Culture
US: Wall Street opens higher on rate cut hopes; earnings in spotlight
Wall Street futures opened higher on Tuesday (Aug 5), supported by ongoing optimism over potential Federal Reserve interest rate cuts,…
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Culture
Sats opens new cargo handling facility at Changi to cut processing time by 20%
Sats on Tuesday (Aug 5) opened a new air-cargo handling facility in Changi Airport, which is expected to cut minimum processing time for…
Culture
Amazon to cut Wondery staff, reorganise audio business
Amazon.com is breaking up the operations of its Wondery podcast network as part of a broad reorganisation of the business. About 110…
Culture
Starbucks plans kiosks to cut long lines at airport locations
Starbucks is working on adding ordering kiosks to busy locations in the US that cater to on-the-go customers. The Seattle-based coffee…
Culture
Trump pressures 17 pharma CEOs to cut US drug prices
President Donald Trump sent letters to the leaders of 17 major pharmaceutical companies outlining how they should slash US prescription…
Culture
Moderna to cut 10% of staff to offset slowing Covid business
[CAMBRIDGE, MASSACHUSETTS] Moderna is cutting about 10 per cent of its workforce, part of an effort by the struggling biotech company to…
Culture
HKMA to cut costs, freeze hiring as city battles deficit: report
Hong Kong’s de-facto central bank is planning to cut costs next year, according to a local news report, as the city takes steps to reduce…
Culture
Tata Consultancy Services to cut workforce by 2%, affecting more than 12,000 jobs
— India’s largest IT services provider Tata Consultancy Services (TCS) will reduce its workforce by 2 per cent in its 2026 financial year,…
Culture
Gold holds dip as traders pare rate cut bets on US job strength
held a decline on Friday - but remained on track for a small weekly gain - as resilient US jobs data reinforced views that the Federal…
Culture
Intel says revenue rose as it cut ranks
Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 per cent of its workforce to be…
Culture
UBS loses EU fight over Credit Suisse’s role in ‘Sterling Lads’, but fine cut sharply
The tribunal cut the amount of the fine from 83.2 million euros to 28.9 million euros Group lost the crux of its case against European…
Culture
ECB may wait until December to make final rate cut: survey
The European Central Bank (ECB) can delay its final interest-rate cut until December without investors concluding in the meantime that…
Culture
Fed’s Waller wants July interest rate cut amid rising growth, job market risks
Federal Reserve governor Christopher Waller said on Thursday (Jul 17) that he continues to believe the US central bank should cut interest…
Culture
Julius Baer seeks to cut bonuses of bankers with risky books: sources
The move comes as the Swiss lender’s top management seek to reset and put the bank on a path for growth after a string of missteps Julius…
Culture
Scale AI to cut 14% of staff following Meta investment
Scale AI is laying off hundreds of employees from its data-labelling business, one-month after Meta Platforms invested US$14.3 billion in…
Business
Drone strikes shut oilfields in Iraq's Kurdistan, cut output by up to 150,000 bpd
Smoke rises after a drone attack targeted oil facilities in the Zakho area of Iraq Several oilfields halted operations due to significant…
Fashion
I Moved From L.A. to NYC and Cut My Closet in Half—These 9 Outfits Made the Edit
Welcome to Before I Head Out, a series in which fashion editor Anneliese Henderson rounds up the snaps she's taken of her favorite outfits…
Business
France's prime minister wants to cut 2 public holidays to save money for the indebted economy
PARIS (AP) — France’s prime minister proposed on Tuesday the elimination of two public holidays from the country’s annual calendar —…
Fashion
I Recently Had My Hair Cut Short—Here’s How to Style a Curly Bob
I’ve always had a love-hate relationship with my natural hair texture. Part wavy, part curly, it’s never fallen fully into one camp or the…
Culture
Indeed, Glassdoor to cut 1,300 jobs amid AI integration: memo
Recruit Holdings, the Japanese parent of Indeed and Glassdoor, will reduce headcount by around 1,300 across the two job sites amid a shift…
Culture
BYD, other EV battery makers face more pressure to cut emissions
Electric vehicle (EV) battery suppliers, including BYD and EVE Energy, need to step up efforts to switch to clean power at manufacturing…
Culture
Malaysia rate cut bets grow as tariff talks weigh on outlook
Expectations are growing for Malaysia’s central bank to cut interest rates at its policy meeting on Jul 9, which is also the deadline for…
Culture
Microsoft to cut about 9000 jobs amid hefty AI bets
Microsoft will lay off nearly 4 per cent of its workforce, or about 9000 people, the company said on Wednesday (Jul 2), in the latest job…
News
Trump Threatens to Cut Aid to Israel for Stunning Reason
Even the Iranians are surprised by how little damage Donald Trump’s bombs apparently did. An intercepted communication between Iranian…