job-creation
Top StoriesElon Musk Plans to Cut Half of Twitter Jobs – Bloomberg News
BusinessGlobal Jobs Growth Will ‘deteriorate Significantly’ This Quarter – Ilo
Top StoriesCredit Suisse Overhaul Welcomed by Swiss National Bank – Paper
InvestingCredit Suisse Seeks Billions From Investors in Make-Or-Break Shake-Up
Hyundai Breaks Ground on $5.5 Billion U.S. Ev, Battery Plant
Date: October 26, 2022
By David Shepardson ELLABELL, Ga. (Reuters) – Hyundai Motor Co broke ground on a $5.54 billion electric vehicle (EV) and battery plant in the United States on Tuesday, as South Korea’s biggest automaker grapples with an uncertain outlook for its EV sales in its top market. The investment is the largest in the state’s history...
Bmw Invests $1.7 Billion to Build Electric Vehicles in U.S
Date: October 19, 2022
By David Shepardson SPARTANBURG, South Carolina (Reuters) -BMW AG said on Wednesday it will invest $1.7 billion to build electric vehicles in the United States, the latest announcement from a major automaker about plans to ramp up U.S. EV production. The German company said it was making a new $1 billion investment in its Spartanburg,...
Italy’s Mps to Launch Share Sale After Banks Give Blessing
Date: October 13, 2022
By Valentina Za and Giuseppe Fonte MILAN (Reuters) – Italy’s Monte dei Paschi di Siena (MPS) will brave rocky markets next week as it seeks to raise up to 2.5 billion euros ($2.4 billion) in a share sale, after managing on Thursday to clinch support from a group of banks. MPS needs more cash to...
UK Job Vacancies Fall to Post-Pandemic Levels, Rec Says
Date: September 30, 2022
LONDON (Reuters) – British job vacancies dropped to the lowest level since the COVID-19 pandemic last week, a sign of a further weakening in the labour market that has been cooling since July, according to data from the Recruitment & Employment Confederation (REC). There were 143,000 new job postings in the week of Sept. 19-25,...
Factbox-Companies Cut Jobs, Freeze Hiring to Prepare for Economic Slowdown
Date: September 28, 2022
(Reuters) – Technology companies, crypto exchanges and financial firms are cutting jobs and slowing hiring as global economic growth slows due to higher interest rates, red-hot inflation and an energy crisis in Europe. In a sign of a tough second half of the year, growth in the world’s largest economy, the United States, shrank for...
UK’s Made.com to Cut Jobs and Launch Strategic Review
Date: September 23, 2022
(Reuters) -British online furniture retailer Made.com said on Friday it would cut jobs, conduct a strategic review, including a formal sale process, and withdraw its full year forecast due to “challenging” market conditions. Made.com would cut back costs by laying off staff within the next few weeks, it said in a statement. It didn’t immediately...