Cazoo to cut 750 jobs in UK & Europe amidst recession fears
The company said business restructuring is necessary to protect earnings during difficult times.
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Freeport LNG to shut down for three weeks, disrupting global energy markets
It will likely impact European and Asian markets as well.
Biden nominee Michael Barr approved by Senate as Fed vice-chairman
The Senate Banking Committee voted 17-7 on Wednesday to confirm Barr.
Apple redesigns iPhone lock screen, introduces ‘buy now, pay later’ feature
Consumers may avail four-month interest-free loan on purchases made with Apple Pay service.
Cash-starved South African carrier Comair to shut down
Comair will not resume operations without adequate resources.
Sony’s high-end electric car to feature paid entertainment: Yoshida
Sony and Honda had announced a joint venture to offer electric vehicles from 2025.
Amazon consumer business CEO Dave Clark resigns
Dave Clark will leave Amazon on July 1, after 23 years of service.
Virtual reality brings smiles to elderly in Nigeria’s retirement homes
Kunle Adewale is a visual artist who specializes in therapeutic art.
Britain’s poorest household won’t get energy bill subsidies
Calls for the government to take immediate action on the cost of living which has reached its highest level.
UK Credit card borrowing rises at its fastest in 17 years
In April, the annual growth rate for credit card borrowing hit 11.6%, which is the highest figure since November 2005.