Goldman Sachs could cut up to eight percent of its staff, or around 4,000 jobs, according to reports Friday, as the financial giant eyes sluggish global growth in 2023.. The job cuts are expected early in 2023, according to reports in Semafor and CNBC that said the final figure could ultimately be smaller than eight percent.
The French army on Friday officially awarded the contract to develop a new European combat jet, a key project in the push to integrate the continent's military capabilities and reduce its reliance on American equipment.. So far no other European nations have signed on to build the new plane, and a previous French-German plan to build a common fighter failed, leading to the development of the Rafale and Eurofighter jets currently in use.
UK Prime Minister Rishi Sunak said on Friday his government was working "flat out" to settle post-Brexit trading problems in Northern Ireland to end political paralysis in Belfast.. The UK and the EU have been working this year to resolve their differences over post-Brexit trade rules known as the Northern Ireland Protocol.
Six Macau casino firms agreed Friday to invest a total of 118.8 billion patacas ($15 billion) after being granted 10-year operating licences, with the bulk of the money pledged to non-gaming projects.. The casino firms promised to spend 108.7 billion patacas -- more than 90 percent of their investment total -- on "exploring overseas customer markets and developing non-gaming projects", the government said Friday.
Twitter suspended Thursday accounts of more than a half-dozen journalists who had been writing about the company and its new owner Elon Musk.. Twitter did not say why the reporters' accounts were suspended.
Asian stocks fell Friday as investors contemplated interest rates going higher than expected for an extended period after central banks reaffirmed their commitment to bringing down inflation.. - "With central banks on both sides of the pond suggesting they have more work to tame inflation, hiking interest rates into a dimming macro environment will undoubtedly trigger a recession," said SPI Asset Management's Stephen Innes.
Twitter suspended Thursday the accounts of more than a half-dozen journalists who had been writing about the company and its new owner Elon Musk.. "Any account doxxing real-time location info of anyone will be suspended, as it is a physical safety violation," Musk said in a tweet.
Google rivals on Thursday unveiled a project to make freely available data sets for map features to be built into online offerings.. Alphabet-owned Google dominates online mapping, selling its services to other companies or platforms and using location and navigation capabilities to enhance its other offerings, including online advertising.
Panama ordered a halt Thursday to work at a copper pit that is the largest mine in Central America, after a deadline for a new contract with its Canadian operators expired.. President Laurentino Cortizo said he had ordered that only maintenance work continue at the huge mine operated by First Quantum Minerals.
US justice officials on Thursday said a former Twitter worker convicted of spying for Saudi officials was sentenced to 3.5 years in prison.. Prosecutors accused Abouammo and fellow Twitter employee Ali Alzabarah of being enlisted by Saudi officials between late 2014 and early the following year to get private information on accounts that were critical of the regime.
