job-creation
Top StoriesGeorgia to Announce $7 Billion Hyundai Ev Investment as Biden Visits Seoul – Sources
Top StoriesRee Automotive to Build Commercial Ev Plant in UK’s Coventry
Top StoriesUK Seeks Labour Market Solutions to Ease Cost-Of-Living Crisis
Top StoriesExclusive-Hyundai Plans U.S. Ev Plant, in Talks With Georgia – Sources
U.S. Rate Outlook Hits Stocks, Propels Dollar to 20-year Highs
Date: May 6, 2022
By Carolyn Cohn LONDON (Reuters) – U.S. stock futures were indicating a lower open on Friday following a slide in the previous session on U.S. rate hike expectations, though the rate outlook briefly drove the dollar to its highest in 20 years. Asian stocks fell on worries about the hit to growth from China’s zero-COVID...
Henkel to Cut 2,000 Jobs in Face of Rising Costs, Slow Demand
Date: May 5, 2022
BERLIN (Reuters) -Germany’s Henkel is slashing 2,000 jobs in response to rising costs and low demand for its shampoos and hair sprays and aims to make 500 million euros ($530 million) in gross savings in the medium-term from the merger of its cosmetics and detergents units. The job cut and savings targets, announced on Thursday,...
UK Card Spending, Online Job Ads Fall After Easter – Ons
Date: April 28, 2022
LONDON (Reuters) – Measures of consumer behaviour in Britain weakened after the recent Easter holidays, and online job adverts also decreased, the Office for National Statistics said on Thursday. Interbank CHAPS payments related to spending on credit and debit cards fell nine percentage points in the week to April 21 from the previous week to...
UK Business Stumbles on Inflation and Ukraine War Worries -PMI
Date: April 22, 2022
LONDON (Reuters) – Britain’s private sector suffered a sharp slowdown this month as high inflation and the conflict in Ukraine weighed on the country’s giant services sector, a survey published on Friday showed. The preliminary S&P Global/CIPS composite Purchasing Managers’ Index (PMI) dropped to a three-month low of 57.6 in April from 60.9 in March....
Spain’s Jobs Market Improves as Reforms Help Offset Strike, Inflation
Date: April 4, 2022
By Belén Carreño (Reuters) – Spain’s labour market withstood soaring inflation and a crippling truckers’ strike in March to see a drop in unemployment, data showed on Monday, helped in part by reforms aimed at cutting the use of temporary contracts. The number of people registering as jobless in Spain slipped 0.09% in March from...
Facebook Owner Meta Puts Plans to Build Dutch Data Centre on Ice
Date: March 29, 2022
AMSTERDAM (Reuters) – Facebook owner Meta said on Tuesday it was suspending plans to build a giant data centre in the Netherlands, following political opposition. The move comes a week after the Dutch Senate passed a motion asking Prime Minister Mark Rutte’s government to “use its powers” to temporarily block construction of the site in...