The world’s leading oil producers are expected to announce an increase in output this week amid…
Category: News
Emirates set to cut 9,000 jobs, citing pandemic
The president of Emirates said the Middle Eastern airline is set to cut as many as…
Taxes will rise to pay for virus, IFS think tank warns
Taxpayers face a day of reckoning when the government’s massive coronavirus support measures have to be…
John Lewis and Boots to cut 5,300 jobs
Two of the UK’s biggest High Street retailers, John Lewis and Boots, have announced 5,300 job…
United Airlines to furlough up to 36,000 staff
United Airlines says up to 36,000 of its workers could be furloughed due to the coronavirus…
Budget airline AirAsia’s future in ‘significant doubt’
The future of Asia’s biggest budget airline, AirAsia, is in “significant doubt”, auditor Ernst & Young…
DHL to cut 2,200 jobs at Jaguar Land Rover plants
About 2,200 jobs supplying Jaguar Land Rover manufacturing plants are at risk. Read more at https://www.bbc.com/news/uk-england-birmingham-53325405
Levi’s cuts 700 jobs due to falling sales
US jeans brand Levi Strauss is cutting 700 jobs, or about 15% of its corporate staff,…
Japan’s household spending slumps at record rate
Japan’s household spending has slumped at a record pace as measures to slow the spread of…
TikTok to exit Hong Kong market ‘within days’
TikTok has said it will quit the Hong Kong market after China imposed a new security…
Tesco demands supplier price cuts in discount battle
Tesco has reportedly asked suppliers to agree price cuts as it steps up its battle with…
Fujitsu announces permanent work-from-home plan
Technology firm Fujitsu has said it will halve its office space in Japan as it adapts…