Layoff announcements soar to the highest since 2020 as DOGE slashes federal staff
U.S. employers announced 172,017 layoffs for the month, up 245% from January and the highest monthly count since July 2020
2025 › March › 06
'Obstacles' in Egypt's $53 billion plan to rebuild Gaza, install Palestinian Authority control
The plan has come under fire for omitting key answers on issues like governance, the future of Hamas, and funding.
China’s growth goal will need much stronger stimulus if U.S. trade war intensifies, economists say
Economists say that Beijing may hold off on major stimulus measures until later in the year if growth slows or trade tensions escalate further.
Seven & i to replace CEO in May, list North American subsidiary in second half of 2026
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a story from CNBC › World News
CEO Ryuichi Isaka will step down from May 27, with lead outside director Stephen Dacus taking up the role on the same day.
How Europe could seize frozen Russian assets to fund Ukraine
One of the mechanisms Europe has at its disposal to make up the shortfall of American backing is to fully seize frozen Russian assets held in the region.
China has more room to act on fiscal policy amid global uncertainties, finance minister says
China has more room to act on fiscal policy amid domestic and external uncertainties, Finance Minister Lan Fo'an told reporters on Thursday.
Dow slides more than 200 points as traders await more clarity on Canada and Mexico tariffs: Live updates
Stocks were under pressure Thursday as investors sought out more clarity on the latest U.S. tariff measures.
Alibaba shares soar after Chinese tech giant unveils new DeepSeek rival
Chinese tech giant Alibaba said its latest AI reasoning model, QwQ-32B, "rivals cutting-edge reasoning model, e.g., DeepSeek-R1."
Lufthansa hopeful Trump administration will spur Boeing deliveries as delays hit bottom line
The German airline group has been struggling with its ageing fleet as hundreds of newer models face delivery delays.
Global bonds sell off as investors react to Trump's tariffs and a German 'paradigm shift'
Government bonds were selling off all over the world on Thursday, with German borrowing costs hovering at multi-decade highs.
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