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Citi to cut about 1,000 jobs this week
CITIGROUP is set to cut about 1,000 jobs this week as part of chief executive Jane Fraser’s march to keep a lid on costs and improve returns at the...
Fitch Ratings says Fed independence is key factor for US sovereign rating
[NEW YORK] Fitch Ratings said on Monday it views the Federal Reserve’s independence as a key supporting factor for its AA+ US sovereign rating.The credit rating agency will continue...
Supertankers sailing to pick up Venezuelan oil for China make U-turns, ship data shows
[HOUSTON] Two China-flagged supertankers that were sailing to Venezuela to pick up debt-paying crude cargoes made U-turns and were headed back to Asia, LSEG shipping data showed on Monday,...
Trump administration probe of Fed’s Powell sparks pushback
Former Fed chairs joined former government economic policy leaders from both political parties in raising the alarm[WASHINGTON] The Trump administration’s decision to open a criminal investigation into Fed Chair...
Powell probe stirs GOP concern, threat to stop Trump nominee
The US president has for months pressured the Federal Reserve to quickly and deeply cut interest rates[WASHINGTON] US President Donald Trump faced rare opposition from key Republican lawmakers after...
Oil prices settle at 7-week high on worries about Iran exports
[NEW YORK] Oil prices climbed and settled at seven-week highs on Monday on worries that Iran’s exports could decline as the sanctioned Opec member cracks down on anti-government demonstrations.Limiting price...
Meta plans to cut 10% of jobs at company’s Reality Labs division
[SAN FRANCISCO] Meta Platforms plans to cut 10 per cent of jobs in the company’s Reality Labs division, part of a broader strategy to shift money away from some...
European shares end choppy session at record high
EUROPEAN shares ended Monday’s session at a record high, although gains were small as the US government’s threat to indict Federal Reserve Chair Jerome Powell renewed investor concerns about...
US stocks: Wall Street indexes finish higher with tech, Walmart
[NEW YORK] The S&P 500 and Dow registered record closing highs on Monday, with shares of technology companies and retailer Walmart gaining and as investors mostly brushed aside concerns...
QXO secures US$1.8 billion financing led by Temasek, Apollo amid building products consolidation
[GREENWICH, Connecticut] Billionaire Brad Jacobs’ QXO said it has secured an additional US$1.8 billion in financing, led by Singapore’s Temasek Holdings and Apollo Global Management, as the building products...
Duy Tan University Successfully Hosts ICCTRDA-2025 on Computational Technologies and Data Analytics
Duy Tan University, Vietnam, successfully hosted the 2nd International Conference on Computational Technologies for Research in Data Analytics (ICCTRDA-2025) on 21–22 November 2025, marking a significant milestone in advancing...
