Nearly Half Meta Job Cuts Were In Tech, Execs Say
(Reuters) -Meta Platforms told employees on Friday that 54% of the 11,000 jobs it cut earlier this week were business…
November 11, 2022
Italy’s Benettons, Blackstone Set To Complete Atlantia Buyout Bid -sources
By Elisa Anzolin MILAN (Reuters) -The Benetton family and U.S. investment fund Blackstone aim to press ahead with their offer…
Crypto Markets In Turmoil Over FTX Bankruptcy
(Reuters) – Crypto exchange FTX filed for U.S. bankruptcy on Friday and Sam Bankman-Fried stepped down as CEO, after a…
Twitter Blue signups unavailable after raft of fake accounts
Twitter’s relaunched premium service — which grants blue-check “verification” labels to anyone willing to pay $8 a month — was…
U.S. Hotels Reel From China COVID Curbs Amid Travel Boom
By Priyamvada C (Reuters) – U.S. hotel operators expect more pain from China’s strict COVID-19 lockdowns which have halted construction…
Take Five: A UK Budget And Trouble In Crypto Land
LONDON (Reuters) -The long-awaited UK fiscal plan is (almost) here and after the ructions unleashed by September’s mini-budget, markets are…
Crypto exchange giant FTX collapses, files for bankruptcy
NEW YORK (AP) — It took less than a week for FTX to go from the third-largest cryptocurrency exchange in…
UK External Deficit A Worry, Italy Fiscal Plan ‘realistic’ – S&P
By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) -Britain’s external deficit is a worry and there are questions over the…
Analysis-Europe’s Retailers Brace For Cutback Christmas
By James Davey and Rachel More LONDON/BERLIN (Reuters) – European retailers fear this Christmas could be the worst in at…
Famed painting ‘The Scream’ targeted by climate activists
COPENHAGEN, Denmark (AP) — Norwegian police said two climate activists tried in vain Friday to glue themselves to Edvard Munch’s…