Business & Startups

Reuters · 4 weeks ago

US Jobs Report Set to Shape Rate Outlook as Wall Street Wraps Up Strong First Half

Investors are closely watching the upcoming U.S. jobs report as it could influence Federal Reserve rate expectations and market sentiment, particularly across technology and semiconductor stocks.

Reuters · 1 month ago

South Korea prepares for round-the-clock won trading as banks brace for operational challenges

South Korea will launch 24-hour won trading from July 6, with banks increasing staffing and preparing for continuous operations while balancing liquidity and market volatility concerns.

Reuters · 1 month ago

Australia adds jobs in May as unemployment eases, keeping rate outlook in focus

Australia's employment rebounded in May with stronger-than-expected job gains and a lower unemployment rate, while economists continued to assess the outlook for future interest rate decisions.

ad-hoc-news.de (Based on Reuters) · 1 month ago

Renault to Reduce Around 800 Engineering Jobs in France Amid Cost Restructuring

Renault plans to reduce around 800 engineering roles in France through voluntary measures as part of a broader efficiency and cost-control initiative.

Reuters · 1 month ago

India, US Explore Options for Interim Trade Agreement Following Fresh Talks

India and the United States have discussed possible routes toward an interim trade agreement, with both sides reporting progress in ongoing negotiations aimed at strengthening economic ties.

Reuters · 1 month ago

India’s Trade Minister to Hold UK Talks Before Bilateral Trade Pact Takes Effect

India’s Trade Minister Piyush Goyal will visit the UK this week to discuss preparations for the India-UK trade agreement, which is scheduled to take effect on July 15

Reuters · 1 month ago

US Manufacturing Growth Continues in June as Factory Hiring Falls Sharply

U.S. manufacturing expanded for a fourth consecutive month in June as companies increased orders to guard against potential supply disruptions and price increases. However, factory employment dropped to its lowest level in six years amid concerns over rising costs.

Reuters · 1 month ago

Lucid Plans U.S. Workforce Reduction of About 18%, COO Marc Winterhoff Departs

Electric vehicle manufacturer Lucid is reducing its U.S. workforce by roughly 18% and has confirmed the departure of Chief Operating Officer Marc Winterhoff as the company continues efforts to improve profitability.

Moneycontrol · 1 month ago

BlackRock Reduces Workforce by Around 200 Employees in Latest Restructuring Move

BlackRock is cutting nearly 200 jobs across several business divisions, marking another workforce adjustment as the company continues to reshape operations following recent acquisitions.

Reuters · 1 month ago

European Pilot Union Pushes Regulators to Address Airline Staffing Loophole

A European pilots' association is urging regulators to tighten oversight of airline staffing practices, arguing that outsourced flight crews often receive weaker employment protections than directly hired workers.

Reuters · 1 month ago

Wix.com to Cut Around 1,000 Jobs as AI and Currency Pressures Reshape Operations

Website-building platform Wix.com will cut about 1,000 jobs, citing the impact of a stronger Israeli shekel and rapid advances in AI. The company says changing economics and increased automation are driving a leaner operating model.

The Guardian · 1 month ago

007 First Light review: IO Interactive delivers the best James Bond game in years

IO Interactive’s 007 First Light revives the James Bond gaming franchise with cinematic storytelling, stealth gameplay and immersive espionage action.

The Economic Times · 1 month ago

Air India cuts 22% domestic flights amid rising fuel costs

Air India is temporarily reducing 22% of its domestic flights as soaring fuel prices and operational pressures continue to impact airline profitability and route operations.

India Today · 1 month ago

From Messi to lawsuits: The dramatic collapse of Byju’s empire

Once valued at $22 billion and backed by global investors, Byju’s is now battling insolvency, lawsuits and governance controversies as founder Byju Raveendran faces jail time in Singapore.

Khaleej Times · 2 months ago

Dubai gold prices fall as oil surge and US-Iran tensions shake markets

Gold prices in Dubai dropped sharply as rising oil prices and continued uncertainty around US-Iran tensions increased volatility across global commodity markets.

NDTV · 2 months ago

Delhi CNG prices hiked again as Iran conflict pushes fuel costs higher

Delhi’s CNG prices have increased for the fourth time in 11 days as global energy disruptions linked to the Iran conflict continue impacting India’s fuel market.

BBC News · 2 months ago

Next CEO warns UK faces dramatic fall in entry-level jobs

Next CEO Lord Wolfson says youth unemployment in the UK is worsening as rising business costs, automation and labour reforms reduce entry-level hiring opportunities.

The Hindu · 2 months ago

LIC Q4 profit jumps 23% to ₹23,420 crore, announces ₹10 final dividend

LIC reported a strong rise in quarterly and annual profit driven by premium growth, investment income and expanding business channels, while also announcing a ₹10 final dividend for shareholders.

Upstox · 2 months ago

Maruti price hike, LIC profit jump and Hindalco earnings among key stocks to watch today

Maruti Suzuki, LIC, GAIL, ITC, Hindalco and several major companies are expected to remain in focus as earnings announcements, price hikes, acquisitions and stake-sale reports drive market sentiment ahead of Friday’s trading session.

Reuters · 2 months ago

SpaceX targets $2 trillion valuation with AI and Starlink expansion plans

SpaceX’s IPO filing values the company near $2 trillion as investors back Elon Musk’s ambitious plans for Starlink, AI infrastructure and reusable rockets despite rising quarterly losses and execution risks around Starship development.

Moneycontrol · 2 months ago

GIFT Nifty Jumps 150 Points As Global Markets Rally On US-Iran Peace Hopes

GIFT Nifty climbed 150 points as global equities strengthened and oil prices eased amid optimism surrounding possible US-Iran peace negotiations.

CNBC · 2 months ago

Adani Gets Major U.S. Legal Relief As SEC, Treasury And DOJ Cases Ease

Gautam Adani and the Adani Group received major legal relief in the U.S. after Treasury settlements and reports that DOJ and SEC investigations are moving toward closure.

CNBC · 2 months ago

Over 47,000 Samsung Electronics Workers To Strike As Wage Talks Collapse

More than 47,000 Samsung Electronics workers are set to strike after wage negotiations collapsed, raising concerns over semiconductor production and global chip supply chains.

Upstox News · 2 months ago

JBM Auto, Olectra Greentech Shares In Focus Amid Reports Of $1 Billion India EV Push

Indian EV stocks including JBM Auto and Olectra Greentech are in focus after reports suggested a potential $1 billion government incentive plan for electric buses and trucks.