Cuts

The Institute for Fiscal Studies (IFS) has cautioned against implementing tax cuts in the upcoming Budget unless the government can provide clear details on how they will be funded.The warning comes amidst hints from Chancellor Jeremy…

Nationwide Building Society, a stalwart of the UK financial landscape, has unveiled plans for a significant restructuring effort, putting over 300 jobs at risk in its latest round of cuts within the past year.This move underscores the…

Gold (XAU/USD) AnalysisFed officials communicated that they are in no rush to start the cutting cycle amid a strong US economy, emboldened consumer and potential Red Sea escalationGold prices have edged lower towards the end of the week as…

Companies Safaricom cuts interim dividend for second straight year to Sh23bn Thursday February 22 2024 From Left; CEO of Safaricom Telecommunications Ethiopia PLC Wim Vanhelleputte, CEO of Safaricom PLC Peter Ndegwa and Chief…

Will the U.S. dollar extend higher or begin to retreat? Request our Q1 USD trading forecast to find out! Recommended by Diego Colman Get Your Free USD Forecast Most Read: US Dollar Muted Ahead of Fed Minutes; Setups…

This week the government was supposed to complete the work for Knesset approval of the revised 2024 state budget, which would increase public spending by NIS 70 billion. However, delays in procedures by Minister of…

© Reuters. WESTPORT, CT – BioSig Technologies, Inc. (NASDAQ:), a medical technology firm, has announced a major reduction in its workforce and a substantial scaling back of its business operations. The company, known for its PURE…

© Reuters. Mainland Chinese tourists walk in front of the skyline of buildings at Tsim Sha Tsui, in Hong Kong, China May 2, 2023. REUTERS/Tyrone Siu SHANGHAI/SINGAPORE (Reuters) -China cut the benchmark reference rate for mortgages at…

President Isaac Herzog cut the prison sentence of former SodaStream CEO Daniel Birnbaum, who was convicted of insider trading, from 60 days to 23 days. Birnbaum began serving his sentence on November 1, 2023 but was…

© Reuters. On Wednesday, GlobalFoundries Inc. (NASDAQ:) experienced a downgrade in its stock rating by Citi from Buy to Neutral. The semiconductor company also saw its price target reduced to $56.00 from the previous $70.00. The…