Economy

Boeing plans to make staffing cuts in the aerospace company's finance and human resources departments in 2023, with a loss of around 2,000 jobs, the company said. “We expect about 2,000 reductions primarily in Finance and HR through a…
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British Prime Minister Rishi Sunak reshuffled his cabinet on Tuesday, breaking up two departments to better suit his pledges to spur the economy and turn around his party's fortunes before an election expected next year. Sunak created a…
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Global airline traffic rose to over half of pre-pandemic levels in 2022 according to data released by the International Air Transport Association (IATA) Monday. Since the beginning of the pandemic, airlines saw a sharp decline in travel…
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U.N. Secretary-General Antonio Guterres warned Monday that the world needs to wake up and take urgent action to change the trajectory on conflicts and geopolitical divisions, the climate crisis, and economic inequality. “We need a course…
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France will provide subsidies to wine producers in regions like Bordeaux to offload surplus supplies, the agriculture ministry said on Monday, as the renowned industry struggles with declining consumption. Falling demand for red wine, as…
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Oil producers may have to reconsider their output policies following a demand recovery in China, the world's second-largest oil consumer, the International Energy Agency's Executive Director Fatih Birol said Sunday. Demand in China, the…
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Marco Gonzales ventured to the Andean city of Cusco from his home in the Peruvian Amazon in 2007 with little more than $20, a smidgeon of English and a change of clothes poorly suited for the icy mountain air. He started offering walking…
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Marco Gonzales ventured to the Andean city of Cusco from his home in the Peruvian Amazon in 2007 with little more than $20, a smidgeon of English and a change of clothes poorly suited for the icy mountain air. He started offering walking…
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Union members voted down a contract proposal covering tens of thousands of Walt Disney World service workers, saying it didn't go far enough toward helping employees face cost-of-living hikes in housing and other expenses in central…
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Pakistan is facing a severe economic crisis. Prices of staples like food and fuel are skyrocketing. The country must repay billions in external debt, but its foreign reserves are so low it can barely afford to buy a few weeks' worth of…
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