PayPal has announced its plan to cut its global workforce by 9% or about 2,500 jobs this year. PayPal is planning to cut its global workforce by 9% or about 2,500 jobs this year, according to its CEO Alex Chriss.
Articles by Trisha Andrada
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Samsung predicted a gradual rebound in tech demand and memory chips in 2024 despite a 34% drop in 2023 fourth-quarter profitability.
The Thai Air Force plans to petition the state budget for 19 billion baht ($538 million) to buy new fighter jets to replace its old fleet.
The Bank of England fined HSBC £57.4 million ($72.8 million) for "serious failings" in customer money protection.
Inmates are part of a covert workforce in the US that is associated with several famous food firms. A secret workforce in the United States is connected to hundreds of well-known food companies, and it involves prisoners.
The European index rose 3.1% last week to its highest level since January 2022. Investors in Europe's stock markets are bracing for a flood of earnings reports, data releases, and statements from central banks, with the trading getting off to a shaky start this week.
After entering voluntary administration last October, Australian dessert maker Sara Lee is now being sold.
The Security Service of Ukraine identified a $40 million corruption plot involving the Ukrainian military's arms purchase.
Hong Kong court ordered real estate giant China Evergrande Group to liquidate, a sign that might shake China's financial markets.
The UK's competition regulatory said it will investigate Vodafone's proposed merger with Three.
A team of researchers has developed a "breakthrough" world-first blood test for brain cancer, which British experts said could revolutionize the detection and treatment of the disease and increase survival rates.
Treasury Secretary Janet Yellen supported President Joe Biden's economic program, comparing it with that of former President Donald Trump.
Cultural flaws, incompetence, and poor leadership at Cruise caused regulatory difficulties and cover-up suspicions after an October 2023 pedestrian accident.
Western Australia's Lotterywest Subiaco headquarters spokesperson explained what happens behind the scenes when lucky winners win the most unlikely prizes.
Australia's Postal Service Suggests Stamp Price Hike of 25%, Which Consumer Watchdog Won’t Challenge
The Australian Competition and Consumer Commission has indicated that it would not oppose Australia Post's 25% stamp price increase while collecting stakeholder input.
Tesla CEO Elon Musk told investors a cheaper EV will be produced later this year. Tesla CEO Elon Musk informed investors on Wednesday, January 24, that a more affordable variant of the electric vehicle (EV) would be released later this year.
Qatar, one of the world's top LNG producers, is delaying some deliveries to Europe due to the Red Sea crisis.
China will reduce its banks' liquidity reserves at the start of next month to boost its struggling economy.
Netflix surprised Wall Street with 13 million new users in the fourth quarter. With a strong 13 million new members in the last quarter, Netflix shocked Wall Street and dispelled fears that its campaign against password sharing was losing momentum.
Bitcoin dropped to a seven-week low on Monday, the lowest since the 11 spot bitcoin exchange-traded funds (ETF) rolled out earlier this month.