Tag: layoffs

Finance

Bracing for another wave of layoffs: Citigroup plans job cuts as a part of restructuring

by Riya Thomas

September 15, 2023

Citigroup plans to operate five main businesses and terminate three regional chiefs who look after the ...

Technology

Amazon Announces Second Round of Layoffs, 9000 Roles to be Terminated

by Rahil Adnan

March 21, 2023

Amazon Inc announced a second round of layoffs on Monday, which would result in the termination ...

Finance

Meta shares increase the most since 2013 and earns $40 billion in share buybacks

by Riya Thomas

February 3, 2023

UAE’s e& Expands into Europe with €2.3 Billion PPF Telecom Acquisition

e& is acquiring PPF Telecom's infrastructure division, CETIN, which will increase operational effectiveness and help generate income constantly. The telecom ...

February 13, 2025

Banking

Egypt’s Inflation Slows to 23.2% in January, But Food Prices Keep Rising

Food security is still a significant problem, with Egypt buying 80% of its wheat from Russia and Ukraine. Egypt's headline ...

February 12, 2025

Technology

Europe Rethinks AI Rules to Compete Globally

European lawmakers approved the AI Act, the first comprehensive set of rules for the technology globally. French President Emmanuel Macron ...

February 11, 2025

Technology

US-Saudi Arabia AI Partnership Reaches New Stepping Stone

AI governance must be formulated in a way which boosts the confidence of investors and Saudi Arabia has an ‘open-door ...

February 10, 2025

Banking

Bank of England Warns of Economic Stagnation, Approves Interest Rate Cuts

The Bank of England expects the inflation to increase from 2.5% to 3.7%, above the 2% target Rachel Reeves’s growth ...

February 7, 2025

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The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.