Dell Technologies Inc. is set to cut about five percent of its global workforce, amid an “uncertain future” for the computer company. Dell has taken several measures in recent months to deal with “market conditions.” Those changes included freezing external hiring, limiting travel, and reducing expenses for outside service. In its latest Securities and Exchange…
Delete TikTok App to Protect Your Personal Data, Says UK Lawmaker
February 6, 2023
admin
Business & MarketsChinaChinese Communist Party (CCP)Chinese RegimeChinese spy balloonCompaniesEurope-China RelationsInfiltrating the WestInternational RelationsMedia & Big TechSpecial TopicstechnologyTikTokTom TugendhatUKWorld
0 Comment
People should delete TikTok from their smartphones to protect their personal data from “hostile” threats, a senior British Conservative lawmaker has said. There have long been concerns around TikTok over its links to the Chinese Communist Party (CCP), because its parent company ByteDance was founded in the country, and critics have raised fears data could…
No Response From Pulitzer Committee After Watchdog Issues Critical Review of Media’s RussiaGate Coverage
February 6, 2023
admin
Business & MarketsCompaniesDonald TrumpMedia & Big TechPoliticsPulitzerRussiagateSteele dossierTrumpUSUS News
0 Comment
The Pulitzer committee is yet to respond to a media watchdog’s scathing review of multiple media outlets’ coverage of the now-debunked Trump-Russia collusion narrative. The Columbia Journalism Review spent 18 months looking back on the press coverage of the former president in a report published on Jan. 30, and took aim at a number of publications, including…
Russia’s Sechin Says Europe No Longer Sets Urals Price
February 6, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyEuropeGold and CommoditiesIndiaMarketsOilRosneftRussiaWorld
0 Comment
BENGALURU, India—Europe will no longer set the reference price for Russia’s flagship Urals crude, Igor Sechin, the CEO of Russia’s oil major Rosneft said on Monday, now Asia has emerged as the largest buyer of Russian oil since the West placed it under sanctions. Around 70 percent of January-loading cargoes of Russian Urals oil is…
Tyson Foods Misses Profit Estimates as Lower Beef Prices Bite; Shares Fall
Tyson Foods Inc. widely missed Wall Street estimates for quarterly profit on Monday and cut its expectations for operating margins this year in the face of falling beef prices and easing demand for pork. The results sent the U.S. meatpacker’s shares down more than 5 percent in premarket trade. A year earlier Tyson’s profits had…
Wall Street Opens Lower on Fed Fears; Tyson Foods Slides
U.S. stock indexes edged lower on Monday with Tyson Foods falling on disappointing quarterly results, while investors re-assessed their predictions on when the U.S. Federal Reserve would start cutting rates. The Dow Jones Industrial Average fell 51.57 points, or 0.15 percent, at the open to 33,874.44. The S&P 500 opened lower by 16.91 points, or…
Australian Car Battery Start-Up Is Frontrunner to Buy Britishvolt
February 6, 2023
admin
AustraliaBoris JohnsonBusiness & MarketsCompanieselectrical vehiclesenergyEVInvestmentnet zeroUKWorld
0 Comment
An Australian firm has been selected as the preferred bidder to take over the majority of British electric car battery business Britishvolt, which fell into administration last month. Britishvolt had been promising to build a £3.8 billion gigafactory producing batteries for electric cars in Blyth, Northumberland. It said it would employ 3,000 people and produce…
Nestle to Hike Food Prices Further in 2023, CEO Says
February 6, 2023
admin
Business & MarketsCompanieseconomic policieseconomyEuropeinflationInternationalMarketsNestlepricesWorld
0 Comment
Nestle will have to raise prices of its food products further this year to offset higher production costs that it has yet to fully pass on to consumers, Chief Executive Mark Schneider told a German newspaper. The increases will not be as steep as they were in 2022, but “we have some catching up to…
Over 400 Products Including Breakfast Sandwiches, Fruits, Recalled Amid Potential Listeria Contamination
Over 400 products, including sandwiches, salads, snacks, yogurt, and wraps that were sold under various brand names have been recalled over potential contamination with listeria, the U.S. Food and Drug Administration (FDA) said on Feb. 3. The products were sold by Baltimore-based Fresh Ideation Food Group between Jan. 24, 2023, through Jan. 30, 2023, according to the FDA,…
Global Shares Slide as Interest-Rate Risk Rises and Geopolitics Heat Up
February 6, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
LONDON—Global shares tumbled on Monday, after a run of upbeat economic data suggested interest rates will have to rise further and stay higher for longer, while a stronger dollar and political turbulence hit risk-linked assets. Last week’s blockbuster U.S. jobs report sent investors scurrying to load up on dollars to the detriment of emerging market…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta