Business
Oil Prices Rise on US-China Talks and Saudi Supply Cuts, but Iran Threatens Future Stability
Oil prices climbed more on Tuesday, amid continuing trade negotiations between the U.S. and China and a decrease in crude shipments from…
Tag
Cuts
News
‘We dissent’: NIH scientists sign letter criticizing Trump’s cuts in public health research
In his confirmation hearings to lead the National Institutes of Health, Jay Bhattacharya pledged his openness to views that might conflict…
Business
Barclays cuts more than 200 investment bank jobs to reduce costs
Barclays is preparing to cut more than 200 jobs in its investment bank in the coming days as part of chief executive officer CS…
Business
Procter & Gamble’s job cuts raise questions over possible impact on Singapore operations, new facility plans
Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing…
Business
Procter & Gamble’s job cuts raise questions over possible impact on 2,300 staff and operations in Singapore
Procter & Gamble (P&G) has so far stayed silent about how its planned reduction of about 15 per cent of its global non-manufacturing…
Business
Amazon cuts more jobs, this time in books division
Amazon has cut jobs in its books division, including at its Goodreads review site and Kindle units, the company said on Thursday. The…
Business
Oil Prices Hold Steady as U.S. Fuel Stocks Rise and Saudi Arabia Cuts Crude Rates
After a turbulent opening to the week, oil markets had a bit of a breather on Thursday. Investors, who are still processing a jumble of…
Business
Maybank cuts view on Malaysian banking sector to ‘neutral’ as tariffs, slower GDP weigh on earnings
Maybank Investment Bank has downgraded its rating for the Malaysian banking sector to “neutral”, from “positive” previously, due to slower…
News
Senate Republicans want 'more robust' spending cuts in Trump agenda bill
Senate Republicans are plotting ways to cut more spending than their House counterparts did in President Trump's "big, beautiful bill" as…
News
‘Cuts have consequences’: A South Florida meteorologist explains Trump’s NOAA cuts are degrading weather forecasts
For more than 30 years, meteorologist John Morales has broadcast weather forecasts to South Floridians, warning the hurricane-prone region…
News
Joni Ernst Just Made Her Awful Response to Medicaid Cuts Even Worse
Newark Mayor Ras Baraka is suing New Jersey’s acting Attorney General Alina Habba and a Department of Homeland Security special agent on…
News
Meteorologist Warns Trump Cuts Will Have Dire Consequences on Live TV
Massive law firms that work on lucrative contracts, like Paul, Weiss, Kirkland & Ellis, and others, struck deals with the Trump…
Culture
Tadanobu Asano Stars in Opening Film ‘Ravens’ as Kurosawa Kiyoshi Gets Honored at Japan Cuts Film Festival (EXCLUSIVE)
Japan Society has announced the full lineup for the 18th edition of Japan Cuts: Festival of New Japanese Film at the organization’s New…
Business
Microsoft cuts hundreds more jobs after firing 6,000 last month
The AI boom has roiled the tech labour market because companies are prioritising AI-focused jobs and harnessing the technology to save…
News
Ernst draws groans at Iowa town hall after retort on Medicaid cuts, saying 'we all are going to die'
Republican Sen. Joni Ernst was met with shouts and groans when she said "we all are going to die" as she addressed potential changes to…
Business
LinkedIn cuts 281 workers in California as tech layoffs continue
LinkedIn, the professional social network where people search for work, is shedding jobs. The Microsoft-owned tech company has cut 281…
News
Trump pledges to codify DOGE cuts
President Trump on Friday promised to make permanent the cuts identified by Elon Musk and the Department of Government Efficiency. Source…
News
Joni Ernst Stoops to Shocking Low When Told Medicaid Cuts Will Kill
Republican Senator Joni Ernst had a particularly unhinged response to questions from her constituents at a town hall in Parkersburg, Iowa,…
Business
Bank of England’s Bailey says uncertain outlook demands careful approach to rate cuts
Bank of England Governor Andrew Bailey said on Thursday that the central bank’s “gradual and careful” approach to future interest rate…
Business
Loose Women's Nadia Sawalha brands ITV cuts 'absolutely brutal'
Helen Bushby Culture reporter Loose Women panellist Nadia Sawalha has said ITV's cuts to its daytime schedule came "out of the blue" and…
Business
Aramco CEO will keep borrowing even as oil slump cuts cashflow
Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser…
Business
Aramco will keep borrowing, CEO says, as oil slump cuts cashflow
Saudi Aramco is targeting more borrowings to finance growth and better leverage its balance sheet, chief executive officer Amin Nasser…
Business
South Korea central bank cuts rate, slashes 2025 growth forecast
South Korea’s central bank cut interest rates on Thursday (May 29) in a bid to cushion the export-dependent economy from US President…
Business
New Zealand central bank cuts cash rate by 25 bps
New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 3.25 per cent on Wednesday, as policymakers sought…