Microsoft layoffs: the tech giant confirms it...

Electricity prices in the country have soared since the government cut energy subsidies to obtain a $3bn bailout from the International Monetary Fund leading to protests. We hear how this is impacting individuals and businesses. Also in the programme, we get the latest from Gabon ...  Show more

US commerce secretary, Gina Raimondo, is calling on Beijing to reduce the risk of doing business in China for American companies. 

The European Central Bank (ECB) rose its three policy rates by 50bp at yesterday’s monetary policy meeting, versus 25bp expected by analysts. One of the major highlights of yesterday’s ECB decision was the anti-fragmentation tool, TPI, transmission protection instrument. The name ...  Show more

Prices for assets of all kinds were up Wednesday, including stocks, commodities, and cryptocurrencies. The U.S. dollar continued to strengthen, and global bond yields marched higher. That’s despite the emergence of still more signs of underlying weakness, including Robinhood layi ...  Show more

We are reading the headlines about layoffs that have started across corporate America. Twitter made headlines this week. But then anything involving Elon is making headlines these days. Even Facebook parent Meta is expected to lay off thousands after hiring nearly 42,000 emplo ...

Strong US jobs data revived the Federal Reserve (Fed) hawks on Friday. The US 10-year yield jumped, and the US dollar gained. Gold gave back a part of gains, and US stocks closed in the negative, although the three major US indices closed the first week of August in the positive. ...  Show more