Exclusive: Mexico’s Pemex destroyed resources worth $342 million from two top fields
MEXICO CITY, Jan. 18 (Reuters) – Mexico’s state-owned oil company Pemex has illegally burned hydrocarbon wells worth more than $342 million at two of its major new fields in the…
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Microsoft is cutting 10,000 jobs as the cloud technology sector worries about the recession
DAVOS, Switzerland, Jan. 18 (Reuters) – Microsoft Corp. (MSFT.O) said on Wednesday it would cut 10,000 jobs and cash in at $1.2 billion as its cloud computing customers reassess their…
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World economy moving towards ‘eye of Category 5 hurricane’, UN Secretary-General warns
United Nations Secretary-General Antonio Guterres outlines the “perfect storm” plaguing the global economy and shares what the UN is doing to help on Davos 2023. United Nations Secretary-General Antonio Guterres…
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Layoffs at Microsoft: Major job cuts are reportedly coming
New York/London CNN — Microsoft (MSFT) could cut thousands of jobs on Wednesday, according to multiple news reports, and could potentially become the latest tech company to cut its workforce…
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Davos has trouble getting used to a world without Russia
In the old days, the world’s top businessmen drank vodka with ice in the Russia House, the country’s unofficial embassy at the forum, and rushed to make deals with Russia’s…
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Weakening rupee raises fears for economy – Business
KARACHI: As the rupee continues to weaken faster than the market expects, doubts and fears are mounting about the country’s economic health, particularly its ability to pay the import bill…
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3 things you need to know about the debt ceiling farce
The most vexing issue in American politics is back, thanks to Republicans regaining control of the House of Representatives in the 2022 midterm elections. Over the next six months, you…
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When will egg prices finally go down?
A few months ago, I asked Vox readers which price hikes bothered them most in our current high-inflation economic climate. The most common answer, by far, was eggs — an…
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Microsoft to cut thousands of jobs in latest cull by technology giant | Business news
Microsoft is preparing to cut thousands of jobs in the latest move by one of the world’s largest tech companies to reduce its workforce in the face of a slowing…
Read more » Microsoft to cut thousands of jobs in latest cull by technology giant | Business news
Microsoft is preparing to cut thousands of jobs in the latest move by one of the world’s largest tech companies to reduce its workforce in the face of a slowing…
Read more »