Showing 91 - 100 of 899
Rare strike closes Japanese department store
AFP, Published on 31/08/2023
» TOKYO - The shutters came down on one of Japan's best-known department stores on Thursday in the retail sector's first strike for six decades, sparked by fears that its mooted new US owner will slash jobs.
UBS to absorb Credit Suisse domestic unit
AFP, Published on 31/08/2023
» ZURICH - The banking giant UBS said Thursday it would fully absorb the Swiss unit of its recently swallowed rival Credit Suisse into its operations, without spelling out the implications for job cuts.
Tech stocks help pull markets higher
AFP, Published on 22/08/2023
» LONDON: Global stocks markets rose on Tuesday thanks to a rebound in tech shares, although investors remained concerned by China's lacklustre economy and the outlook for US interest rates.
UK bank CEO resigns after Farage 'error'
AFP, Published on 26/07/2023
» LONDON: The chief executive of the British bank NatWest, Alison Rose, stepped down Wednesday after admitting a "serious error of judgment" in speaking to a reporter about the banking affairs of arch-Brexiteer Nigel Farage.
UPS strike averted as deal reached with Teamsters union
AFP, Published on 26/07/2023
» NEW YORK: The Teamsters union and shipping giant UPS announced Tuesday that the two sides had reached a tentative agreement on a five-year contract that would avert a crippling strike across the United States.
IMF: US on 'very narrow path' to avoid recession
AFP, Published on 25/07/2023
» WASHINGTON: The US economy is on a "very narrow path" to avoiding a recession, the International Monetary Fund's chief economist says, while warning of risks to China's strong post-pandemic recovery.
IMF warns of slowing global growth ahead
AFP, Published on 25/07/2023
» WASHINGTON: The International Monetary Fund has slightly upgraded its outlook for global growth this year on the back of resilient service sector activity in the first quarter and a strong labour market, the lender said Tuesday.
Twitter to be renamed X, get new logo
AFP, Published on 24/07/2023
» SAN FRANCISCO: Twitter's owner Elon Musk and its new CEO said Sunday that the social media network would ditch its bird logo, be rebranded with the name X and move quickly into payments, banking and commerce.
Global debt dominates G20 finance talks
AFP, Published on 17/07/2023
» GANDHINAGAR, India: G20 finance ministers and central bank chiefs opened talks Monday on debt restructuring deals, multilateral bank reform and finance to tackle climate change, as they aim to bolster a sagging global economy.
Twitter rival Threads signs up 100 million users in 5 days
AFP, Published on 10/07/2023
» PARIS: The Threads app launched by Instagram as a rival to Twitter has signed up more than 100 million users in less than five days, data tracking websites said on Monday, smashing the record of AI tool ChatGPT for fastest-growing consumer app.