News

Layoffs announced by U.S.-employers jumped to levels not seen since the last two recessions amid mass federal government job cuts, canceled contracts and fears of trade wars, offering the clearest...

Microsoft will invest an additional 5.4 billion rand ($296.81 million) by the end of 2027 to expand its cloud and artificial intelligence infrastructure in South Africa to meet the growing...

The U.K. is supposedly losing out on over £3 billion in consumer spending and £320 million in VAT each year, as more British citizens take advantage of the growing trend...

The IRS is reportedly planning to reduce its workforce by up to 50%, which could involve a combination of layoffs, voluntary buyouts, and attrition, according to sources familiar with the...

President Donald Trump said on Tuesday U.S. lawmakers should get rid of a landmark 2022 bipartisan law to give $52.7 billion in subsidies for semiconductor chips manufacturing and production and...

About one-third of the staff in the U.S. Commerce Department office overseeing $39 billion of manufacturing subsidies for chipmakers was laid off this week, two sources familiar with the situation...

A $13 billion "hyperscale" data centre in North East England proposed by U.S. private equity group Blackstone has been given the green light to go ahead by council planners. Northumberland...

The smallest U.S. businesses shed jobs in February and average revenue fell, a sign of pressure in one vulnerable sector of the economy that preceded the Trump administration's announcement of...

U.S. private payrolls increased at the slowest pace in seven months in February, blamed on policy uncertainty, likely related to tariffs on imported goods, and slowing consumer spending. The ADP...

Goldman Sachs plans to trim its staffing by 3% to 5% in an annual performance review process this spring, said a source familiar with the matter who declined to be...