Asia-Pacific investment banking workforce, with China taking the biggest hit, Bloomberg News reported on Tuesday, citing people familiar with ...
Syndicated Content May 16, 2023
Marketmind: Europe has a data fest, and growth worries
A look at the day ahead in European and global markets from Vidya Ranganathan Tuesday's a busy day for European markets. We get preliminary growth numbers for the euro zone, inflation in Italy, jobles...
Syndicated Content May 15, 2023
EBRD: Inflation has peaked, but rising gas prices will pressure households
By Jorgelina do Rosario LONDON (Reuters) - Inflation has peaked in emerging Europe, central Asia and north Africa, but rising gas prices in the coming winter will keep pressure on household finances, ...
Syndicated Content May 15, 2023
Wells Fargo reaches $1 billion settlement with shareholders over recovery from scandals
By Jonathan Stempel NEW YORK (Reuters) - Wells Fargo & Co has agreed to pay $1 billion to settle a lawsuit accusing it of defrauding shareholders about its progress in recovering from a series of scan...
Syndicated Content May 15, 2023
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