Cuts
Indonesia coal miners warn of layoffs, economic risks over proposed output cuts
The trims aim to push up the plunging thermal coal prices amid fears of oversupply by the countryPublished Mon, Feb 2, 2026 · 10:21 PM[SINGAPORE] Indonesia’s Coal Mining Association...
Peloton cuts 11% of jobs, with engineering teams getting hit
The fitness technology company joins a slew of other tech companies that have recently slashed their workforcesPublished Sat, Jan 31, 2026 · 11:32 AM[LONDON] Peloton Interactive, the long-struggling fitness...
Goldman Sachs cuts rating on Indonesian equities after MSCI flags investability risk
Published Thu, Jan 29, 2026 · 08:59 AM[SINGAPORE] Goldman Sachs lowered its rating on Indonesian equities on Thursday, a day after index provider MSCI flagged investability risks, predicting passive...
Amazon cuts 16,000 jobs globally to undo pandemic-era hiring amid AI push
The job cuts also underscore how artificial intelligence is changing corporate workforce dynamicsPublished Wed, Jan 28, 2026 · 06:54 PM[SAN FRANCISCO] Amazon said on Wednesday (Jan 28) it was...
China’s central bank cuts structural interest rates to boost targeted lending
The moves signal targeted adjustments to bolster an economy hit by weak demand and imbalances[BEIJING] China’s central bank will lower interest rates on its structural monetary policy tools by...
UBS plans January job cuts to kick off final year of integration
[ZURICH] UBS Group is set to begin its latest wave of job cuts in mid-January, according to people familiar with the matter. That step will be followed by another...
Bank of England lowers rates after tight vote but signals caution about further cuts
Five MPC members vote to lower the benchmark rate for the fourth time in 2025 to 3.75%[LONDON] The Bank of England (BOE) cut interest rates on Thursday (Dec 18)...
Volkswagen budget cuts force battery unit to seek external funds
PowerCo is considering bank loans, external investors and a potential public offering [FRANKFURT] Volkswagen’s battery business is being forced to seek external financing after the German carmaker cut its...
