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IEA comes under pressure from former oil market chief to cut energy transition focus
THE International Energy Agency’s (IEA) former oil industry and market chief criticised the agency’s focus on the global energy transition in a report released on Wednesday (Jan 29), and...
ECB to cut interest rates, keep door open to further easing
THE European Central Bank (ECB) is all but certain to cut interest rates on Thursday (Jan 30) and is likely to keep open the door to further policy easing...
ECB to cut rates again, with a nervous eye on Trump – The Business Times
EUROZONE rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain on track despite the threat from US President Donald Trump’s...
Cathay Pacific to cut profit payout to staff by around 50% – The Business Times
CATHAY Pacific Airways is planning to slash its profit-share payout to its workers by almost 50 per cent. The Hong Kong carrier is only planning to distribute at least...
Amazon exits Quebec operations, to cut about 1,700 jobs; Ottawa unhappy – The Business Times
E-COMMERCE giant Amazon.com is exiting its operations in the Canadian province of Quebec, leading to the loss of about 1,700 full-time jobs, the company said on Wednesday, prompting Ottawa to...
Schroders to cut 3% of workforce in bid to revive growth
SCHRODERS plans to cut as much as 3 per cent of its workforce, as new chief executive officer Richard Oldfield looks to revive the UK’s largest standalone asset manager....
BP cuts over 5% of workforce in CEO cost cut drive
BP announced on Thursday (Jan 16) that it will cut around 4,700 staff, or over 5 per cent of its total workforce, as part of CEO Murray Auchincloss’ efforts...
Meta to cut roughly 5% of staff, targeting lowest performers
META Platforms is cutting roughly 5 per cent of its staff through performance-based terminations and plans to hire new people to fill their roles this year, according to an...
Sister Wives’ Kody Brown “Will Not Cut Off” Wife Robyn Brown “to Have a Relationship With My Children” – E! Online
Janelle Questioned How Kody Handled the Family MoneyGriping about the family’s inability to pay off Coyote Pass, Janelle said Kody claimed to have "all these other debts." And, yet,...
Karen Bass: LA Mayor Drastically Cut Fire Department Funding and Handed Out Rich Contracts to City Workers Months before Catastrophic Wildfires
Los Angeles was forced to slash funding at a major scale for its fire department after Mayor Karen Bass approved a number of lucrative contracts for city workers, as...