Business
ANZ starts cutting jobs in institutional banking division
Precisely how many roles will be eliminated from the restructure remains unclear, and the bank has said that it will update investors on…
Tag
Cutting
Business
Fed Chair Jerome Powell has to walk a fine line between cutting interest rates and bowing to Trump
Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new…
Business
Nomura sees Fed cutting rates by 25bps in September as inflation cools
RA now expects the US Federal Reserve to cut interest rates by 25 basis points at its September meeting, citing softer core PCE inflation…
Business
Hulu Sale Boosts Comcast Q2 Despite Cord Cutting, Ad Sales Downturn
Comcast said its second quarter profit was boosted by the sale of its remaining stake in the Hulu streaming service to Disney and…
News
Trump envoy Witkoff says U.S. cutting short Gaza ceasefire talks, bringing home negotiating team
President Donald Trump's special envoy Steve Witkoff said Thursday the U.S. is cutting short Gaza ceasefire talks and bringing home its…
Business
RBA seen cutting three more times by early 2026, matching market
Economists expect Australia’s central bank will deliver three more interest-rate cuts by early 2026, up from two seen previously, bringing…
News
Nick Offerman Goes Full ‘Parks and Recreation’ and Scolds Trump for Cutting $267 Million From National Parks Budget: ‘That’s Called S—ting the Bed’
Nick Offerman channeled the spirit of his beloved “Parks and Recreation” character Ron Swan during a recent visit to “The Daily Show,”…
News
Senate GOP finds bright spot in pared-back DOGE cuts: 'Spending is easy up here. Cutting is hard'
Senate Republicans were on track late Wednesday to pass a slimmed-down $9 billion package of spending cuts to foreign aid and public…
News
Medicaid Cuts? Yes. But the GOP Is Quietly Cutting Medicare, Too.
PAYGO is not a term that crosses many lips in daily discourse. But it may soon be used more widely, as its impact resonates in the…
Culture
Canadian Genre Filmmaking Sharpens its Edge, Cutting Deep Across Programming Strands at Fantasia’s 29th Edition
While the oeuvre of Toronto director David Cronenberg, the maestro of body horror, has inspired generations of Canadian filmmakers…
Business
The people wrongly accused of cutting the Sycamore Gap tree down
Jo Lonsdale & Martin Lindsay North East and Cumbria Investigations Within hours of the world-famous Sycamore Gap tree being illegally…
News
Pam Bondi clashes with House Democrats over cutting jobs at ATF
Fireworks erupted Monday at a House hearing when Rep. Rosa DeLauro accused Attorney General Pam Bondi of trying to whittle away the Bureau…
News
Trump told Fed Chair he was ‘making a mistake’ not cutting rates: White House
President Donald Trump on Thursday stepped up pressure on Jerome Powell to cut interest rates, the White House said, describing his first…
Business
HP plunges after cutting profit outlook on tariffs, economy
HP dropped about 15 per cent in extended trading after the company’s profit outlook fell short of estimates and it cut the annual earnings…
News
House GOP seeks savings in cutting Medicaid coverage for illegal immigrants, ineligible recipients
The Republican plan to save $715 billion in Medicaid spending largely centers on cutting benefits to people aged 19 to 64 who are…
Business
iFast plunges 12% after cutting its Hong Kong profit guidance
This is after the company lowered its 2025 Hong Kong profit before tax target to HK$380 million from HK$500 million iFast shares plunged…
Business
Microsoft venture Wicresoft to halt China operations, cutting 2,000 jobs: report
The move is in line with Microsoft’s decision to stop outsourcing after-sales support in China to Wicresoft Microsoft’s joint venture…
Business
Straits Times Index closes slightly lower after cutting intra-day losses
The Singapore blue-chip gauge Straits Times Index (STI) slid almost 0.8 per cent during intra-trading but managed to erase the losses and…
Culture
Volkswagen is cutting thousands of jobs but still dwarfs global rivals
Job cuts are coming thick and fast from Volkswagen (VW). Just since December, it’s announced plans to reduce its German workforce by…
News
What is Doge and why is Musk cutting so many jobs?
James FitzGerald and Holly Honderich BBC News, London and Washington DC Watch: Musk defends government cuts in surprise White House…
Culture
Sundance Grand Jury Winner ‘Cutting Through Rocks’ Acquired by Autlook Ahead of Berlinale (EXCLUSIVE)
Autlook Filmsales has acquired “Cutting Through Rocks,” winner of the Grand Jury Prize of the World Cinema Documentary Competition section…
Celebrity
Armie Hammer Admits ‘I Was a Dick’ and Addresses the Cannibal Text Messages: ‘Did I Ever Have Any Intention of Cutting Anything Off of Anyone? No’
Armie Hammer is addressing the allegations that derailed his Hollywood career four years ago. And while he spoke candidly about his…
Business
US: Stocks retreat, cutting into weekly gains
Wall Street stocks concluded a winning week on a tepid note on Friday (Jan 24), retreating following mixed earnings in a move attributed…
News
Russia warns Europe will "pay the price" for Ukraine cutting off gas
Russia has claimed that Ukraine's decision to let its gas transit agreement with Gazprom expire was influenced by the United States and…