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Tag: sector

China’s manufacturing sector shrinks in August – BBC News

China’s manufacturing sector has shrunk for the fifth consecutive month, an official survey showed. The country’s manufacturing purchasing managers’ index rose slightly to 49.7, but still sits below 50, which signals a contraction. Despite a turbulent few months, China’s leader Xi Jinping defended the “strong resilience, tremendous potential and great vitality” of the economy. It is a very different picture in India, where the economy…

Trump offers unique way to battle banking sector uncertainty under Biden

Former President Donald Trump sounds off on Biden, ‘interest-rate-happy’ Fed chair, in ‘Hannity’ interview. #hannity #foxnews Subscribe to Fox News! https://bit.ly/2vaBUvAS Watch more Fox News Video: http://video.foxnews.com Watch Fox News Channel Live: http://www.foxnewsgo.com/ FOX News Channel (FNC) is a 24-hour all-encompassing news service delivering breaking news as well as political and business news. The number one network in cable, FNC has been the most-watched television…

Why are so many jobs being shed in Big Tech sector worldwide? | Inside Story

Around 12,000 Google employees have been emailed, telling them their jobs are gone. It follows cuts at Meta, Twitter and Microsoft. More than 200,000 jobs have been lost in the sector in a year. Some blame over-recruitment during the pandemic, wrong strategies or economic factors. So why are so many jobs being lost in the sector worldwide? Is Big Tech in big trouble? Presenter: Adrian…

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