Search Results for: JOB CUTS

Oil plunges 25% after Saudi Arabia slashes prices, says will open taps

Oil prices plunged around 25%, heading towards their biggest daily loss since 1991 after Saudi Arabia slashed prices and set plans for a big increase in crude production in April.

Mar 9, 2020

Aramco trades below IPO price for first time, after OPEC pact unravels

Shares of Saudi state oil company Aramco 2222.SE fell below their initial public offering (IPO) price on Sunday, March 8 for the first time since they began trading in December after the OPEC oil supply cut pact with Russia fell apart on Friday.

Mar 8, 2020

OYO clarifies 5,000 job cuts is not due to Coronavirus scare

Oyo issues coronavirus advisory to its employees and announces 5,000 job cuts globally. The job cuts are a part of the company's restructuring announcement in January 2020, and not owing to Covid-19 scare, an OYO spokesperson clarified.

Mar 5, 2020

LPG prices slashed from today, here's how much you need to pay now for a cylinder

This is the first time since August last year that the prices of the non-subsidised cylinder were decreased.

Mar 1, 2020

The sciences, the judgments and the politics of climate change

In order to recognise what's really happening to the world around us, do we need more Gretas expressing their anger and dismay with adults to awaken us and make us realise how the climate change lobby has failed to make traction?

Feb 28, 2020

Popcorn Monkey Tiger review and ratings by audience: Live updates

Dhananjaya and Duniya Soori's Popcorn Monkey Tiger is released on 21 February. Here, we bring you the live audience review of the film.

Feb 21, 2020

Rahul Dravid gives a thumbs-up for Ramesh Aravind's Kannada film Shivaji Surathkal

Former Indian cricketer Rahul Dravid has watched Ramesh Aravind's Kannada film Shivaji Surathkal and impressed with the movie.

Feb 19, 2020

Vijay Deverakonda vs CBFC's never-ending saga: Is this why he said 'NO' to love stories?

Expectations on Vijay Deverakonda's films are always high. This is not always for the script he chooses, but for the cuss words, lip locks and other stuff that attracts audiences to the theatres.

Feb 19, 2020

HSBC layoffs 2020: London-based bank to axe up to 35,000 jobs in massive overhaul

Europe's biggest bank by assets, which has long underperformed rivals, reported profit before tax of $13.35 billion for 2019 versus $19.89 billion a year earlier.

Feb 18, 2020

Indian economic revival likely to be shallow: Moody's lowers GDP growth rate to 5.4% for 2020

Improvements in the latest high-frequency indicators such as PMI (Purchasing Managers' Index) data suggest that the economy may have stabilized, Moody's said.

Feb 17, 2020

Coronavirus outbreak: Death toll hits 1,700, rate of new COVID-19 cases slow says China

In Hubei, the epicenter of the outbreak, health officials reported 1,933 new cases and 100 new deaths on Feb. 16, the lowest daily death count since Feb. 11.

Feb 17, 2020

Who is Rishi Sunak, UK's new finance minister?

Rishi Sunak replaces Sajid Javid, who resigned from his post as UK's finance minister after a disagreement with PM Boris Johnson.

Feb 13, 2020

india news, india consumer inflation, india factory output, demonetisation, cash crunch, pm modi

Double trouble for economy: Factory output contracts, retail inflation jumps to six-year high

The jump in inflation in a likely indication for the Reserve Bank of India (RBI) to stop easing credit rates in the country's financial market.

Feb 13, 2020

Rajinikanth slashes remuneration after Sun Pictures threatens to shelve Thalaivar 168 following Darbar fallout?

Rajinikanth is rumoured to be getting Rs 58 crore as his remuneration for his upcoming movie Thalaivar 168 following alleged poor performance of Darbar at the box office.

Feb 8, 2020

Vaanam Kottatum movie review and ratings: Live updates

Mani Ratnam's Vaanam Kottattum, which has Vikram Prabhu, Madonna Sebastian and Aishwarya Rajesh in the leads, has opened to fairly positive reviews. Check out live audience response to the Tamil film:

Feb 7, 2020

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