U.S. networking equipment maker Cisco will lay off 7 percent of its workforce, the San Jose-based company announced. Original Image Link Source:www.msn.com
Fri, 13 Jun 2025 15:34:00 GMT In a new turn of events, the rebranded "U.S. DOGE Service" has sent recruiting pitches to multiple federal employees in recent weeks.
Fri, 13 Jun 2025 14:53:57 GMT Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, ...
Thu, 05 Jun 2025 11:47:03 GMT Many companies lumped layoffs in with larger cost-cutting strategies. Some have cited artificial intelligence as a factor in headcount adjustments.
Tue, 13 May 2025 09:48:00 GMT FALLON/AFP via Getty Images) Nearly 49,800 jobs received the ax from U.S. companies ... The private sector isn’t the only place where mass layoffs are happening. What we know: Thousands of ...
Thu, 03 Apr 2025 07:51:00 GMT She previously worked at Bloomberg News and has ... Reports. Layoffs across the U.S. surged 205% in March when compared with a year earlier, with last month's 275,240 job cuts fueled by widespread ...
The sharply deteriorating global order is adding further complications to Europe’s already challenging economic situation. New tariffs come at a time when economies are grappling with structural transformations in demographics and energy, and amidst increasing security spending needs. Export markets are shrinking, uncertainty is undermining firms’ willingness to innovate, and public expenditure needs are rising. Without a turnaround in growth, Europe’s ability to deliver on its social welfare promises is in jeopardy. If European policymakers were to seize the moment, the region’s growth potential and resilience to shocks could rise substantially.
Published: 28th May 2025 08:21:26 By: IMF
IMF Video: Global and Regional Economic Developments and Outlook
This high-level event that will bring together policymakers, business leaders, diplomats, and academics to explore how global and regional developments impact countries in the Middle East and North Africa. Amid heightened global uncertainty, the discussions will focus on the policy actions required to foster sustained growth, stability, and shared prosperity across the region.
Published: 25th May 2025 08:08:16 By: IMF
IMF Video: Sub-Saharan Africa Regional Economic Outlook–April 2025: Three Key Messages
Despite stronger-than-expected performance last year, Sub-Saharan Africa now faces global uncertainty and reduced external funding, slowing growth to 3.8% in 2025. With limited fiscal space and elevated debt levels, countries must prioritize domestic revenue mobilization, spending efficiency, and ambitious reforms to build resilience against future economic shocks. IMF African Department Director Abebe Aemro Selassie shares three key messages from the latest economic outlook for sub-Saharan Africa. https://www.imf.org/en/Publications/REO/SSA/Issues/2025/04/25/regional-economic-outlook-for-sub-saharan-africa-april-2025?cid=sm-com-ig-SM2025-REOAFREA2025001
Published: 22nd May 2025 11:50:59 By: IMF
IMF Video: آفاق الاقتصاد الإقليمي لمنطقة الشرق الأوسط وشمال إفريقيا: ثلاث رسائل أساسية
جهاد أزعور من صندوق النقد الدولي يعرض ثلاث رسائل أساسية حول أحدث الآفاق الاقتصادية لمنطقة الشرق الأوسط وشمال إفريقيا. تعرف على دور عدم اليقين العالمي المتزايد، والصراعات الإقليمية، والحاجة إلى تعزيز القدرة على الصمود في تشكيل الآفاق الاقتصادية للمنطقة. اقرأ التقرير الكامل: ]رابط[
https://www.imf.org/en/Publications/REO/MECA/Issues/2025/04/24/regional-economic-outlook-middle-east-central-asia-april-2025
Published: 7th May 2025 08:06:51 By: IMF
IMF Video: Perspectives économiques régionales pour le Moyen-Orient et l’Afrique du Nord: 3 messages principaux
Jihad Azour, du FMI, communique trois messages principaux issus de la dernière édition des Perspectives économiques régionales pour le Moyen-Orient et l’Afrique du Nord. Découvrez comment l’incertitude mondiale croissante, les conflits régionaux et la nécessité de renforcer la résilience façonnent les perspectives économiques de la région. Lire le rapport dans son intégralité : https://www.imf.org/fr/Publications/REO/MECA/Issues/2025/04/24/regional-economic-outlook-middle-east-central-asia-april-2025
Published: 7th May 2025 03:14:23 By: IMF
World Economic Forum Video: All Hands on Deck for the Energy Transition
With the global targets of tripling renewable energy and doubling energy efficiency by 2030 fast approaching, it is critical to accelerate the implementation, build political momentum and monitor progress.
How can countries and industries close this gap and what tools are at their disposal?
This is the full audio from a session at the Annual Meeting 2025 in Davos. Watch it here: https://www.weforum.org/meetings/world-economic-forum-annual-meeting-2025/sessions/all-hands-on-deck-for-the-energy-transition/ Episode page with transcript: https://www.weforum.org/podcasts/agenda-dialogues/episodes/all-hands-on-deck-for-the-energy-transition
Speakers:
Ève Bazaiba Masudi, Minister of State, Minister of Environment, Ministry of Environment of the Democratic Republic of the Congo
Ursula von der Leyen, President of the European Commission, European Commission
Fatih Birol, Executive Director, International Energy Agency
Morten Wierod ,Chief Executive Officer, ABB
Dina Ercilia Boluarte, President of Peru, Office of the President of Peru
Mirek Dušek, Managing Director, Chief Business Officer and Head of Global Programming, World Economic Forum
Gurdeep Singh, Chairman and Managing Director, NTPC
Lars Rebien Sorensen, Chairman of the Board of Directors, Novo Nordisk Foundation
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Published: 16th Jun 2025 05:31:10 By: World Economic Forum
World Economic Forum Video: Gender Parity & Tokenization Explained | WEF | Top Stories Week
This week's top stories of the week include:
0:15 Gender parity: who leads the way? – Only 10 countries have closed their gender gaps by 80% or more – and Iceland, which has retained top spot for the 16th year in a row, is the only one to have surpassed the 90% mark. The Global Gender Gap Report 2025 tracks progress on #genderparity across 4 dimensions in 148 countries. Women's inclusion at work is about more than a moral principle: it has been proven to drive economic growth.
2:41 Tokenization, explained – The traditional world of investing is getting an update, with the arrival of something called ‘tokenization’. Tokenization means creating digital representations of assets via the blockchain so they can be traded, tracked and managed more easily. The tokens are effectively ‘digital deeds’, says Larry Fink, the CEO of BlackRock. But what are the advantages of tokens?
4:26 How robots stopped an eco disaster – A software platform powered by AI uses the data to build a precise digital model, which can give astonishingly detailed insights into the health and integrity of vital infrastructure such as bridges and power plants, and can ultimately save lives, cut the costs and risks associated with maintenance, and reduce CO2 emissions. Jake Loosararian, Co-founder and CEO, Gecko Robotics, explains how it all works.
8:30 How one town saved its reef – From near collapse to a conservation miracle: Cabo Pulmo’s ancient reef was dying 30 years ago. Today, it’s a thriving underwater paradise fuelling wildlife and local ecotourism. How did it happen? Collaboration - between government, scientists and the local community.
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Published: 14th Jun 2025 12:01:09 By: World Economic Forum
World Economic Forum Video: Radio Davos | Ocean: David Attenborough's new film will transform how you see Earth
“Once you’ve truly seen the sea, you’ll never look at Earth the same way again.”
David Attenborough has spent nearly a century on Earth, bringing the mysteries of nature to viewers around the world. In his latest film, Ocean, he shows how humans still have so much to learn about life below the waves and its vital contribution to life on land.
One of the film’s directors, the naturalist Colin Butfield, tells Radio Davos about some of the revelations in the movie and the accompanying book that he co-wrote with Attenborough.
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The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
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Published: 12th Jun 2025 02:32:38 By: World Economic Forum
World Economic Forum Video: Global Gender Gap Report 2025
How long will it take to achieve global gender parity? At the current pace: 123 years.
In this episode of The Briefing Room, leaders from the World Economic Forum, LinkedIn and the World Bank come together to explore the findings from the Global Gender Gap Report 2025 — the definitive benchmark tracking gender equality across 148 economies.
The conversation examines this year’s parity score and why, despite some progress, the world remains generations away from full gender equality. It explores the persistent gaps in women’s political and economic participation, the role of smart policy over national wealth in driving change, and the growing economic imperative to accelerate progress. The panel also reflects on what countries can learn from one another and how gender parity is becoming central to long-term growth and resilience.
Host: Stephanie Holmes, Head of Public Engagement at World Economic Forum Guests: Saadia Zahidi, Managing Director at the World Economic Forum
Sue Duke, Head of Global Public Policy at LinkedIn
Norman Loayza, Director of the Global Indicators Group at the World Bank
Access the full Global Gender Gap 2025 report and explore the data here:
https://www.weforum.org/stories/2025/06/global-gender-gap-report-2025-key-findings
This is the full audio from The Briefing Room, a video recorded a the World Economic Forum. Watch it here: https://www.weforum.org/videos/the-briefing-room-global-gender-gap-report-2025/
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Join the World Economic Forum Podcast Club: https://www.facebook.com/groups/wefpodcastclub
Published: 12th Jun 2025 02:01:59 By: World Economic Forum
World Economic Forum Video: The Briefing Room | Global Gender Gap Report 2025
How long will it take to achieve global gender parity? At the current pace: 123 years.
In this episode of The Briefing Room, leaders from the World Economic Forum, LinkedIn and the World Bank come together to explore the findings from the Global Gender Gap Report 2025 — the definitive benchmark tracking gender equality across 148 economies.
Hosted by Stephanie Holmes, Head of Public Engagement at the Forum, the discussion features Saadia Zahidi, Managing Director at the World Economic Forum; Sue Duke, Head of Global Public Policy at LinkedIn; and Norman Loayza, Director of the Global Indicators Group at the World Bank.
The conversation examines this year’s parity score and why, despite some progress, the world remains generations away from full gender equality. It explores the persistent gaps in women’s political and economic participation, the role of smart policy over national wealth in driving change, and the growing economic imperative to accelerate progress. The panel also reflects on what countries can learn from one another and how gender parity is becoming central to long-term growth and resilience.
Access the full Global Gender Gap 2025 report and explore the data here:
https://www.weforum.org/stories/2025/06/global-gender-gap-report-2025-key-findings
Subscribe for more insights from global leaders on the issues shaping our world.
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
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Published: 11th Jun 2025 10:01:15 By: World Economic Forum
China's factory output growth hit a six-month low in May, while retail sales picked up steam, offering temporary relief amid a fragile truce in its trade war with the US.
#china #factory #consumer #News #Reuters #Newsfeed
Read the story here: https://reut.rs/3G1bC3R
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Published: 16th Jun 2025 12:57:11 By: Reuters
Reuters Video: Paris Airshow in shadow of Air India crash, Middle East conflict | REUTERS
The fanfare of the Paris Airshow is expected to be tempered by concerns over India’s deadliest air disaster and escalating missile strikes between Israel and Iran.
#News #Reuters #Newsfeed
Read the story here: https://reut.rs/4jOrqon
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Published: 16th Jun 2025 12:13:57 By: Reuters
Reuters Video: Market Talk: Dollar dominance now in question | REUTERS
Is the US dollar no longer considered as global haven? Why are investors seeking alternatives? Find out what's moving the markets — and why — on Market Talk, Reuters' daily chat with an investor, economist or market analyst.
#dollar #business #stockmarket #News #Reuters #Newsfeed
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Published: 16th Jun 2025 12:09:20 By: Reuters
Reuters Video: Carmaker JLR cuts outlook as Trump tariffs bite | REUTERS
British luxury carmaker Jaguar Land Rover lowered its fiscal 2026 earnings before interest and taxes margins forecast to 5%-7% from 10% earlier, amid uncertainty in the global auto industry as US tariffs loom.
#automobile #jaguar #landrover #News #Reuters #Newsfeed
Read the story here: https://reut.rs/3SVy8y1
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Published: 16th Jun 2025 10:55:14 By: Reuters
Reuters Video: Market Rundown: Oil markets jumpy as Israel and Iran exchange missiles | REUTERS
Traders are nervous that the conflict with Israel could hit Iran's oil exports. Iran produces about 3.3 million barrels a day, which OPEC+ producers may only just be able to replace. Find out more before Wall Street opens, on Reuters Market Rundown.
#iran #israel #oil #stockmarket #wallstreet #business #News #Reuters #Newsfeed
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Published: 16th Jun 2025 10:12:23 By: Reuters
Business Video: Trump says trade deal with China is ‘done’
The United States and China have agreed on a framework to implement their trade truce, officials on both sides said Wednesday, after concluding two days of talks in London to defuse tensions and ease export restrictions that threaten to disrupt global manufacturing. President Donald Trump said in a Truth Social post that a “deal” with China has been completed. #CNN #News
Published: 11th Jun 2025 02:46:28 By: CNN
Business Video: Elon Musk expresses ‘regret’ over recent posts about Donald Trump
Elon Musk said Wednesday that he regrets some of his recent social media posts about President Donald Trump. Professor of government at the University of Essex Natasha Lindstaedt joins CNN's Polo Sandoval on "Early Start" to weigh in. #CNN #News
Published: 11th Jun 2025 09:51:25 By: CNN
Business Video: 'We have a responsibility to facts': CNN's Abby Phillip on journalism
CNN's Anderson Cooper discusses "Good Night, and Good Luck" and its contemporary resonances, with a distinguished panel: journalist and author Walter Isaacson, former anchor Connie Chung, CNN contributor and podcaster Kara Swisher, former Univision anchor Jorge Ramos, CNN anchor Abby Phillip, and New York Times opinion columnist Bret Stephens. #CNN #News
CNN's John Berman examines the life and career of the real Edward R. Murrow, a legendary figure in the history of broadcast journalism. CNN chief media analyst Brian Stelter also discusses today's media landscape. #CNN #News
Published: 7th Jun 2025 11:49:46 By: CNN
Business Video: ‘Break from historical trend’: Economist reacts to recent grad unemployment rate
Economists say this is the worst job market for new college graduates since the height of the Covid-19 pandemic. Matthew Martin, senior US economist at Oxford Economics, joins CNN’s Rahel Solomon to discuss unemployment numbers, the downside of AI, and more. #CNN #News