Nestle, the Swiss food giant known for brands like Nespresso and Perrier, has announced plans to cut 16,000 jobs globally over the next two years, a move that has already boosted its share price significantly. Chief executive Philipp Navratil states …
How did Donald Trump's tariff threat trigger a massive crash in the cryptocurrency market? Explore the underlying vulnerabilities that led to this chaotic selloff. ...
Tencent's Leo Yao, once an anonymous developer, has catapulted into the spotlight with Delta Force, attracting 30 million daily players. As he leads a strategic ...
What do Trump's new tariffs on timber and furniture mean for homebuyers in an already challenging market?
The 2025 Nobel Prize in Economics has been awarded to Joel Mokyr, Philippe Aghion, and Peter Howitt for their groundbreaking research on how technology drives sustained ...
With the IMF and World Bank's semi-annual meetings commencing in Washington, global financial leaders face new challenges as US-China trade tensions escalate, raising ...
Amid escalating trade tensions, China accuses the US of double standards following Trump's threat of a 100 percent tariff. What does this mean for the future of ...
FirstRand raises alarms as the UK’s proposed compensation for missold car loans could cost lenders £11 billion, challenging previous expectations and aligning with ...
Ferrari is set to unveil its first electric sports car, the Elettrica, next year. This luxurious four-seat coupe boasts over 1,000 horsepower and an impressive range ...
Despite significant reforms aimed at economic growth, Nigeria faces a staggering rise in poverty, with projections indicating that 139 million people will be living ...
Three scientists have been awarded the 2025 Nobel Prize in Chemistry for creating metal-organic frameworks (MOFs) - revolutionary materials that can pull water from ...
Briton John Clarke, Frenchman Michel Devoret, and American John Martinis have been awarded the 2025 Nobel Prize in Physics for their pioneering work on quantum mechanical ...
Amazon's cloud-computing business has driven its stock for nearly two decades, but as competition from Microsoft and Oracle intensifies, will it continue to thrive? ...
Discover how Nigerian leather, often overlooked, is making a comeback in the luxury market as designer Isi Omiyi champions local craftsmanship and heritage. Can ...
Exxon Mobil plans to cut 2,000 jobs globally as part of a strategic restructuring, aiming to consolidate operations and improve efficiency amid a challenging market. ...
As Lufthansa faces mounting challenges, including rising costs and reduced profits, the airline announces a significant reduction in its workforce. What does this ...
Starbucks is set to close stores and eliminate 900 jobs as part of a $1 billion restructuring effort aimed at revitalising the coffee chain under CEO Brian Niccol, ...