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Tech giant Oracle cuts 21,000 jobs as it embraces AI

Tech giant Oracle cuts 21,000 jobs as it embraces AIImage source, Getty ImagesImage caption, Oracle co-founder Larry EllisonByOsmond ChiaBusiness reporterPublished23 June 2026, 02:51 BSTUpdated 6 hours agoOracle shed about 21,000 roles globally in the last year as the US technology giant reshapes its business around artificial intelligence (AI), the firm's latest annual report shows.The software and cloud computing firm says it had around 141,000 full-time employees as of 31 May 2026, down from...

BBC Business اقتصاد منذ شهر

BUDGET 2026-27 : NA panel proposes 30 major changes to Finance Bill

• PTA to collect tax on imported mobile phones in instalments• Digital monitoring mandatory for manufacturers• Tax stamps, barcodes required for goods clearance• Duty waiver on aircraft, parts import• Zero duty on electric vehicles under $75,000, 92pc above 3000cc• SBP to create tax data repository ISLAMABAD: The National Assembly Standing Committee on Finance approved the Finance Bill 2026 on Monday after making around 30 major amendments that reshaped key tax provisions through revisions to ra...

Dawn اقتصاد منذ شهر

BUDGET 2026-27: Budget approval in final stages as grants finalised

• Lawmakers slam interior ministry for ‘poor performance’ over law and order disruptions• Opp moves 587 cut motions over two days, all rejected ISLAMABAD: The National Assembly on Monday wrapped up the approval process for the budgetary allocations of federal ministries and allied departments, approving 135 demands for grants for the next fiscal year 2026-27. This approval procedure was spread over two days, during which the opposition moved 587 cut motions, including 380 on Monday. All of them...

Dawn اقتصاد منذ شهر

Years of Paying Rent? How Rental History Can Unlock Your First Home

India's credit ecosystem has expanded over the past decade, yet a large section of the population remains outside the formal lending framework.

NDTV اقتصاد منذ شهر

Tech giant Oracle sheds 21,000 jobs in a year as AI replaces some roles

Tech giant Oracle sheds 21,000 jobs in a year as AI replaces some roles6 minutes agoShareSaveAdd as preferred on GoogleOsmond ChiaBusiness reporterGetty ImagesOracle co-founder Larry EllisonUS technology giant Oracle shed about 21,000 roles globally in the last year as it reshapes its business around artificial intelligence (AI), its latest annual report shows.The software and cloud computing firm says it had around 141,000 full-time employees as of 31 May 2026, down from about 162,000 workers a...

BBC Business اقتصاد منذ شهر

Albo caves to Greens on superannuation change as they strike deal on his Budget tax reforms: Here's what it means for you

Albo caves to Greens on superannuation change as they strike deal on his Budget tax reforms: Here's what it means for youBudget changes to pass the SenateSee more Daily Mail on Google - save us as a Preferred SourceBy NICHOLAS COMINO, POLITICAL REPORTER, AUSTRALIA Published: 01:57, 23 June 2026 | Updated: 01:57, 23 June 2026 e-mail View comments

Daily Mail اقتصاد منذ شهر

كيف أصبح برنارد أرنو أغنى رجل في العالم؟ اكتشف سر إمبراطورية الرفاهية!

في عالم يتغير بسرعة، يتمكن برنارد أرنو من البقاء على قمة هرم الثراء والنجاح. تعرف على تفاصيل صعوده المذهل إلى القمة وكيفية بنائه إمبراطورية لوي فويتون.

Khabr Exclusive اقتصاد منذ شهر

From Nothing to Billions: The Ascendancy of Bernard Arnault, the World's Richest Man

Bernard Arnault, the mastermind behind the world's luxury empire, has seen his net worth soar to over $200 billion. Discover the timeline of his astounding success and the secrets that propelled him to the top of the wealth rankings!

Khabr Exclusive اقتصاد منذ شهر

How to protect your money from Andy Burnham: What you can do NOW to fight back against 50 per cent income tax and an inheritance tax raid on pensions

How to protect your money from Andy Burnham: What you can do NOW to fight back against 50 per cent income tax and an inheritance tax raid on pensionsBy HELEN CRANE, DEPUTY EDITOR, THIS IS MONEY and JESSICA BEARD and RACHEL RICKARD STRAUS and SIMON LAMBERT, THIS IS MONEY PUBLISHER Updated: 01:04, 23 June 2026 e-mail 3 View comments

Daily Mail اقتصاد منذ شهر

Millions in UK could claim share of £3bn after Apple case given green light

Millions in UK could claim share of £3bn after Apple case given green lightImage source, Getty ImagesByLaura CressTechnology reporterPublished23 June 2026, 00:02 BST162 CommentsA class action lawsuit which could entitle millions in the UK to a share of a £3bn claim against Apple is set to proceed to trial.Consumer group Which? has accused the tech giant of "trapping" users into its cloud service. It says 40 million iCloud customers could be entitled to roughly £77 each if successful.Consumers wh...

BBC Business اقتصاد منذ شهر

Millions of iCloud users could claim share of £3bn after Apple case given UK green light

Millions of iCloud users could claim share of £3bn after Apple case given UK green light40 minutes agoShareSaveAdd as preferred on GoogleLaura CressTechnology reporterGetty ImagesA class action lawsuit which could entitle millions in the UK to a share of a £3bn claim against Apple is set to proceed to trial.Consumer group Which? has accused the tech giant of "trapping" users into its cloud service. It says 40 million iCloud customers could be entitled to roughly £77 each if successful.Consumers...

BBC News اقتصاد منذ شهر

How Alan Greenspan built and unleashed the massive, modern Federal Reserve

When Dr. Alan Greenspan, who passed away at 100, took the Fed chairmanship in July 1987, the Fed already held massive power under Paul Volcker. That was memorialized in the "Secrets of the Temple" released in 1987. Greenspan would add many layers to the Fed’s power during his five four-year terms, even though he was intellectually opposed to big government. He tightened the grip of the Chairman, participated actively in the Swiss-based Bank for International Settlements, and approved the interna...

Fox News اقتصاد منذ شهر

US Senate passes bipartisan bill to lower housing costs

21st Century Road to Housing Act, which aims to boost supply and stop investors buying up homes, heads to HouseSign up for the Breaking News US email to get newsletter alerts in your inboxThe Senate on Monday passed a bipartisan measure aimed at lowering housing costs by streamlining construction and permitting, ending months of fraught negotiations on a priority for both parties ahead of November’s midterm elections.The 21st Century Road to Housing Act would limit investors’ ability to buy home...

The Guardian World اقتصاد منذ شهر

Senate passes sweeping housing affordability bill with bipartisan support

BREAKING NEWSJun. 22, 2026, 10:43 PM UTCCongressCongressSenate passes bill to lower housing costs and restrict Wall Street from buying homesThe bipartisan legislation was crafted in both chambers and must now pass the House. It seeks to build more homes and prevent large investors from out-bidding families.Listen to this article with a free account00:0000:00A real estate for-sale sign posted in front of a residential home in Portland, Oregon.Tim Newman / Getty Images fileShareAdd NBC News to Goo...

NBC News اقتصاد منذ شهر

10 أغنى مليارديرات عرب: كيف بنوا ثرواتهم بطريقة مذهلة!

هل تساءلت يومًا كيف تمكن أغنى ملياردرات العرب من تجميع ثرواتهم الهائلة؟ اكتشف الأسرار وراء نجاحاتهم المذهلة والأرقام التي ستصدمك!

Khabr Exclusive اقتصاد منذ شهر

Unveiled: The Untold Stories Behind the Fortunes of the Richest Arab Billionaires

Ever wondered how some of the wealthiest Arab billionaires amassed their fortunes? Discover the incredible journeys, shocking facts, and staggering net worths that shaped the Middle East's elite financially.

Khabr Exclusive اقتصاد منذ شهر

British airlines facing £400m bill in battle to hit 'absurd' green targets

British airlines are set to face annual costs exceeding a staggering £434million by the end of the decade to meet the Government's green targets.According to the International Air Transport Association, the hefty bill comes despite synthetic green fuel e-SAF remaining near impossible to obtain globally.In response to the egregious requirements, the aviation industry body has launched a scathing attack on the UK's electro-sustainable aviation fuel mandate.The mandate was originally proposed under...

GB News اقتصاد منذ شهر

California drivers sue gas stations for allegedly using AI to inflate prices

Firms including BP and 7-Eleven accused of coordinating prices to ‘wring more money from pockets of consumers’Gas ⁠station ​operators including BP, Circle K, Marathon, 7-Eleven, Walmart and Albertsons were sued on Monday by California drivers ⁠who accused them of using artificial intelligence to boost prices at the pump.According to a proposed class action, the defendants ⁠violated California’s main antitrust law, the Cartwright Act, by using an AI-based tool that ​uses data from competing gas ‌...

The Guardian اقتصاد منذ شهر

SpaceX stock tumbles 23% from its high as average investors see gains wiped out

CorporationsSpaceX stock tumbles 23% from its high, as average investors see most of their gains wiped outJust 10 days after the company’s blockbuster IPO, buyers of its initial public shares are in the red.Listen to this article with a free account00:0000:00SpaceX stock closed Monday at $154.60 per share, meaning the average investor who bought shares on the open market has seen most of their gains disappear.Joe Burbank / Orlando Sentinel via Getty Images fileShareAdd NBC News to GoogleJune 22,...

NBC News اقتصاد منذ شهر

Four fertiliser ships exit Strait of Hormuz, head to India

NEW DELHI: Four ships carrying around 1.8 lakh tonnes of urea, di-ammonium phosphate (DAP) and sulphur have crossed the Strait of Hormuz and are now heading to ports in India, the fertiliser department said on Monday.

Times of India اقتصاد منذ شهر

خبر — منصة إخبارية ذكية | Khabr — AI-Powered News Platform

خبر هو أول مجمّع أخبار عربي يعمل بالذكاء الاصطناعي. نقدم تحليلات ذكية وملخصات تلقائية ورواية صوتية لكل خبر من أكثر من 700 مصدر موثوق. نضيف قيمة تحريرية فريدة من خلال أدوات الذكاء الاصطناعي التي تساعدك على فهم الأخبار بعمق أكبر.

Khabr is the first AI-powered Arabic news aggregator. We provide AI-generated editorial analysis, automated summaries, audio narration, and fact-checking for every article from 700+ trusted sources. Our platform adds unique editorial value through AI tools that help you understand the news more deeply.

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