Cuts
Judge Rules Trump’s NIH DEI Funding Cuts Illegal in Major Civil Rights Victory
A U.S. federal judge in Boston has ruled that the Trump administration's decision to terminate funding for diversity-related research at the National Institutes of Health (NIH) was unlawful, citing...
Bank of Japan to weigh slowdown in bond buying cuts after volatility rises
[TOKYO] The Bank of Japan (BOJ) is set to consider whether to taper its bond purchases at a slower pace while also leaving its benchmark interest rate unchanged, in...
BT boss Kirkby expects AI to deepen job cuts, FT reports
Published Sun, Jun 15, 2025 · 05:43 PMBT Group chief executive Allison Kirkby said advances in artificial intelligence (AI) could deepen significant job cuts under way at the British...
Oil Prices Rise on US-China Talks and Saudi Supply Cuts, but Iran Threatens Future Stability
Oil prices climbed more on Tuesday, amid continuing trade negotiations between the U.S. and China and a decrease in crude shipments from Saudi Arabia to China. Brent increased by...
Barclays cuts more than 200 investment bank jobs to reduce costs
[LONDON] Barclays is preparing to cut more than 200 jobs in its investment bank in the coming days as part of chief executive officer CS Venkatakrishnan’s plan to boost...
Procter & Gamble’s job cuts raise questions over possible impact on Singapore operations, new facility plans
[SINGAPORE] Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing workforce over the next two...
Procter & Gamble’s job cuts raise questions over possible impact on 2,300 staff and operations in Singapore
[SINGAPORE] Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing workforce over the next two...
Amazon cuts more jobs, this time in books division
Published Fri, Jun 6, 2025 · 09:13 AM[SAN FRANCISCO] Amazon has cut jobs in its books division, including at its Goodreads review site and Kindle units, the company said...
Oil Prices Hold Steady as U.S. Fuel Stocks Rise and Saudi Arabia Cuts Crude Rates
After a turbulent opening to the week, oil markets had a bit of a breather on Thursday. Investors, who are still processing a jumble of bearish data and global supply chain...
Maybank cuts view on Malaysian banking sector to ‘neutral’ as tariffs, slower GDP weigh on earnings
[SINGAPORE] Maybank Investment Bank has downgraded its rating for the Malaysian banking sector to “neutral”, from “positive” previously, due to slower gross domestic product growth, subdued earnings prospects, and...