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Norway wealth fund posts record $164 billion loss
By Victoria Klesty OSLO (Reuters) – Norway’s wealth fund, one of the world’s largest investors, post...
31st January, 2023
financial crisis
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Philips to cut 13% of jobs in safety and profitability drive
By Bart H. Meijer AMSTERDAM (Reuters) -Dutch health technology company Philips will scrap another 6,...
31st January, 2023
Investing
German industry to pay 40% more for energy than pre-crisis – study says
FRANKFURT (Reuters) – German industry is set to pay about 40% more for energy in 2023 than in 2021,...
30th January, 2023
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Spain’s unemployment rate inches up to 12.87% in Q4 2022
(Reuters) -Spain’s unemployment rate rose to 12.87% in the fourth quarter of 2022 from 12.67% three...
26th January, 2023
Finance
UK income inequality widens after pandemic dip
By David Milliken LONDON (Reuters) – British income inequality rose to a three-year high in the 2021...
26th January, 2023
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Seven shot dead in another mass shooting in California
By Daniel Trotta (Reuters) -Seven people were killed in a mass shooting at two locations in the coas...
24th January, 2023
Business
Luxury giants bank on Chinese return as Western shoppers sober up
By Mimosa Spencer PARIS (Reuters) -The focus of the luxury industry is shifting back to China, with...
24th January, 2023
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Logitech quarterly sales fall 22% as slowdown fears bite
(Reuters) -Computer peripherals maker Logitech International said on Tuesday its third-quarter sales...
24th January, 2023
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Turnover in Germany’s restaurants, hotels rose markedly in 2022
BERLIN (Reuters) – Turnover in accommodation and food services in Germany rose strongly in 2022 comp...
19th January, 2023
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Amazon to lay off staff in U.S., Canada and Costa Rica by end of day
(Reuters) -Amazon.com Inc will cut some jobs in the United States, Canada and Costa Rica by the end...
19th January, 2023
Top Stories
Microsoft to shed 10,000 jobs, adding to glut of tech layoffs
By Jeffrey Dastin and Yuvraj Malik DAVOS, Switzerland (Reuters) – Microsoft Corp on Wednesday said i...
19th January, 2023
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Soccer-‘Sabotage’: BBC’s FA Cup coverage interrupted by audio from porn clip
(Reuters) – The BBC issued an apology on Tuesday after their FA Cup coverage was interrupted by a po...
18th January, 2023