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Tag: costs
Ride-hailing and food delivery app Grab slashes 1,000 jobs to rein in costs
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Read more about Southeast Asia: https://sc.mp/kwff Singapore tech giant Grab Holdings is laying off over 1,000 employees, or 11 per cent of its workforce. Company officials said the move is a bid to manage costs and reorganise in a competitive business environment. It is Grab’s largest round of layoffs since 2020, when it cut 360 jobs…
Haj pilgrims feel weight of Pakistan’s economic crisis as costs of mandatory trip surge
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Read more on Pakistan: https://sc.mp/dc5620 The Pakistani government has increased the cost of the annual haj pilgrimage to Mecca in Saudi Arabia’s Mecca as the Muslim-majority nation reels from an economic crisis. Though the pilgrimage is a once-in-a-lifetime mandatory religious duty for able-bodied Muslims, many now struggle to afford the trip. Support us: https://subscribe.scmp.com Follow us…
Pasta price in UK doubles as costs of basics rises – BBC News
The price of pasta in the UK has nearly doubled in two years, new research for the BBC suggests. A standard 500g bag of pasta was 50p two years ago – now it’s 95p. The BBC has been tracking the cost of a small basket of 15 everyday essentials, from oven chips and strawberry jam to pasta sauce and potatoes. The total has gone up…
Soaring energy costs drive Swiss inflation higher – data
Electricity providers increased prices at the beginning of the year, passing on an additional burden to households Consumer price inflation accelerated again in Switzerland at the start of the year, largely reflecting higher food and energy prices, figures from the Federal Statistical Office showed on Monday. Inflation rose 3.3% year-on-year in January, driven by surging gas and electricity prices. The rate exceeded economists’ forecasts…
Corbyn-era legal costs could blunt Labour general election campaign
A long-running internal feud may prove costly in the run to the next election, writes Iain Watson. The post Corbyn-era legal costs could blunt Labour general election campaign appeared first on Rich TVX News Network.
Amazon to axe 18,000 jobs globally as it cuts costs – BBC News
Amazon plans to cut more than 18,000 jobs, the largest number in the firm’s history, as it battles to save costs. The online giant which employs 1.5 million people globally, did not say which country the job cuts would be, but said they would include Europe. Most of the job losses will come from its shops including Amazon Fresh and Go and its human resources…
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Donald Trump continues to hold an advantage over President Joe Biden as the campaign – and the former president’s criminal trial – move forward, according to a new CNN poll [...]
The United Nations human rights director has said Israel may be using starvation as a weapon of war in Gaza. More than 70% of the population in northern Gaza are [...]
More than 20,000 people remained without electricity after tornadoes began late on Saturday night. At least 100 people were injured. [...]
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