Panasonic plans to cut 10,000 jobs worldwide, aiming to increase productivity and efficiency amid an uncertain global economic outlook. Original Image Link Source:www.msn.com
Mon, 12 May 2025 19:03:00 GMT The decision to cut 10,000 jobs globally is a strategic move to boost profitability and operational efficiency in a highly competitive market. Panasonic Holdings CEO Yuki Kusumi said in an ...
Mon, 12 May 2025 12:58:00 GMT Electronics maker Panasonic Holdings is cutting 10,000 jobs from its workforce. The Japan-based company announced the job cuts on Friday as part of a broader effort to increase its profitability ...
Fri, 09 May 2025 09:42:00 GMT Electronics maker Panasonic Holdings is cutting 10,000 jobs from its workforce ... tech and money news that matters to you. We've added you to our mailing list.
Fri, 09 May 2025 05:43:00 GMT Electronics maker Panasonic Holdings is cutting 10,000 jobs from its workforce. The Japan-based company announced the job cuts on Friday as part of a broader effort to increase its profitability ...
Fri, 09 May 2025 02:43:00 GMT Panasonic will slash its workforce by 10,000 roles in an effort to boost efficiency. The Japanese electronics manufacturer, which supplies batteries to Tesla through its subsidiary Panasonic ...
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: "This is the most exciting thing technologically I've seen in my lifetime". #radiodavos #weforum
Google's chief economist, Fabien Curto Millet, gives his take on the Outlook and the impact of GenAI, which he calls "the most exciting thing technologically I've seen in my lifetime".
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.
World Economic Forum Website ► http://www.weforum.org/
Facebook ► https://www.facebook.com/worldeconomicforum/
YouTube ► https://www.youtube.com/wef
Instagram ► https://www.instagram.com/worldeconomicforum/
Twitter ► https://twitter.com/wef
LinkedIn ► https://www.linkedin.com/company/world-economic-forum
TikTok ► https://www.tiktok.com/@worldeconomicforum
Flipboard ► https://flipboard.com/@WEF
#WorldEconomicForum
Published: 3rd Jun 2025 12:59:25 By: World Economic Forum
World Economic Forum Video: Water at a Tipping Point
Water systems are reaching a tipping point, with increasing floods and droughts affecting multiple regions globally. In five years, it is estimated that half the world will face water stress, jeopardizing productivity, public health and food security, and threatening $1.6 trillion in assets.
How can we leverage technology, governance and finance innovations to avoid or manage water tipping points?
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/water-at-a-tipping-point/
Speakers:
Fajer Mushtaq, Co-Founder and Chief Executive Officer, Oxyle Christophe Beck, Chairman and Chief Executive Officer, Ecolab Sherry Madera, Chief Executive Officer, CDP Fabrizio Palermo, Chief Executive Officer and General Manager, Acea Jessika Roswall, Commissioner for Environment, Water Resilience and a Competitive Circular Economy, European Commission
Catch up on all the action from the Annual Meeting 2025 at wef.ch/wef25 and across social media using the hashtag #WEF25.
Check out all our podcasts on wef.ch/podcasts: YouTube: - https://www.youtube.com/@wef/podcasts Radio Davos - subscribe: https://pod.link/1504682164 Meet the Leader - subscribe: https://pod.link/1534915560 Agenda Dialogues - subscribe: https://pod.link/1574956552 Join the World Economic Forum Podcast Club: https://www.facebook.com/groups/wefpodcastclub
Published: 2nd Jun 2025 05:50:28 By: World Economic Forum
World Economic Forum Video: App Teaching Future Skills & Medical Research Gender Gap | WEF | Top Stories Week
This week's top stories of the week include:
0:14 - Want your shrimp healthy and antibiotic-free? This start-up has a solution to help shrimp farmers identify diseases early so they can cure their shrimp without overusing antibiotics.
1:58 - This app uses games to teach young people the skills they need for the future. Goodwall has helped more than 3 million people in 150 countries through gamified challenges, allowing users to sharpen their skills in AI, problem-solving and communication to prepare for success in the rapidly changing world of work.
4:56 - Too calm for catastrophe: there's a problem with climate data, say experts. This phenomenon is called ‘shifting baseline syndrome’ or ‘the boiling frog’. Experts say it reduces public pressure for climate action because the slow pace of change obscures the urgency of the crisis.
6:47 - What if your medicine was never tested on someone like you. There is a gender disparity in medical research. This leaves millions of women facing health decisions without evidence-based options. Here are 5 ways policy-makers can start to close these gaps.
_____________________________________________
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.
World Economic Forum Website ► http://www.weforum.org/
Facebook ► https://www.facebook.com/worldeconomicforum/
YouTube ► https://www.youtube.com/wef
Instagram ► https://www.instagram.com/worldeconomicforum/
Twitter ► https://twitter.com/wef
LinkedIn ► https://www.linkedin.com/company/world-economic-forum
TikTok ► https://www.tiktok.com/@worldeconomicforum
Flipboard ► https://flipboard.com/@WEF
#WorldEconomicForum
Published: 31st May 2025 11:00:17 By: World Economic Forum
World Economic Forum Video: “Trillions of dollars added to the economy” - Google’s chief economist on the macro impact of AI
The World Economic Forum's latest Chief Economists Outlook highlights the risks posed by global trade tensions, and examines the potential impact AI will have on economic growth.
Google's chief economist, Fabien Curto Millet, gives his take on the Outlook and the impact of GenAI, which he calls "the most exciting thing technologically I've seen in my lifetime".
Links:
Chief Economists Outlook May 2025: https://wef.ch/chiefeconmay25
Related podcasts:
The global economy 'at a crossroads' ahead of Davos: Chief Economists Outlook: https://www.weforum.org/podcasts/radio-davos/episodes/chief-economists-outlook-ralph-ossa-wto/
Slow growth and the cost of debt: the World Bank's Chief Economist on the global outlook: https://www.weforum.org/podcasts/radio-davos/episodes/chief-economists-outlook-world-bank-indermit-gill/
The global economy is slowing - here's why that may not be such a bad thing: https://www.weforum.org/podcasts/radio-davos/episodes/chief-economists-outlook-september-2023-jerome-haegeli-swiss-re/
Check out all our podcasts on wef.ch/podcasts:
YouTube: - https://www.youtube.com/@wef/podcasts
Radio Davos - subscribe: https://pod.link/1504682164
Meet the Leader - subscribe: https://pod.link/1534915560
Agenda Dialogues - subscribe: https://pod.link/1574956552
Join the World Economic Forum Podcast Club: https://www.facebook.com/groups/wefpodcastclub
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.
World Economic Forum Website ► http://www.weforum.org/
Facebook ► https://www.facebook.com/worldeconomicforum/
YouTube ► https://www.youtube.com/wef
Instagram ► https://www.instagram.com/worldeconomicforum/
Twitter ► https://twitter.com/wef
LinkedIn ► https://www.linkedin.com/company/world-economic-forum
TikTok ► https://www.tiktok.com/@worldeconomicforum
Flipboard ► https://flipboard.com/@WEF
#WorldEconomicForum
Published: 29th May 2025 08:21:52 By: World Economic Forum
World Economic Forum Video: The Briefing Room | Chief Economists Outlook May 2025
With uncertainty continuing to shape global markets, understanding the path forward is more important than ever. We spoke with leading economists—Jinny Yan of ICBC Standard, Guy Miller of Zurich Insurance and Sandra Phlippen of ABN AMRO Bank—who shared their insights on what to expect and how to navigate the changes to come.
The World Economic Forum's Chief Economists Outlook May 2025 edition is out now: https://wef.ch/chiefeconmay25
#chiefeconomists25 #GlobalEconomy #Trade
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.
World Economic Forum Website ► http://www.weforum.org/
Facebook ► https://www.facebook.com/worldeconomicforum/
YouTube ► https://www.youtube.com/wef
Instagram ► https://www.instagram.com/worldeconomicforum/
Twitter ► https://twitter.com/wef
LinkedIn ► https://www.linkedin.com/company/world-economic-forum
TikTok ► https://www.tiktok.com/@worldeconomicforum
Flipboard ► https://flipboard.com/@WEF
#WorldEconomicForum
Published: 28th May 2025 10:02:30 By: World Economic Forum
Reuters Video: Wall Street stocks end higher on Nvidia, trade talks hopes | REUTERS
Wall Street closed higher amid mixed economic data, including increases in both job openings and layoffs.
#usa #stocks #stockmarket #News #Reuters #Newsfeed
Read the story here: https://reut.rs/4dLkBTf
👉 Subscribe: http://smarturl.it/reuterssubscribe
Keep up with the latest news from around the world: https://www.reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on Twitter: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
Published: 4th Jun 2025 12:36:11 By: Reuters
Reuters Video: AI startups revolutionize coding industry, but facing losses | REUTERS
So-called code generation startups are commanding sky-high valuations as they disrupt the software industry, sometimes replacing expensive human software engineers
#ai #technology #coding #softwareengineer #startup #business #News #Reuters #Newsfeed
Read the story here: https://reut.rs/43CxGuR
👉 Subscribe: http://smarturl.it/reuterssubscribe
Keep up with the latest news from around the world: https://www.reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on Twitter: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
Published: 3rd Jun 2025 08:39:25 By: Reuters
Reuters Video: Meta signs power agreement with Constellation nuclear plant | REUTERS
Meta says it has struck an agreement with Constellation Energy to keep one of the utility's reactors in Illinois operating for 20 years, in the Big Tech company's first such deal with a nuclear power plant
#meta #facebook #deals #business #bigtech #News #Reuters #Newsfeed
Read the story here: https://reut.rs/3FEypSP
👉 Subscribe: http://smarturl.it/reuterssubscribe
Keep up with the latest news from around the world: https://www.reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on Twitter: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
Published: 3rd Jun 2025 07:07:10 By: Reuters
Reuters Video: VW job cuts on track, key plant may move to four-day week | REUTERS
Volkswagen's plan to cut 35,000 jobs in Germany by 2030 seems to be on track as more than 20,000 workers at the core VW brand have agreed to end their contracts early.
#News #Reuters #Newsfeed #volkswagen #automobile #ev #restructuring
Read the story here: https://reut.rs/4mPl2QE
👉 Subscribe: http://smarturl.it/reuterssubscribe
Keep up with the latest news from around the world: https://www.reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on Twitter: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
Published: 3rd Jun 2025 03:46:53 By: Reuters
Reuters Video: Thames Water on the brink after KKR drops out of rescue deal | REUTERS
Britain's biggest water supplier Thames Water suffered a major setback in its fight to avoid nationalization as it said US private equity firm KKR had pulled out of a multi-billion pound rescue plan
#britain #thameswater #kkr #sewagesystem #environmentalimpact #riverpollution #News #Reuters #Newsfeed
Read the story here: https://reut.rs/4dHxkWS
👉 Subscribe: http://smarturl.it/reuterssubscribe
Keep up with the latest news from around the world: https://www.reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on Twitter: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
Published: 3rd Jun 2025 03:18:27 By: Reuters
Business Video: Job openings unexpectedly increased in April – but so did layoffs
Job openings increased in April, but layoffs did as well. CNN's Matt Egan looks at the numbers, and Yahoo! Finance senior columnist Rick Newman reacts to the OECD's prediction that the US GDP will likely shrink due to the trade war. #CNN #News
Published: 3rd Jun 2025 06:38:22 By: CNN
Business Video: Trump’s tariff fallout? It’s worse than we previously thought, says OECD
President Donald Trump’s trade war will wreak greater economic damage than previously expected, both in the United States and everywhere else, according to new forecasts by the Organisation for Economic Co-operation and Development.
CNN's Kate Bolduan examines how the tariffs may affect the costs of footwear, talking with Matt Priest of the Footwear Distributors and Retailers of America, and CNN's Matt Egan reports on the effect of higher steel tariffs on the auto industry. #CNN #News
Published: 3rd Jun 2025 03:00:19 By: CNN
Business Video: Commerce Secy.: 'Tariffs are not going away' as Trump warns of economic downfall if tariffs banned
Commerce Secretary Howard Lutnick said Sunday that “tariffs are not going away” after a federal appeals court last week paused a block on many of the Trump administration’s sweeping tariffs.
CNN's Wolf Blitzer and Pamela Brown talk with Financial Times columnist Ed Luce, and CNN's John Berman talks with economist Ken Rogoff. #CNN #News
Published: 2nd Jun 2025 04:35:00 By: CNN
Business Video: Small businesses under Trump’s tariffs: ‘I’m so angry that my own government has done this to me’
For some small businesses, the last week brought even more twists and turns to the past two months of President Donald Trump’s chaotic tariffs. The situation was already confusing, with stops and starts of tariffs at different levels. Then on Wednesday, a US court said Trump overstepped his authority in imposing most of those import levies – only for an appeals court on Thursday to pause the previous court’s ruling. The confusion has made it challenging for some small companies to plan, business owners told CNN. “My fear is, if this continues, there’s going to be like the mass extinction of small businesses,” Julie Robbins, CEO of Ohio-based guitar pedal maker EarthQuaker Devices, told CNN's Phil Mattingly. Mattingly also spoke to grocery CEO Stew Leonard about tariffs on international produce. #CNN #News
Published: 1st Jun 2025 06:27:40 By: CNN
Business Video: Mixed economic news after latest surprise Trump tariff
President Trump announced a surprise 50% tariff on imported steel, while also celebrating a deal between US Steel and Nippon Steel despite it not being finalized. Americans also reined in their consumer spending in April, as inflation was very close to the Federal Reserve's 2% target rate.
CNN's Camila DeChalus and Vanessa Yurkevich report, and CNN's Victor Blackwell speaks with Emory University professor of finance Tom Smith. #CNN #News