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BusinessThe Skills Gap to Become the Skills Chasm in 2023
Top StoriesAsian Stocks Edge up Before U.S. Jobs Data, Defying Wall Street Selloff
BankingBanks Push FTSE 100 to Nine-Month Highs; Recession Worries Loom
InvestingEuropean Shares Dip as Media Stocks Slide, Fed Worries Resurface

Amazon CEO Says Job Cuts to Exceed 18,000 Roles
Date: January 5, 2023
By Jeffrey Dastin and Uday Sampath Kumar (Reuters) -Amazon.com Inc’s layoffs will now increase to more than 18,000 roles as part of a workforce reduction it previously disclosed, Chief Executive Andy Jassy said in a public staff note on Wednesday. The layoff decisions, which Amazon will communicate starting Jan. 18, will largely impact the company’s...

UK Factories Face Tough 2023 After December Weakness
Date: January 3, 2023
By David Milliken LONDON (Reuters) -British manufacturers are starting 2023 on the back foot, after they reported one of their sharpest falls in activity since the 2008-09 recession last month, reflecting a sharp fall in new orders and ongoing job cuts. The S&P Global/CIPS UK manufacturing Purchasing Managers’ Index (PMI) sank to 45.3 in December...

Spanish Manufacturing Output Down for 6th Straight Month in Dec -PMI
Date: January 2, 2023
MADRID (Reuters) – Factory activity in Spain shrank for the sixth month in a row in December, albeit at a slower pace than the previous month as easing inflation and stronger business confidence provided hope for a stabler period ahead, a survey showed on Monday. S&P Global’s Purchasing Managers’ Index (PMI) for manufacturing inched up...

Few Tourists, Deserted Streets in Casino Hub Macau After Reopening
Date: December 30, 2022
By Joyce Zhou and Tyrone Siu MACAU (Reuters) – Three years of COVID-19 forced Becky Zhang’s specialty food business in Macau to near collapse. Founded by her grandmother more than fifty years ago, her store selling pastries and dried beef only survived thanks to residents who bought small quantities to help keep them afloat. Now,...

Hundreds of Tyson Foods Employees to Depart as Company Closes Offices – Wsj
Date: December 22, 2022
(Reuters) – Hundreds of Tyson Foods Inc employees from two of its largest business units plan to leave as the company consolidates its corporate offices to northwest Arkansas next year, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Tyson Foods did not immediately respond to Reuters request for comment....

UK PM Sunak Plans Anti-Strike Laws to Protect Lives, Jobs – Daily Mail
Date: December 15, 2022
(Reuters) – British Prime Minister Rishi Sunak is planning to introduce anti-strike laws to protect lives and livelihoods, the Daily Mail reported on Thursday. In an interview to the newspaper, Sunak said he hopes that union leaders can see that it is not right to cause disruptions to many people, particularly at Christmas time. “But...
