Layoffs for another 9,000 Amazon employeesCommodities

Layoffs for another 9,000 Amazon employees

Amazon has announced it will cut 9,000 jobs across its global operations, the second major layoff this year. The company…

How Indonesia’s GoTo Shares declined by 4%Stocks

How Indonesia’s GoTo Shares declined by 4%

Indonesia GoTo Group shares have declined by 4.62% after the Indonesia annual loss for 2022 expanded. In 2021, GoTo suffered…

How First Republic Bank is rescued by Wall StreetStocks

How First Republic Bank is rescued by Wall Street

A strong recovery by financials has helped Wall Street’s main indexes close positively on Thursday after some of the country’s…

India has made the largest purchase in historyTechnology

India has made the largest purchase in history

There has been a deep bond between Indian and American companies as manufacturing and supply chain partner, and it keeps…

Samsung to invest $230B in chip production in South KoreaStocks

Samsung to invest $230B in chip production in South Korea

South Korea’s biggest companies, including Samsung Electronics, will join a state plan to invest 422 billion US dollars by 2026…

Foxconn expects a decline in demand for “smart” devicesStocks

Foxconn expects a decline in demand for “smart” devices

Foxconn, a leading provider to tech giant Apple, forecasts that demand for “smart” electronics will diminish somewhat this year, given…

Stock indexes fell sharply ahead of the employment reportStocks

Stock indexes fell sharply ahead of the employment report

On Wall Street, share prices fell sharply on Thursday as investors were uncertain ahead of the publication of the employment…

Russia’s income from oil and gas exports dropped by 38%Commodities

Russia’s income from oil and gas exports dropped by 38%

The revenues Russia made from oil and gas exports slumped to only $18.5 billion in January, a 38 percent plunge,…

The BOE’s plans with the new digital poundCryptocurrencies

The BOE’s plans with the new digital pound

Jon Cunliffe is the Bank of England (BOE) Deputy Governor. He stated that a new digital version of the pound…

Nokia no longer plans to make mobile phonesStocks

Nokia no longer plans to make mobile phones

For the first time in almost 60 years, former mobile phone giant Nokia is changing its famous logo. A week…