Tesla to cut 10% of global workforce – The Financial Times
Tesla is cutting more than 10 per cent of its workforce — at least 14,000 jobs — as a worldwide EV slowdown and brutal price
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World Economy’s Great Escape Is No Comfort to the G-20 – Bloomberg
If the global economy is heading for a soft landing, there’s likely to be plenty of anxiety along the way. As the world’s financial elite
UK takes another step on path out of recession as GDP rises – The Guardian
Britain’s economy has taken a step closer to exiting recession as official figures showed growth continued in February despite a washout month for construction and
ECB Set to Cut Interest Rates in June, Villeroy de Galhau Says – Bloomberg
The European Central Bank is likely to cut interest rates in June, according to Governing Council member Francois Villeroy de Galhau. “Bar a surprise, we
Kristalina Georgieva to head IMF for a second term – The Financial Times
Kristalina Georgieva has won a second five-year term as IMF managing director, ahead of the start of the fund’s spring meetings in Washington next week.
Tech’s Cash Crunch Sees Creditors Turn ‘Violent’ With One Another – Bloomberg
The relentless rise of the Magnificent Seven makes it easy to forget that many tech firms are unprofitable and struggling with their debt burdens. Now,
AI keeps going wrong. What if it can’t be fixed? – The Financcial Times
The chatbot was speaking complete gibberish. “To rev the virgate, it’s enley to instil group danters,” it told one user. “I’m by. I’m in. I’m
World Must Prioritize Productivity Reforms to Revive Medium-Term Growth
The world economy faces a sobering reality. The global growth rate—stripped of cyclical ups and downs—has slowed steadily since the 2008-09 global financial crisis. Without
U.K. Economy Expanded at a Lower Rate in February – WSJ
The U.K. economy continued to grow slowly in February, likely adding to calls for the Bank of England to stimulate activity by cutting interest rates.
IMF Chief Warns Central Banks Against Cutting Too Soon – WSJ
Central banks should resist the temptation to lower their key interest rates too early and risk a resurgence of inflation and a fresh bout of