St Vincent volcano: Power cuts after another ‘explosive event’
People on the island of St Lucia, which is around 76km north of St Vincent, have been warned to expect air quality to be affected, with harmful gases potentially making …
Read MoreTag: cuts
Carmaker PSA cuts back on transfer of Polish workers to French plant
FILE PHOTO: The logo of French car manufacturer Peugeot is seen at the 33th Auto Zurich Car Show in Zurich, Switzerland, Oct. 31, 2019. REUTERS/Arnd Wiegmann/File Photo PARIS (Reuters) – …
Read More
Kuehne+Nagel owner sees about 20,000 job cuts: Die Welt
FILE PHOTO: The logo of Swiss logistics group Kuehne + Nagel is seen at its headquarters in Schindellegi, Switzerland October 17, 2018. REUTERS/Arnd Wiegmann ZURICH (Reuters) – Freight-forwarder Kuehne+Nagel (KNIN.S) …
Read More
Ray-Ban maker EssilorLuxottica to scrap dividend, eyes cost cuts
FILE PHOTO: Sunglasses from Ray Ban, a Luxottica owned brand, are on display at an optician shop in Hanau, Germany, March 18, 2016. REUTERS/Kai Pfaffenbach/File Photo PARIS (Reuters) – Oakley …
Read More
Trump cuts WHO funding over coronavirus, global toll mounts
WASHINGTON/SYDNEY (Reuters) – U.S. President Donald Trump on Tuesday halted funding to the World Health Organization over its handling of the coronavirus pandemic, drawing condemnation from infectious disease experts as …
Read More
OPEC, allies to confer on Sunday to try to end standoff over cuts plan: sources
FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries (OPEC). Vienna, Austria December 6, 2019. REUTERS/Leonhard Foeger/File Photo DUBAI (Reuters) – OPEC and its allies will hold …
Read More
United Airlines drastically cuts California flights to match demand
FILE PHOTO: A United Airline Airbus A320-200 aircraft lands at O’Hare International Airport in Chicago, Illinois, U.S., April 11, 2017. REUTERS/Kamil Krzaczynski CHICAGO (Reuters) – United Airlines Holdings Inc said …
Read More
Tesla cuts contractors from California, Nevada factories: CNBC
FILE PHOTO: The view of Tesla Inc’s U.S. vehicle factory which was open for business on March 18, despite an order by the Alameda county’s sheriff’s office to comply with …
Read More
Fed cuts rates and NYC, LA close restaurants to fight coronavirus
WASHINGTON (Reuters) – With panic buying on Main Street and fear-driven sell-offs on Wall Street, the U.S. Federal Reserve cut interest rates to near zero on Sunday in another emergency …
Read More
OPEC cuts deal falls apart as Russia resists, sending oil into tailspin
VIENNA (Reuters) – A three-year honeymoon between OPEC and Russia descended into acrimony on Friday after Moscow refused to support deeper oil cuts to cope with the outbreak of coronavirus …
Read More
Oil dips on weaker Chinese demand, traders await OPEC+ cuts
LONDON (Reuters) – Oil prices dipped on Monday on weaker Chinese oil demand in the wake of the coronavirus outbreak and as traders waited to see if Russia would join …
Read More
Oil falls as coronavirus hits demand; OPEC+ considers deeper cuts
LONDON (Reuters) – Oil prices fell on Monday, dragged down by concern over demand in China after the coronavirus breakout, though the possibility of deeper crude output cuts by OPEC …
Read More
IMF cuts global growth forecasts as India falters, says bottom may be near
WASHINGTON (Reuters) – The International Monetary Fund on Monday trimmed back its 2020 global growth forecasts due to sharper-than-expected slowdowns in India and other emerging markets but said a U.S.-China …
Read More
U.S.-China trade deal cuts tariffs for Beijing promise of big farm purchases
WASHINGTON/BEIJING (Reuters) – The United States and China cooled their trade war on Friday, announcing a “Phase one” agreement that reduces some U.S. tariffs in exchange for what U.S. officials …
Read More
Oil edges lower amid doubts over OPEC cuts
TOKYO (Reuters) – Oil prices slipped on Tuesday amid doubts over whether OPEC and other countries will continue to restrain output, edging lower after two days of gains on U.S. …
Read More
FCA-PSA tie-up must be ‘merger of equals’ with no job cuts: UILM trade union
ROME (Reuters) – A possible tie-up between Fiat Chrysler (FCHA.MI) and Peugeot owner PSA (PEUP.PA) must be a “merger of equals” that leads to no job losses in Italy, Italian …
Read More
Oil holds steady as Russia reaffirms commitment to output cuts
TOKYO (Reuters) – Oil prices were steady on Monday, holding on to strong gains last week, after Russia affirmed its commitment to a deal with OPEC producers to keep production …
Read More
Thyssenkrupp CEO announces sweeping job cuts
FILE PHOTO: Martina Merz, supervisory board chairwoman of German steelmaker ThyssenKrupp AG, who is set to replace outgoing CEO Guido Kerkhoff on an interim bases is pictured at the company’s …
Read More
Domino’s cuts cost outlook after third-party delivery hit
(Reuters) – Domino’s Pizza (DPZ.N) surprised investors by resetting its long-term growth goals on Tuesday and said it would cut costs and investment this year as it battles the growing …
Read More