Lufthansa CEO expects further cuts to flight schedules
Lufthansa chief executive Carsten Spohr expects further reductions to German flight schedules and expressed fears that it could harm the country's appeal to foreign investors, in comments…
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Cuts
ByteDance cuts over 700 jobs in Malaysia in shift towards AI moderation: sources
CHINA’S ByteDance, the parent of social media platform TikTok, has laid off more than 700 workers from its Malaysian unit as the company shifts focus towards greater use of artificial…
New Zealand steps up pace of rate cuts as economy weakens
NEW Zealand’s central bank cut interest rates by half a percentage point, stepping up the pace of easing as policymakers become more concerned about the economic slowdown. The Reserve Bank…
Fed rate cuts will push liquidity across the globe, including to China, despite strong US jobs data
China may be drawing funds from regional markets now, but global liquidity flows to Asia could be the proverbial tide that lifts all boats ONE news story that grabbed a lot of attention…
Survivors grapple with aid cuts and the Taliban a year after massive Afghan earthquake
KABUL, Afghanistan (AP) — People had just seconds to flee their homes when the terrifying sound of earth cracking open reverberated across western Afghanistan's Herat province. Nobody…
Milei Faces Fresh Protest in Argentina Over Cuts to Universities
(Bloomberg) -- President Javier Milei’s austerity campaign in Argentina faced renewed opposition Wednesday in a nationwide march against budget cuts in higher education. Most Read from…
Samsung’s Singapore staff not spared as it cuts thousands of jobs globally amid struggles in AI market
SAMSUNG Electronics is laying off workers in South-east Asia, Australia and New Zealand as part of a plan to reduce global headcount by thousands of jobs, according to people familiar with…
Rate cuts set gold on track for best quarter in eight years
GOLD prices were heading for their best quarter in more than eight years on Friday (Sep 27), having hit a series of record highs in recent sessions as the start of US monetary easing…
SNB cuts interest rates by 25 basis points for third time this year
The SNB cut its policy rate to 1.00 per cent, the lowest level since early 2023. Image: Shutterstock 2 min read Last Updated : Sep 26 2024 | 1:23 PM IST The Swiss National Bank cut…
Australian central bank reforms stall as Greens demand rate cuts
SYDNEY (Reuters) - Long-delayed reforms to the Reserve Bank of Australia (RBA) faced a fresh setback on Monday as Greens lawmakers demanded the Labor government engineer a cut in interest…
Volkswagen chief executive says situation 'alarming,' cuts needed
The chief executive of Germany's Volkswagen Group has described the situation at the company's core VW brand as "alarming," days after plans for spending cuts and potential plant closures…
Scotland's papers: UK limits Israel weapon sales and SNP spending cuts
Scotland's papers: UK limits Israel weapon sales and SNP spending cuts Source link
Brazil cuts ties with Nicaragua as it rethinks links with leftist authoritarians
Brazil and Nicaragua have expelled each other’s ambassadors in a tit-for-tat diplomatic row, as Brazil’s president, Luiz Inácio Lula da Silva, appears to recalibrate his approach to…
Mali cuts diplomatic ties with Ukraine over Wagner ambush claims
Mali says it has cut diplomatic relations with Ukraine, after a military official suggested Kyiv had played a role in deadly fighting near the Algerian border last month. Dozens of Malian…
Korean Air Cuts In-Flight Cup Ramen
Credit - Getty Images Turbulence has taken lives, caused injuries, and cost airlines lots of money. Now it’s responsible for economy passengers on Korean Air losing cup noodles. Read More:…
Japan cuts growth forecast, prime minister warns of weak-yen pain
By Leika Kihara TOKYO (Reuters) -Japan's government cut this year's growth forecast on Friday as consumption took a hit from rising import costs due to a weak yen, highlighting the fragile…