By Safiyah Riddle (Reuters) – American employers slowed downsizing in June, announcing the lowest number of layoffs since October 2022. According to the latest job cuts report from employment fi[...]
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July 6, 2023
US layoffs halve in June as tech job cuts ease – report
(Reuters) – Layoffs in the United States nearly halved in June from a month earlier as job cuts in the technology sector fell, according to data from employment firm Challenger, Gray & Chris[...]
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U.S. service sector picks up in June; inflation gradually slowing – ISM survey
WASHINGTON (Reuters) – The U.S. services sector grew faster than expected in June as new orders picked up, but a measure of prices paid by businesses for inputs fell to more than a three year lo[...]
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Volkswagen to launch self-driving vehicles in Texas by 2026
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Volkswagen said on Thursday that it plans to launch autonomous, or self-driving, vehicles for ride hailing and goods delivery services in Austin, Texas b[...]
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Exclusive: OPEC upbeat over 2024 oil demand outlook despite slowdown
By Alex Lawler and Dmitry Zhdannikov VIENNA (Reuters) – OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its first outlook later this month, predicti[...]
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U.S. trade deficit narrows in May on declining imports
WASHINGTON (Reuters) – The U.S. trade deficit narrowed in May, with imports of goods dropping to their lowest level since late 2021 as higher borrowing costs slow domestic demand. The trade defi[...]
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U.S. private payrolls beat expectations in June – ADP
WASHINGTON (Reuters) – U.S. private payrolls increased more than expected in June, indicating that the labor market remains strong despite growing risks of a recession from higher interest rates[...]
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Metaverse has set off no alarms or need for controls yet – EU’s Vestager
By Foo Yun Chee BRUSSELS (Reuters) -The metaverse, shared virtual worlds accessible through the internet, has not triggered any concerns so far or the need for legislation to rein it in, EU antitrust[...]
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Factbox-Who got what in Silvio Berlusconi’s will?
MILAN (Reuters) – Details of how billionaire Italian tycoon Silvio Berlusconi divided up his assets have been made public on Thursday after the will of the former prime minister, who died on Jun[...]
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