Boeing has announced plans to reduce its workforce by 10%, expecting significant losses in the third quarter amid a strike by mechanics in Seattle. CEO Kelly Ortberg stated that the…
Reports from the South Korean government revealed today that over 60% of the country’s car exports (approximately 1.14 million units) from January to August were shipped to North America, marking…
Osama Hamad, the head of the government appointed by the House of Representatives, stated today, Thursday, that the state of force majeure has been lifted from all oil fields and…
Oil prices rose on Thursday amid concerns over the escalation of conflict in the Middle East and disruptions to oil supplies. Brent crude futures saw an increase of 80 cents…
Tens of thousands of port workers in the United States are preparing to strike on Tuesday after failing to secure their demands during negotiations for a new labor contract, potentially…
Business activity in the eurozone declined for the first time in seven months in September, as momentum in France waned following the conclusion of the Olympic Games, according to a…
The International Monetary Fund (IMF) is exploring options to alleviate the burden of additional debt on countries seeking to recover from financial crises, in response to criticisms of its current…
The unemployment rate among youth in China rose to 18.8% in August, marking the highest level recorded since the beginning of the year, reflecting the economic difficulties the country is…
European Central Bank President Christine Lagarde said on Friday that deep transformations in the global economy could lead to inflation volatility for years to come, complicating efforts to control prices.…
Thousands of Boeing workers have announced a strike starting Friday, an unprecedented move in 16 years that has partially halted production at the company’s Seattle-area facility. The strike follows the…