Business

US auto giant Ford to axe 3,200 jobs in Germany: union

BERLIN, Germany (AFP) - US auto giant Ford is planning to axe 3,200 jobs in Germany, a union said Monday, adding…

Microsoft to axe 10,000 jobs as tech gloom deepens

by Alex PIGMAN Agence France-Presse WASHINGTON, United States (AFP) -- Microsoft on Wednesday said it would lay off 10,000 employees…

Bank of Japan leaves policy unchanged, yen weakens

Tokyo, Japan (AFP) by Kyoko HASEGAWA / Sara HUSSEIN Japan's central bank left its ultra-easy monetary policy unchanged Wednesday, bucking…

Nurses in England launch fresh strikes over pay

London, United Kingdom (AFP) - Nurses in England began two days of strikes over pay Wednesday, as officials warned of…

Microsoft to cut staff again: reports

San Francisco, United States (AFP)  -  Microsoft is readying to cut more positions from its global workforce as tech giants…

Asian stocks struggle, even as China growth tops forecasts

Hong Kong, China (AFP) -- Asian stocks mostly fell Tuesday but pared early losses after data showed China's economy grew…

Cost-of-living crisis biggest global risk: Davos study

London, United Kingdom (AFP) The cost-of-living crisis will be the biggest global risk over the next two years, a survey…

Wages set to rise sharply to catch spiralling inflation, ECB predicts

  Berlin, Germany (AFP) The eurozone will experience "very strong" growth in wages in the next months as salaries catch up with…

Swiss central bank faces record loss

Zurich, Switzerland (AFP) The Swiss central bank said Monday it expects to have logged a record loss totalling 132 billion…

Clothes retailer Next shrugs off UK cost-of-living crisis

London, United Kingdom (AFP) Shares in UK clothing retailer Next soared to the top of the London market Thursday after…

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