(Reuters) – Google CEO Sundar Pichai told employees to expect more job cuts at the Alphabet-owned company this year, The Verge reported on Wednesday, citing an internal memo. Pichai said …
business
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Running a business worldwide has become a common practice for companies of all sizes. The allure of new markets, diverse customer bases, and potential cost savings often drives organizations to …
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Bank CEOs, huddled in private in Davos, worry about competition, economy – sources
by Reutersby ReutersBy Stefania Spezzati and Megan Davies DAVOS (Reuters) – Bank CEOs meeting in private at the World Economic Forum on Wednesday aired concerns about the competitive risks from fintech firms …
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CNN boss plans to merge newsgathering ops, explores digital subscription model – WSJ
by Reutersby Reuters(Reuters) – CNN’s new CEO Mark Thompson plans to combine all newsgathering operations of the news network into one unit that would serve its television, streaming and digital platforms, the …
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Canada challenges US decision to maintain duties on softwood lumber – Ottawa
by Reutersby ReutersOTTAWA, Jan 17 (Reuters) – Canada is challenging the U.S. decision late last year to maintain duties on exports of Canadian softwood lumber, Trade Minister Mary Ng said in a …
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WASHINGTON (Reuters) – U.S. business inventories fell for a second straight month in November amid declines in retail and wholesale stocks, which could see inventory investment subtracting from economic growth …
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By Amina Niasse NEW YORK (Reuters) – U.S. homebuilder confidence spiked in January by the most since February 2023 as declining interest rates for mortgages enhanced affordability for many buyers …
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NEW YORK (Reuters) – Blackstone Group’s BAAM unit, the world’s largest investor in hedge funds, posted a 6.9% return last year, according to a memo seen by Reuters, more than …
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By Angelo Amante and Elisa Anzolin ROME/MILAN (Reuters) – Houthi attacks on Red Sea shipping are causing major disruption to Italian ports, operators say, fuelling fears that a prolonged crisis …
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Analysis – BHP faces nickel choice this year as high-cost Australian miners suffer
by Reutersby ReutersBy Melanie Burton MELBOURNE (Reuters) – Australian nickel producers, hit by a sharp jump in supply from rival Indonesia, are starting to buckle under low prices that analysts expect will …
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Businesses aren’t doing enough to address green skills shortages – report
by Reutersby ReutersBy Pietro Lombardi MADRID (Reuters) – Businesses are failing to tackle a shortage of green skills among workers, risking delays in the transition to a lower carbon economy, a report …
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By Divya Chowdhury and Savio Shetty DAVOS, Switzerland (Reuters) – Most cobalt producers are likely to be losing money on every ton of cobalt they produce after a price slump …
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Davos – Chinese premier Li: China economy growth estimated at 5.2% in 2023
by Reutersby ReutersDAVOS, Switzerland (Reuters) – Chinese Premier Li Qiang said on Tuesday the Chinese economy had rebounded and moved upward, and was estimated to have grown around 5.2% in 2023, above …
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Japan’s top business lobby calls for worker pay raises above inflation
by Reutersby ReutersBy Tetsushi Kajimoto and Kentaro Sugiyama TOKYO (Reuters) -The head of Japan’s biggest business lobby Keidanren on Tuesday called for wage hikes this year that exceed the inflation rate, setting …
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FRANKFURT (Reuters) – Euro zone consumers have slashed their inflation expectations, a European Central Bank survey showed on Tuesday, in comforting news for the ECB’s efforts to contain prices. The …
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Two Palestinians kill woman, injure 12 in Israel car-rammings, police say
by Reutersby ReutersBy Rami Amichay RAANANA, Israel (Reuters) -Two Palestinians carried out coordinated car-rammings in central Israel on Monday, killing a woman and injuring 12 other people, police and medical officials said, …
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By Jeffrey Dastin DAVOS, Switzerland (Reuters) – Microsoft on Monday said consumers and small businesses can buy subscriptions to access more capabilities in its artificial intelligence “Copilot,” as it moves …
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Yemen’s Houthis hit US-owned dry bulk ship, no injuries – U.S Centcom
by Reutersby ReutersBy Ahmed Elimam and Tala Ramadan DUBAI (Reuters) -Houthi forces in Yemen struck the U.S.-owned and operated dry bulk ship Gibraltar Eagle with an anti-ship ballistic missile, U.S Central Command …
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China growth seen slowing to 4.6% in 2024, raising heat on policymakers – Reuters poll
by Reutersby ReutersBy Kevin Yao BEIJING (Reuters) – China’s economic growth is likely to slow to 4.6% in 2024, and cool further to 4.5% in 2025, a Reuters poll showed, raising the …
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MANILA (Reuters) – The Philippines will develop islands in the South China Sea that it considers part of its territory to make them more habitable for troops, Manila’s military chief …
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Joyce Randolph, Trixie on classic TV sitcom ‘The Honeymooners’, dies at 99 – media
by Reutersby Reuters(Reuters) – Actress Joyce Randolph, who played the peppy working-class Brooklyn housewife Trixie on “The Honeymooners” and was the last surviving cast member of the seminal 1950s sitcom starring Jackie …
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LIMA, OH – A shooting incident outside the Bite & Buzz establishment in Lima resulted in non-life-threatening injuries to Laquetrius Young, 32. The Lima Police Department responded to the scene …
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TOKYO (Reuters) – Japan’s government plans to double budget reserves to 1 trillion yen ($6.9 billion) for earthquake relief in the next fiscal year, Prime Minister Fumio Kishida said on …
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Canada, facing housing shortage, to consider cap on international students – minister
by Reutersby ReutersBy Rod Nickel WINNIPEG, Manitoba (Reuters) – Canada is considering a cap on the number of international students allowed to live in Canada, Immigration Minister Marc Miller said according to …
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ECB’s Lane sees June meeting as key for rate cut moves – Corriere della Sera
by Reutersby ReutersFRANKFURT (Reuters) – The European Central Bank (ECB) will have key data by June to decide on the first of a likely series of interest rate cuts but going too …