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Image for The skills gap to become the skills chasm in 2023Business

The Skills Gap to Become the Skills Chasm in 2023

Image for Asian stocks edge up before U.S. jobs data, defying Wall Street selloffTop Stories

Asian Stocks Edge up Before U.S. Jobs Data, Defying Wall Street Selloff

Image for Banks push FTSE 100 to nine-month highs; recession worries loomBanking

Banks Push FTSE 100 to Nine-Month Highs; Recession Worries Loom

Image for European shares dip as media stocks slide, Fed worries resurfaceInvesting

European Shares Dip as Media Stocks Slide, Fed Worries Resurface

Image for Amazon CEO says job cuts to exceed 18,000 roles

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...

Image for UK factories face tough 2023 after December weakness

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...

Image for Spanish manufacturing output down for 6th straight month in Dec -PMI

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...

Image for Few tourists, deserted streets in casino hub Macau after reopening

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,...

Image for Hundreds of Tyson Foods employees to depart as company closes offices – WSJ

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....

Image for UK PM Sunak plans anti-strike laws to protect lives, jobs – Daily Mail

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...