Tag: cuts
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Too early to think about interest rate cuts, BoC’s Tiff Macklem says
[ad_1] Breadcrumb Trail Links News Economy Central bank governor did not rule out further rate increases Get the latest from Barbara Shecter straight to your inbox Sign Up Published Sep 07, 2023 • 3 minute read Bank of Canada governor Tiff Macklem. Photo by Azin Ghaffari/Postmedia Article content Bank of Canada governor Tiff Macklem says…
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Saw X poster and ad promise this sequel cuts through time
[ad_1] New poster and ad for the latest Saw sequel, Saw X, promises that “the tenth chapter cuts through time” later this month Saw X, the tenth film in the Saw franchise, is set to reach theatres on September 29th – and with that date right around the corner, a new poster and ad for…
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UBS Group begins $10 billion cuts, to fire 3,000 Swiss staffers: Report
[ad_1] UBS Group embarked on a sweeping plan to cut more than $10 billion in costs, saying on Thursday it will axe 3,000 jobs in Switzerland alone after it took over its stricken rival Credit Suisse. The plan to cut roughly one in 12 Swiss jobs gives a glimpse of the scale…
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Russia cuts planned oil volumes to be pumped to Uzbekistan
[ad_1] TASHKENT, Uzbekistan, August 27. The plan for pumping Russian oil through Kazakhstan to Uzbekistan in 2023 has been reduced by 70,000 tons, Trend reports. It was originally planned that Tashkent would receive 250,000 tons of oil from Russia. In the first half of the current year, 48,500 tons of Russian oil were transported to…
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Government borrowing drops raising hopes Hunt can deliver tax cuts
[ad_1] Public sector borrowing was less than forecasts by the Office for Budget Responsibility – providing hopes that Chancellor Jeremy Hunt will be able to deliver tax cuts. The budget deficit between April and July was £56.6bn, according to the Office for National Statistics, which was £11.3bn below the OBR’s latest forecasts. 5 things to…
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Netflix cuts ad prices, rethinks Microsoft deal in pursuit of growing revenue | News
[ad_1] In a strategic move aimed at reshaping its advertising landscape, Netflix is set to restructure its partnership with tech giant Microsoft, inciting significant changes to their existing contract in accordance with a report by the Wall Street Journal (WSJ). Additionally, Netflix is rumored to be in early discussions with other possible advertising partners, signalling a potential shift…
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Big Bank of Canada interest rate cuts ahead if 2001 any indication
[ad_1] Breadcrumb Trail Links News Investor Economy Ted Rechtshaffen: Get ready to see actions speak louder than words over the coming year Published Jul 25, 2023 • Last updated 1 hour ago • 4 minute read Bank of Canada governor Tiff Macklem. Photo by Dave Chan/AFP via Getty Images Article content They say that actions speak…
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Mitsubishi joint venture in China suspends production, plans job cuts · TechNode
[ad_1] GAC Mitsubishi Motors, a joint venture between Japan’s Mitsubishi Motors and Chinese manufacturer GAC Group, suspended production at its factory in the central city of Changsha in June amid falling sales, local media outlet Yicai reported on Thursday. The company will lay off an undisclosed number of salaried employees, according to an internal memo…
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Thailand Likely Cuts Another Democratic Movement Short
[ad_1] The political revolution kicked off by youthful Thai voters that gave the center-left Move Forward Party a powerful mandate to form a coalition government looks likely to be thwarted at the last minute, with the country’s electoral commission asking the Constitutional Court to disqualify the party’s leader, Pita Limjaroenrat, from office on what critics…
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Russell Westbrook Resigns After One Of The Largest Salary Cuts
[ad_1] Former Los Angeles Lakers point guard Russell Westbrook made history when he signed his latest contract. According to SB Nation, Westbrook re-upped with the Los Angeles Clippers for a reported two-year, $7.9 million deal. With the recent signing, he has taken the largest pay cut in NBA history. In 2022, the point guard took home $47 million in salary.…