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Investors challenge ECB President Christine Lagarde’s guidance amid concerns over Euro zone inflation, as market expectations for interest rate cuts rise due to weaker economic growth, a softening labor market, and declining credit demand.
Explore the challenges and prospects of China’s manufacturing sector amid ongoing policy support, stimulus measures, and efforts to reduce reliance on the property sector for sustained economic growth.
Metro Bank announces a strategic cost-cutting plan, including a workforce reduction and a review of seven-day opening hours, aiming to transition to a more efficient business model while assuring a continued focus on customer service.
Sibanye-Stillwater undergoes strategic restructuring in response to palladium price decline, announcing job cuts in both U.S. and South African operations for cost reduction.
Barclays faces criticism from Unite as it announces job cuts, impacting various sectors within the bank, amidst reported pre-tax profits and ongoing restructuring in the financial industry.
Unity Software, known for creating tools used by game developers worldwide, is making significant changes. The company is set to reduce its global workforce by 3.8%, which amounts to 265 jobs. Additionally, they will terminate a partnership with a digital video effects company founded by the director of “Lord of the Rings” as part of … Read more
Walmart strategically positions India at the center of its growth plans, diversifying its supply chain amidst global challenges, with a focus on importing goods such as floor rugs, as the company adapts to the evolving economic landscape and aims to support India’s manufacturing industry.
In the Arizona congressional race of 2024, Democratic candidate Engel emphasizes her opponent’s votes against investments in Electric Vehicles (EVs), as Republican Representative Juan Ciscomani faces attack ads related to his opposition to the Inflation Reduction Act.
CCOO continues negotiations with Amazon to enhance pay and working conditions, as workers globally, including those in Europe, voice concerns, with recent disruptions on Black Friday failing to impact Amazon’s commitment to reliable deliveries.
Explore the impact of the softening US job market on minority group gains and the challenges they face in maintaining economic progress.