(Reuters) - Electric-car maker Tesla Inc is laying off 229 employees at its office in San Mateo, California, and is permanently shutting the office, a filing showed on Tuesday.
(Reporting by Chavi Mehta in Bengaluru; Editing by Devika Syamnath)
SAS said in a statement it expects to complete the Chapter 11 restructuring process in nine to 12 months. The airline anticipates receiving court approval for its $700 million financing by the end of September. SAS chief executive Anko van der Werff has said the strike accelerated its decision to file for Chapter 11 status.
The Big Issue fleet transports in excess of two million magazines to 3,300 vendors across the country.
Industry bosses have written to Rishi Sunak and Liz Truss, calling for a more enlightened approach to immigration to assist businesses.
Oil giant Saudi Aramco on Sunday unveiled record profits of $48.4 billion in the second quarter of 2022, after Russia's war in Ukraine and a post-pandemic surge in demand sent crude prices soaring.
China's central bank slashed key interest rates Monday in a bid to kick-start the country's stuttering economic recovery as data showed factory output and retail sales for July came in weaker than analysts' expectations.
Saudi Aramco has announced the biggest quarterly profit of any public company in history thanks to surging oil prices and demand.
In the current jobs market, workers have the upper hand. With record numbers of vacancies, would-be employees can demand higher pay and more perks.
Germany should not tax "excessive" company profits earned amid an economic and energy crisis as that would interfere with market forces, the finance minister said in an interview on Sunday when asked about the windfall levies imposed elsewhere in Europe. "To me, much and possibly everything speaks against a possible excessive profit tax when I think about it closely," minister Christian Lindner of the liberal Free Democrats (FDP) told public broadcaster ZDF. Britain introduced a 25% windfall tax on oil and gas producers' profits in May to help fund support for households.
Salespeople, food servers, postal workers -- "Help Wanted" ads are proliferating across the United States, as companies struggle to deal with a worker shortage caused by the pandemic, a rash of early retirements and restrictive immigration laws.
A university degree has traditionally led to better earnings but a tight labour market means employers are offering increasingly generous pay packets to non-graduates.
SYDNEY (Reuters) -Australia's Qantas Airways said on Monday it would add six Airbus SE A321 converted freighters to its domestic fleet to replace five ageing Boeing Co 737s and expand capacity to meet a surge in demand from online shopping. The A321 freighters will be sourced from the open market and converted from carrying passengers to cargo subject to commercial negotiations, the airline said, adding the planes were expected to arrive between early 2024 and mid-2026. The freighters will join another three A321s already in the airline's domestic cargo fleet and expand carrying capacity given the A321s can carry 23 tonnes of cargo, nine tonnes more than the 737s.
SHANGHAI (Reuters) -China's central bank unexpectedly cut a key interest rate for the second time this year and withdrew some cash from the banking system on Monday, to try to revive credit demand to support the COVID-hit economy. Economists and analysts said they believe Chinese authorities are keen to support the sluggish economy by allowing a widening policy divergence with other major economies that are raising interest rates aggressively. The People's Bank of China (PBOC) said it was lowering the rate on 400 billion yuan ($59.33 billion) of one-year medium-term lending facility (MLF) loans to some financial institutions by 10 basis points (bps) to 2.75%, from 2.85%.
Oil giant Saudi Aramco on Sunday unveiled record profits of $48.4 billion in the second quarter of 2022, after Russia's war in Ukraine and a post-pandemic surge in demand sent crude prices soaring.
Christian Wade, 31, is a professional rugby union player turned American footballer who was a winger for the Premiership side Wasps; he scored 82 tries in 165 appearances between 2011 and 2018.
The number of buy-to-let portfolios changing hands has surged sixfold as Britain’s largest landlords race to escape the Government’s tax crackdown, research shows.
How I plan use the iShares UK dividend fund to invest in high-yield stocks in the UK to generate passive income for retirement. The post How I’d invest in UK dividend stocks to generate passive income for retirement appeared first on The Motley Fool UK.
Matt and his boyfriend have spent hours on the train to London from Coventry over the past few weekends – all in the hope of getting a monkeypox vaccine.
James Reed, chairman of Reed.co.uk, said the ability to negotiate a salary increase is an essential skill.
Asian markets mostly rose Monday as investors took heart from signs of cooling US inflation, but Hong Kong and Shanghai fell as data showed China's economy was struggling with its Covid-19 restrictions.
Keith Anderson has said that people’s concerns are turning into genuine fear.
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