Global Grind
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Uber Cuts 600 Jobs In India As Lockdown Hits Business
Uber Technologies Inc will cut around 600 jobs in India as part of its plans to cut 23 per cent of its global workforce, as the company navigates a lockdown that has brought businesses in the country to a grinding halt.
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Global Economy Suffering "Synchronized Slowdown", Says IMF Chief
Grinding trade disputes are undermining the global economy, which is set to see its slowest growth in nearly a decade, the new IMF chief said Tuesday.
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Factory Activity Growth Slows in Asia, Europe, US in November
Manufacturing growth across Asia, Europe and the Americas eased in November as heavy price cutting failed to revive demand, surveys showed on Monday, providing more evidence that a feeble global economic recovery may be grinding to a halt.
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World Stocks Grind Higher After Central Bank Stimulus Signals
European shares, which had their best day in a month on Friday after the People's Bank of China cut interest rates, edged higher still on Monday after sources told Reuters at the weekend Beijing was ready to ease policy further to head off slowing inflation.
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Asia shares mostly higher, plenty of risk ahead
Japanese shares found further comfort in a softening yen with the dollar grinding up to 102.41, though it failed to clear resistance around 102.60. The dollar was a shade firmer on the euro at $1.3625, against $1.3635 late Friday.
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One of Justin Bieber's album tracks was written about a gay love affair
The 18-year-old pop star recorded Bigger for his first album My World without knowing it was about two men breaking up.
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Uber Cuts 600 Jobs In India As Lockdown Hits Business
Uber Technologies Inc will cut around 600 jobs in India as part of its plans to cut 23 per cent of its global workforce, as the company navigates a lockdown that has brought businesses in the country to a grinding halt.
-
Global Economy Suffering "Synchronized Slowdown", Says IMF Chief
Grinding trade disputes are undermining the global economy, which is set to see its slowest growth in nearly a decade, the new IMF chief said Tuesday.
-
Factory Activity Growth Slows in Asia, Europe, US in November
Manufacturing growth across Asia, Europe and the Americas eased in November as heavy price cutting failed to revive demand, surveys showed on Monday, providing more evidence that a feeble global economic recovery may be grinding to a halt.
-
World Stocks Grind Higher After Central Bank Stimulus Signals
European shares, which had their best day in a month on Friday after the People's Bank of China cut interest rates, edged higher still on Monday after sources told Reuters at the weekend Beijing was ready to ease policy further to head off slowing inflation.
-
Asia shares mostly higher, plenty of risk ahead
Japanese shares found further comfort in a softening yen with the dollar grinding up to 102.41, though it failed to clear resistance around 102.60. The dollar was a shade firmer on the euro at $1.3625, against $1.3635 late Friday.
-
One of Justin Bieber's album tracks was written about a gay love affair
The 18-year-old pop star recorded Bigger for his first album My World without knowing it was about two men breaking up.
