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Meta Platforms, the parent company of Facebook, Instagram and WhatsApp, gained nearly a fifth on the New York stock exchanges on Thursday. Investors welcomed the results of the social media company, which
Unemployment in the eurozone stabilized again in December at an all-time low, helped by the tight labour market. According to the European statistics agency Eurostat, the unemployment rate that month was 6.6
Philips is cutting another 6,000 jobs worldwide. The Dutch electronics group announced this on Monday morning. In October, Philips announced it would reduce its global workforce by 4,000. The new job cuts
The Chinese economy grew in 2022 at the second-lowest rate since the 1970s. The world’s second-largest economy was still struggling last year with the consequences of strict corona policies, which put pressure
Lufthansa senior executives can expect millions in bonuses for 2021 and 2022, while the group received state aid during that period. Handelsblatt writes this based on insiders. According to the German business
Adobe is the youngest company in the long line of American (big) tech companies that are making rounds of layoffs. At Adobe, 100 jobs are disappearing. Software company Adobe is cutting a
Thailand’s economy grew more than expected in the third quarter, aided by the rebound in tourism in Thailand coupled with the cheap Thai baht. Thailand previously suffered greatly from the corona crisis,
US electric vehicle maker Tesla has closed its main showroom in the Chinese capital Beijing. This has been confirmed by anonymous sources to the news agencies Reuters and Bloomberg. Tesla has several
Adidas has ended its partnership with rapper Kanye “Ye” West. The German sportswear brand announced this in a statement on Tuesday. The move is due to recent anti-Semitic statements by the American,
