RBNZ set to deliver third half-point rate cut to revive economy
NEW Zealand’s central bank is set to deliver its third big interest-rate cut in a row and signal further reductions ...
Tag: Cut
Southwest Airlines to cut 15% of corporate jobs in first-ever layoffs
SOUTHWEST Airlines will cut about 1,750 jobs in its leadership ranks, a dramatic step to reduce expenses that mark the ...
Australia set for first rate cut since 2020 as trade risks mount
AUSTRALIA’S central bank is poised to cut interest rates for the first time in four years even as the board ...
US: Wall St opens sharply lower as hot inflation data dents rate cut hopes
WALL Street’s main indexes dropped at the open on Wednesday (Feb 12), as a hotter-than-anticipated inflation reading added to concerns ...
Smith government should cut corporate welfare from upcoming budget
Breadcrumb Trail LinksOpinionPublished Feb 12, 2025 • Last updated 8 minutes ago • 2 minute read You can save this article ...
Malaysia’s Petronas to cut jobs to ensure survival: reports
MALAYSIA’S state energy firm Petronas will reduce its workforce to ensure its long-term survival amid increasing challenges in the global ...
Workday to cut nearly 2,000 workers on profit focus
WORKDAY is cutting about 8.5 per cent of its workforce, making it the latest technology company to begin 2025 with ...
GM’s Cruise to cut 1,000 jobs as robotaxi service shuts down
GENERAL Motors (GM) is cutting almost half of the workforce in the Cruise driverless car unit, according to an internal ...
Walmart to cut hundreds of jobs, relocate staff to main hubs
WALMART is eliminating some jobs and asking workers to move to central offices in Arkansas or California, continuing the retailer’s ...
Estee Lauder forecasts bleak quarterly profit, to cut up to 7,000 jobs
ESTEE Lauder on Tuesday (Feb 4) forecast third-quarter profit well below estimates, citing persistent weak demand at airports and travel ...
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