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ECB trims rates: Cuts benchmark rates by 25 bps amid Trump tariff risks; growth path now hinges on trade talks

ECB President Christine Lagarde (AP) The European Central Bank lowered its key interest rate by 25 basis points on Thursday, citing growing uncertainty from US trade threats and slowing eurozone momentum.In its

18 hours ago

World

Cost cuts tighten: P&G plans to cut 7,000 jobs globally; tariff burden, consumer anxiety drive restructuring

With demand softening and input costs rising, the consumer goods giant looks to streamline operations and exit select markets in the coming years. Procter & Gamble plans to lay off as many

1 day ago

World

OECD cuts global growth forecast to 2.9% in 2025 and 2026 amid escalating trade war

The Organisation for Economic Co-operation and Development (OECD) lowered its global economic growth forecast on Tuesday, citing the impact of a widening trade war driven by US President Donald Trump’s tariff policies.

3 days ago

World

South Korea central bank cuts interest rates amid growing pressure from Trump’s tariff war

Rhee Chang-yong (Photo credit: AP) South Korea’s central bank lowered interest rates on Thursday to support its export-driven economy amid growing pressure from US President Donald Trump’s tariff war. The bank also

1 week ago

World

Blow to Donald Trump’s narrative? Moody’s strips US government of gold-standard Aaa, credit rating, cuts it to Aa1

US credit rating downgrade undermines Donald Trump’s claims regarding economic robustness. (AI image) Moody’s Ratings downgraded the United States government’s credit rating on Friday, pointing to the inability of consecutive administrations to

3 weeks ago

World

Google Cuts About 200 Staff In Global Business Unit: Report

Google on Tuesday cut about 200 jobs across its global business unit, which is responsible for sales and partnerships, The Information reported on Wednesday, citing a person with knowledge of the situation.

3 weeks ago

World

Google cuts 200 jobs in global business unit

Alphabet-owned Google has laid off approximately 200 employees from its global business unit, which oversees sales and partnerships, The Information said, citing an informed source. Big Tech players have been redirecting spending

4 weeks ago

World

Google cuts about 200 staff in global business unit, The Information reports

Real-time Estimate Cboe BZX 03:32:33 2025-05-09 pm EDT 5-day change 1st Jan Change 152.55 USD -1.12% -6.89% -19.32% Published on 05/07/2025 at 19:21 This article is reserved for members Unlock the article:

4 weeks ago

World

Bank of England cuts interest rates to 4.25% amid global trade tensions and slowing growth

The Bank of England has cut interest rates for the fourth time since August, lowering the base rate to 4.25% from 4.5%, as the central bank grapples with weakening growth, persistent inflation,

4 weeks ago

World

Google Announces 200 Job Cuts In Global Business Unit: Report | Economy News

New Delhi: Tech Giant Google on Tuesday laid off around 200 employees from its global business unit. This unit is responsible for sales and partnerships, The Information reported, citing a source familiar

4 weeks ago

World

US drug price cuts may push pharma giants to raise prices in India: GTRI

ECB trims rates: Cuts benchmark rates by 25 bps amid Trump tariff risks; growth path now hinges on trade talks

Cost cuts tighten: P&G plans to cut 7,000 jobs globally; tariff burden, consumer anxiety drive restructuring

OECD cuts global growth forecast to 2.9% in 2025 and 2026 amid escalating trade war

South Korea central bank cuts interest rates amid growing pressure from Trump’s tariff war

Blow to Donald Trump’s narrative? Moody’s strips US government of gold-standard Aaa, credit rating, cuts it to Aa1

Google Cuts About 200 Staff In Global Business Unit: Report

Google cuts 200 jobs in global business unit

Google cuts about 200 staff in global business unit, The Information reports

Bank of England cuts interest rates to 4.25% amid global trade tensions and slowing growth

Google Announces 200 Job Cuts In Global Business Unit: Report | Economy News

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