In their fourth-quarter earnings reports, Wells Fargo, Bank of America, and Citigroup disclosed a combined reduction of 17,700 employees in 2023. The
Citigroup (C.N) revealed plans to cut 20,000 jobs over the next two years in response to a “clearly disappointing” quarter marked by
The European Commission (EC) is set to investigate Chinese automakers, including BYD, Geely, and SAIC, in the upcoming weeks as part of
Microsoft briefly claimed the title of the world’s most valuable company, overtaking Apple for the first time since 2021. This shift in
Rental giant Hertz Global Holdings has decided to sell approximately 20,000 electric vehicles (EVs), including Teslas, from its U.S. fleet, signaling a
Bitcoin exchange-traded funds (ETFs) listed on U.S. exchanges witnessed a trading volume of $4.6 billion shortly after their debut, marking a historic
A high-level European Union official, Thierry Breton, reveals that former U.S. President Donald Trump warned top European officials at the World Economic
In a tit-for-tat move, Iran seized the Marshall Islands-flagged tanker, St Nikolas, carrying Iraqi crude destined for Turkey. The vessel, previously confiscated
According to sources cited by Bloomberg News on Tuesday, Amazon’s streaming platform, Twitch, is reportedly poised to reduce its staff by 35%,
BlackRock, the global asset management giant, revealed plans to trim around 3% of its workforce, approximately 600 positions, as part of a
