Rolls-Royce plans up to 2,500 job cuts to revamp its 'burning platform' business
Aircraft engine maker Rolls-Royce will slash up to 2,500 jobs worldwide in a bid to streamline its operations and tackle years of underperformance.
2023-10-17 19:45
What the Israel-Hamas war means for US markets
Growing unrest in the Middle East has cast a shadow on global financial markets.
2023-10-17 19:21
Price hikes, hectic embassy guidelines and stranded pets: People struggle to find ways out of Israel
Foreign nationals and dual citizens have scrambled to find ways to get out of Israel after Hamas' gruesome attack on October 7 pushed the country into war.
2023-10-17 19:20
Philippines' Cebu Pacific eyes purchase of 100-150 aircraft for up to $12 billion
MANILA Philippines budget carrier Cebu Pacific is looking to order 100-150 aircraft from either Boeing or Airbus worth
2023-10-17 17:46
Net Zero Success Hangs on Rapid Power Grid Build-Out, IEA Says
Investment in the world’s electricity grids must double to more than $600 billion a year if nations are
2023-10-17 13:51
As the holidays approach, shoppers are in a mood to spend -- on their homes and themselves
Spending on the holiday season is expected to rebound to -- and even surpass -- pre-pandemic levels this year for the first time. But, surprisingly, it's not gifts that consumers will be splurging on the most in the runup to Christmas, according to a new report Tuesday from Deloitte.
2023-10-17 12:18
Walmart staffed up for holidays; US retailers cautious about economy
By Siddharth Cavale NEW YORK Walmart signaled it has enough staff for the holidays, in another sign that
2023-10-17 03:24
Why so many drug stores are closing
Drug store chains for decades saturated US cities, suburbs and small towns with new stores.
2023-10-17 02:17
Ford lays off 700 who were building electric version of F-150
Ford is laying off about 700 workers who build the F-150 Lightning, the electric version of its best-selling pickup truck, and unlike other recent layoffs this one has nothing to do with the ongoing strike by the United Auto Workers union.
2023-10-16 23:52
Nigeria's cabinet OKs proposed $1.5 billion borrowing from World Bank -finance minister
ABUJA Nigeria's cabinet has approved a proposed borrowing of $1.5 billion from the World Bank, its finance minister
2023-10-16 23:19
Hedge funds short food, beverage and tobacco stocks amid soaring bond yields -Goldman Sachs
By Nell Mackenzie LONDON Global hedge funds last week sold food, beverage and tobacco company stocks at the
2023-10-16 17:46
European Stocks Steady on Mideast Diplomacy; Polish Market Jumps
European stocks pared early gains and were steady as traders weighed diplomatic efforts by the US and its
2023-10-16 16:24