Cuts

The manufacturer plans to let go nearly 300 people at the Zwickau plant when their contracts expire in October, according to people familiar with the matter. The fate of around 2,000 additional temporary staff remains uncertain, the…

Jeremy Hunt has hinted that tax cuts are unlikely to be on offer before the next general election after warning that inflation had proved “stickier than was forecast”. The Chancellor told Bloomberg that he did not expect to have more…

studio-fi/iStock via Getty Images Brent oil (CO1:COM) futures eased on Tuesday, as sluggish economic activity in China, the world's biggest oil importer, dampened investor sentiment, following a thin holiday trade on Monday. Focus this…

© Reuters. FILE PHOTO: The logo of Mexican airline Aeromexico is pictured on a plane's tail at the hangars of the airline in the Benito Juarez International airport in Mexico City, Mexico June 28,2022 REUTERS/Luis Cortes/File Photo By…

Sundry Photography/iStock Editorial via Getty Images Morgan Stanley downgraded CrowdStrike (NASDAQ:CRWD) to Equal-weight from Overweight ahead of the company's Q2 results, as the firm sees a downside to consensus CY23/24 estimates. The…

© Reuters. Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken February 10, 2020. REUTERS/Dado Ruvic/Illustration By Ankur Banerjee SINGAPORE (Reuters) - A spurt in the U.S. dollar and China's defence of the…

Economists have warned that calls from Conservative MPs for Chancellor Jeremy Hunt to cut taxes after improved borrowing data emerged show “questionable judgement”. Three backbench Conservatives piled the pressure on, according to the…

According to a recent report by the Wall Street Journal, cryptocurrency giant Binance has ceased offering its clients the option to conduct peer-to-peer transactions through sanctioned Russian banks.  This decision comes just days after a…

Investors know the pain of seeing some of their stocks tumble after an analyst downgrade, but stocks also can slide when analysts maintain previous ratings but slash previous stock price targets by 10% or 20%.As Wall Street grapples with…

© Reuters. Investing.com - European stock markets edged higher Monday, helped by a hefty drop in German producer prices even after China’s smaller-than-expected rate cut. At 03:35 ET (07:35 GMT), the index in Germany traded 0.5%…