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Economy contracted in December by 0.5% after expansion of 0.1% and 0.55% in previous two monthsBusiness live updates: UK ‘not out of woods yet’ – Jeremy HuntThe UK avoided entering a recession at the end of last year by the narrowest of margins, offici…
The British economy stagnated in the final three months of last year, offering little help for 7 million households expected to struggle to pay food and energy bills.
Free TV Australia has rejected calls for further restrictions, telling inquiry the current regime is poorly understood by the communityFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or dail…
Opposition to a proposed merger between Kroger and Albertsons took a new turn last week after 25 consumers, including a Kirkland man, challenged the $25 billion deal.
Warren Buffett’s company has now sold nearly 95 million of its original 225 million shares of Chinese electric carmaker BYD’s stock, but it remains a significant shareholder.
Reduced ad spends due to rising inflation and higher interest rates have battered Rupert Murdoch’s media conglomerateMedia conglomerate News Corp said on Thursday that it would cut 1,250 jobs after it missed estimates for second-quarter earnings due to…
Mexico’s inflation rate rose in January to 7.91%, leading the country’s central bank to boost its principle interest rate to 11%.
GitLab CEO Sid Sijbrandij said in a message to employees Thursday that the company is reducing headcount by 7%, or about 130 positions. From a report: “The current macroeconomic environment is tough, and as a result, companies are still spending but th…
Microsoft-owned GitHub is laying off 10% of its staff. From a report: In a message to staff on Thursday, GitHub’s CEO Thomas Dohmke said that due to “new budgetary realignments” the company must reduce the workforce “by up to 10% through the end of FY2…
Warning comes as Alphabet’s shares continue to plummet after error made by Bard AI system during demoThe type of factual error that blighted the launch of Google’s artificial intelligence-powered chatbot will continue to trouble companies using the tec…