Disney is planning to cut several thousand jobs as the company looks to reduce spending across its business. The job cuts are expected to affect employees in different parts of the company, people familiar with the matter told CNBC. Disney plans thousands of job cuts as it pushes managers to reduce costs by up to … Read more
* European Union pressure could wipe out so-called ‘golden passports’ EU pressure on Antigua’s ‘golden passport’ trade threatens budget cushion * Antigua’s government collected about $58 million from citizenship sales in 2025 * Ending program would erase more than half Antigua’s projected primary surplus this year, analysts estimate By Sarah Peter CASTRIES, St Lucia, – … Read more
Google, Microsoft and Amazon will report their quarterly earnings this week. Investors will watch how much money these companies are spending on artificial intelligence (AI) and whether this spending is helping them make more money. Google, Microsoft and Amazon face pressure to show returns on their AI investments. (REUTERS/Dado Ruvic/Illustration/File Photo) (REUTERS) These three technology … Read more
The US Federal Reserve is widely expected to keep interest rates unchanged on Wednesday afternoon.The decision comes just a few days before the US midterm elections. Federal Reserve Chair Kevin Warsh faces pressure to explain the rate decision as US inflation rises. (REUTERS/Eric Lee/File Photo) (REUTERS) Federal Reserve Chair Kevin Warsh will have to explain … Read more
Wall Street’s AI rally is facing a big test as investors wait for quarterly earnings reports from major technology companies, including Meta Platforms and Tesla. Recent falls in AI stocks have raised doubts about whether the stock market rally can continue. Wall Street AI rally faces pressure ahead of Meta, Tesla and major chipmakers’ earnings … Read more
US President Donald Trump said Tuesday he would speak very soon with Russian President Vladimir Putin over the reported plague death of a laboratory technician, as Washington pressured Moscow for transparency. Trump to speak to Putin on plague as US steps up pressure Russian authorities denied that they were imposing anti-plague measures and played down … Read more
Residents oppose plans to turn the former hotel and wedding venue into 42 studio apartments for 65 people. (Photo: SWNS) Residents in Maidstone, Kent, have voiced strong opposition to plans to convert a former hotel and wedding venue into a 42-unit co-living development, saying they fear the proposal could put additional pressure on parking, local … Read more
Smoke rises in the aftermath of a Russian jet-powered drone strike, amid Russia’s attack on Ukraine, in Kyiv, Ukraine, September 28, 2026. Russia launched ballistic missiles and several jet-powered drones at Kyiv, Ukraine’s air force reported on Tuesday, as Moscow tries to force Ukraine to crumble under round-the-clock bombardment of its capital and other cities.The … Read more
German Chancellor Friedrich Merz gives a statement at the CDU headquarters in Berlin German Chancellor Friedrich Merz suffered a fresh electoral setback on Sunday as his Christian Democratic Union (CDU) lost ground in two state elections, but he rejected suggestions that his government would backtrack on its reform agenda.Exit polls by public broadcaster ARD showed … Read more
A satellite image shows smoke rising from area near East-West oil pipeline, in Eastern Province, Saudi Arabia (Picture credit: Reuters) Saudi Arabia on Saturday has temporarily shut down its East-West oil pipeline after a drone attack on the vital energy conduit, in an escalation that has put further pressure on Iraq and raised fresh concerns … Read more