AaMeta, the owner of Facebook, Instagram and WhatsApp, is preparing to cut about 5% of its global workforce, as the company looks to drop “low performers faster”. In a memo…
Category: Business News
USA: Markets watchdog sues Musk over Twitter stake disclosure
The US markets watchdog has filed a lawsuit against Elon Musk alleging he failed to disclose that he had amassed a stake in Twitter, allowing him to buy shares at…
USA: Egg prices surge as inflation picks up
A jump in energy and food prices hit the US last month, as progress stabilising prices remained elusive. On average, prices in December were up 2.9% compared with a year…
Finland: Nato launches new mission to protect crucial undersea cables
Nato has launched a new mission to increase the surveillance of ships in the Baltic Sea after critical undersea cables were damaged or severed last year. Nato chief Mark Rutte…
Spain: Authorities plan 100% tax for homes bought by non-EU residents
Spain is planning to impose a tax of up to 100% on properties bought by non-residents from countries outside the EU, such as the UK. Announcing the move, Prime Minister…
UK: Parking charges to increase for town’s polluting cars
Higher polluting vehicles will cost more to park in a county town, a local authority has proposed. Those with the highest carbon dioxide emissions would see charges more than double…
USA: Apple pushes back on call to end diversity programme
Apple’s board has asked its investors to vote against a proposal to end its Diversity, Equity, and Inclusion (DEI) programmes. It comes after a conservative group, the National Center for…
Norway: A nation on track to be first to go all-electric
Norway is the world leader when it comes to the take up of electric cars, which last year accounted for nine out of 10 new vehicles sold in the country.…
UK: PM should sack Siddiq over corruption claims- Badenoch
Kemi Badenoch has called for the PM to sack Treasury Minister Tulip Siddiq after she was named in an investigation into claims her family embezzled up to £3.9bn from infrastructure…
UK: Weed resistant to key herbicide found in UK
A weed that is resistant to a key herbicide has been found in the UK for the first time, according to experts. Glyphosate is believed to be the most effective…