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As Microsoft announces 4800 layoffs, Amy Coleman makes a commitment to all employees
Microsoft is laying off 4,800 employees, about 2.1% of its global workforce, as part of a major restructuring across its commercial sales and Xbox divisions. HR head Amy Coleman shared the news in a memo to employees, saying the company is "always looking for ways to reduce the need for job eliminations." Read her complete memo detailing the reasons behind Microsoft's latest round of layoffs.
Fuel stations fail to update prices as petrol and diesel drivers lose out on savings
Petrol stations around the UK are failing to provide live prices to the Government's highly anticipated Fuel Finder scheme, potentially resulting in drivers paying more at the pumps.New data shows that many petrol stations have not provided any live data, despite it being mandatory, and the risk of businesses paying hefty fines.Labour launched the Fuel Finder price checker tool earlier this year in hopes of helping drivers seek out the cheapest petrol and diesel prices in their local area.Modell...
Want a stake in Cochin Shipyard? Centre launches offer for sale at Rs 1,400 per share
The Centre is selling a 2.52% stake in Cochin Shipyard Limited through an Offer for Sale. Non-retail investors can bid on July 7, 2026, and retail investors on July 8, 2026. This divestment supports the government's extensive maritime ecosystem expansion programs. Initiatives like the Maritime Development Fund and financial assistance schemes are bolstering the sector. The long-term Maritime Amrit Kaal Vision 2047 aims for significant growth by 2047.
India's strategic gas storage: LNG buffer mandate for terminals in the works
The disruption to LNG shipments through the Strait of Hormuz during the Iran conflict highlighted India's exposure to supply disruptions, prompting the government to revisit the idea of creating strategic gas reserves. Policymakers are evaluating a plan under which LNG terminal operators would be required to expand storage capacity at their existing import facilities.
Gibraltar to shun millionaires worth below £5m from residency
Gibraltar is dramatically raising the bar for wealthy individuals seeking its coveted Category 2 residency status, more than doubling the minimum wealth requirement from £2million to £5million.The British overseas territory will introduce the stricter threshold from July 15, the same date the UK-EU Treaty is due to take provisional effect.The landmark agreement will incorporate Gibraltar into the EU's Schengen zone, effectively removing the land frontier with Spain and allowing seamless movement...
Delhi HC restores CJP's X handle, says Centre's concern over NEET chaos 'no longer relevant'
NEW DELHI: The Delhi high court on Tuesday ordered the restoration of the Cockroach Janta Party's X account, setting aside the Centre's blocking order.
UK house prices rise for first time since start of Iran war
Typical property cost £299,330 in June, 0.2% more than the month before, says LloydsBusiness live – latest updatesHouse prices across the UK have risen for the first time since before the onset of the Iran war, leaving property values narrowly below those seen at the start of the year, according to a survey.The typical property cost £299,330 in June, a 0.2% increase on the month before. This comes after a monthly drop of 0.2% in May, according to the latest Lloyds house price index, previously k...
Taiwan’s 75-year-old receipt lottery keeps shoppers saving every bill since 1951
For most people, a shopping receipt is something that quickly disappears into a wallet, pocket or bin. In Taiwan, however, that small strip of paper has a very different role.
Tribe once relied on oil and gas, now its land will power Meta data center
The Ute Mountain Ute Tribe is developing a large solar project. This initiative will supply clean energy to a new Meta data center. The project marks a significant shift from the tribe's oil and gas revenue. Renewable energy developers face policy uncertainties and permitting challenges. The tribe secured approvals before new federal regulations took effect.
Scientists calculate when last plant on Earth will die; answer is farther than you think
Every plant alive today, from the tallest rainforest tree to the smallest patch of moss, will eventually disappear, but a new scientific study suggests that moment is much further away than most previous research believed. Researchers Jacob Haqq-Misra of the Blue Marble Space Institute of Science and Eric Wolf of the University of Colorado Boulder have calculated that Earth's vegetative biosphere could continue supporting plant life for roughly another 1.8 to 1.87 billion years, considerably lon...
Gold price prediction today: Will prices rise in the near-term? Check outlook
Gold price prediction today: Gold is likely to move higher and consolidate with a bullish bias in the near-term, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.
اكتشف سر وارن بافيت الغامض: القاعدة رقم 1 للثراء التي لا يعرفها الكثيرون!
ما هي القاعدة البسيطة التي اتبعها وارن بافيت ليصبح واحداً من أغنى أغنياء العالم؟ انضم إلينا في كشف أسرار استثمار بافيت التي يمكن أن تغير حياتك المالية إلى الأبد!
Unlocking the Wealth Vault: Warren Buffett's #1 Rule for Getting Rich Revealed!
Warren Buffett, the Oracle of Omaha, has amassed a jaw-dropping net worth of over $118 billion, making him one of the richest individuals in the world. But what is the secret behind his incredible success? The answer lies in his number one investing rule that every aspiring millionaire needs to know!
Rent hike during lease: Can your landlord suddenly increase rent?
In India, tenants often encounter steep rent hikes and the looming threat of eviction, primarily due to ambiguous legal standing. The rights and protections available to tenants hinge on their tenancy agreements and the laws of their state. Establishing a written contract shields tenants from arbitrary increases in rent and associated complications, whereas a lack thereof defaults to month-to-month tenancy.
Rupee recovers 15 paise to 95.28 against US dollar in early trade
The Indian rupee opened stronger against the US dollar on Tuesday. Lower crude oil price expectations and easing Middle East tensions improved market sentiment. Saudi Arabia's decision to cut oil prices for Asian buyers added to the positive mood. Foreign institutional investors remained net buyers of domestic equities on Monday. Indian equities also opened on a positive note, with major indices rising.
WiseTech shares rise after Richard White resigns as executive chair amid police investigation
Rise in share price adds nearly $1bn to tech giant’s market value while White continues on as a board director and chief innovation officerGet our breaking news email, free app or daily news podcastRichard White has resigned as executive chair of WiseTech, the Australian tech company he co-founded, denying allegations he exploited a worker’s financial and visa status for sex.White will stay on as a board director and chief innovation officer, with Raelene Murphy replacing him as chair, the compa...
Kospi's AI party over? South Korean benchmark tumbles 7%, sell-side sidecar activated
South Korean stocks experienced a significant decline on Tuesday. Investors rushed to secure profits after strong earnings reports were released. Heavyweight technology stocks led the broad sell-off across the market. This sharp reversal followed a period of record highs driven by AI optimism. The market's heavy reliance on a few key companies contributed to the volatility.
World's largest asset management firm CEO is worried about how Mamdani is running New YorkWorld's largest asset management firm CEO is worried about how Mamdani is running New York
BlackRock CEO Larry Fink voiced concerns about New York City's business climate. He noted that 47% of city tax revenue comes from the top 1% of taxpayers. Fink stated that inadequate services do not justify the current tax burden for residents. He believes economic growth should be prioritized over tax policy by policymakers. Fink suggested that BlackRock might deploy US resources elsewhere if conditions weaken.
SBI shared man's savings account details with employer, court orders Rs 25K compensation
A district consumer commission found SBI guilty of service deficiency. The bank shared a customer's personal savings account details with his former employer. This disclosure occurred without the customer's explicit consent or prior permission. The commission ordered SBI to pay compensation and legal costs to the complainant. The ruling emphasized the importance of protecting customer privacy in banking operations.
'Highest ever half-year': Office leasing hits record 45.5 mn sq ft in top 9 cities
Office leasing in India's nine major cities rose 10 per cent to a record 45.5 million sq ft during January-June, driven by strong demand from multinational companies expanding Global Capability Centres and flexible workspace operators, according to CBRE.