Shopify To Lay Off 10% Of Workforce – WSJ
(Reuters) – Canada’s Shopify is laying off 10% of its workforce, or about 1000 employees, the Wall Street Journal reported…
Reuters
Fed Chair Powell Is Not Done Telling Markets Where Rates Will Go
By Ann Saphir WASHINGTON (Reuters) – Since it began its current round of interest-rate hikes this year, the U.S. Federal…
Europe Agrees Compromise Gas Curbs As Russia Squeezes Supply
By Kate Abnett BRUSSELS (Reuters) -European Union countries approved a weakened emergency plan to curb their gas demand on Tuesday,…
UBS Set For Challenging Second Half After 2nd Qtr Disappoints
By Oliver Hirt and Tom Sims ZURICH (Reuters) -UBS posted a smaller-than-expected quarterly profit as turmoil in financial markets hurt…
U.S. Solar Industry Jobs Rose 9% In 2021, Mainly In Installation
By Nichola Groom (Reuters) – The number of jobs in the U.S. solar energy industry rose 9% last year to…
UBS, Retailers Weigh On European Stocks Amid Recession Worries
(Reuters) – European stocks fell on Tuesday as a slide in retailers and Swiss bank UBS offset a rally in…
Oil Rises For A Second Day On Supply Tightness Concerns
By Yuka Obayashi TOKYO/SINGAPORE (Reuters) -Oil prices rose on Tuesday for a second day on increasing concerns about tightening European…
UBS Quarterly Profit Underwhelms, Flags ‘uncertain’ Second Half
ZURICH (Reuters) – Swiss bank UBS posted on Tuesday a smaller-than-expected rise in second-quarter net profit as its investment banking…
Ant Group Executives Left Alibaba Partnership After China Crackdown
BEIJING (Reuters) -Ant Group executives are no longer part of Alibaba Partnership, a body that can nominate the majority of…
Dollar Near Recent Peaks As Fed Looms, Growth Fears Weigh
By Tom Westbrook SINGAPORE (Reuters) – The dollar held just below multi-decade peaks on Tuesday as traders awaited a rate…