Wave of job cuts at GM in software business
American carmaker General Motors said Monday that it would be making layoffs in its software and IT services business, confirming ...
Tag: cuts
Supply declines with production cuts.. Fertilizer crisis threatens to worsen inflation in Egypt | Economy
AlexandriaFertilizer prices in Egypt have risen to historic levels with a scarcity of supply of all types, causing repeated increases ...
China’s central bank cuts interest rates, yuan weakens | Economy
The People's Bank of China (PBOC) cut interest rates on Monday, in a move that came as a surprise to ...
China cuts Saudi oil imports by 14% | Economy
China's imports of Saudi oil fell significantly in June, according to official data released on Saturday. Shipments from Saudi Arabia, ...
Israel’s fiscal deficit widens to 7.6% on war, central bank cuts growth forecast | Economy
Israel's fiscal deficit widened in June to 7.6% of gross domestic product over the past 12 months, or NIS 146 ...
Israel cuts public spending to cope with cost of population displacement | Economy
The Israeli cabinet has cut public spending by 1% for all government ministries, except the Defense Ministry, in the 2024 ...
The European Central Bank cuts interest rates for the first time in 5 years Economy
6/6/2024-|Last updated: 6/6/202406:22 PM (Mecca time)Today, Thursday, the European Central Bank lowered interest rates for the first time in 5 ...
Oil stabilizes after OPEC+’s decision to extend production cuts Economy
There was no significant change in oil prices in early trading on Monday, amid fluctuations between a slight rise and ...
Reuters: OPEC Plus may extend oil production cuts Economy
Two sources in the OPEC Plus alliance said that although the alliance meeting scheduled for tomorrow, Sunday, to decide on ...
Tesla: Elon Musk cuts two services and lays off at least 500 employees
Billionaire Elon Musk has closed two departments of the car manufacturer Tesla, dismissing their two managers with immediate effect and ...
