BlackRock announces fresh layoffs impacting less than 1% of staff – memo

By Anirudh Saligrama (Reuters) – BlackRock has announced layoffs that would impact less than 1% of its workforce as a result of budget reallocations to support critical priorities, according to a memo seen by Reuters on Thursday. The investment management firm has about 19,500 employees across more than 30 countries. BlackRock had cut 500 jobs…

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‘Rust’ armorer faces new charge of tampering with evidence

By Andrew Hay (Reuters) -The armorer for the movie “Rust” transferred drugs to someone on the day the film’s cinematographer was shot dead in 2021, special prosecutors said on Thursday as she faced a new charge of tampering with evidence. Prosecutors said the additional charge against Hannah Gutierrez-Reed related to the Oct. 21, 2021, transfer…

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Citi will hold employees ‘accountable’ for office attendance -statement

NEW YORK (Reuters) – Citigroup will start holding employees “accountable” for compliance with hybrid work model rules, the bank said in a statement on Thursday. Bloomberg reported earlier the bank will start to check whether employees are complying with the requirement of working at least three days a week in the office. “We are committed…

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Tunisia tells IMF conditions for financial support risk unrest

(Reuters) – Tunisia’s President Kais Saied told the International Monetary Fund’s managing director that the fund’s conditions to provide financial support to the North African country risks sparking civil unrest, the Tunisian presidency said on Friday. “The President of the Republic made it clear that the International Monetary Fund’s conditions for providing financial support to…

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Argentina’s de Pedro, ally to Kirchner, launches presidential bid

By Nicolás Misculin BUENOS AIRES (Reuters) -Argentine Interior Minister Eduardo ‘Wado’ de Pedro, an ally of powerful Vice President Cristina Fernandez de Kirchner, announced on Thursday he will run for the ruling Peronist bloc’s presidential nomination in August primaries. Ex-cabinet chief and current Tucuman provincial Governor Juan Manzur will be his running mate as vice…

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Facebook to end news access in Canada over incoming law on paying publishers

By Ismail Shakil and David Ljunggren OTTAWA (Reuters) -Meta Platforms Inc plans to end access to news on Facebook and Instagram for all users in Canada once a parliament-approved legislation requiring internet giants to pay news publishers comes into effect, the company said on Thursday. The legislation, known as the Online News Act, was approved…

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California, other states join FTC bid to block Amgen deal

By David Shepardson WASHINGTON (Reuters) – The states of California, New York, Illinois, Minnesota, Washington and Wisconsin have joined a Federal Trade Commission (FTC) lawsuit to stop Amgen’s $27.8 billion deal to buy Horizon Therapeutics, according to a court filing on Thursday. Washington Attorney General Bob Ferguson said his state had joined the lawsuit because…

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