Exclusive: Meta cuts hiring plans, braces for ‘fierce’ headwinds

June 30 (Reuters) – Meta Platforms Inc, proprietor of Fb (META.O) has reduce plans to rent engineers by no less than 30% this 12 months, CEO Mark Zuckerberg informed workers on Thursday, whereas warning them to arrange for a deep financial downturn. “If I needed to wager, I might say this could possibly be one … Read more

Dollar wobbles as markets reassess rate bets, watch out for ECB

US greenback payments are proven on this illustration taken on February 14, 2022. REUTERS/Dado Ruvic Join now for FREE limitless entry to Reuters.com Document US Fee Hike Bets on Narrowing Fed’s Aggressive Tightening Path Buyers await the annual ECB discussion board in Sintra US Greenback Eyes Restoration After Posting First Weekly Fall This Month LONDON … Read more

Stocks moderate their inflation expectations due to the blow to copper

S&P futures up 0.9%, European shares acquire 1.5% MSCI World Shares Goal 2.5% Weekly Acquire Copper falls greater than 7% within the week, oil falls 2% German 10-year bond yield falls 4 bps LONDON, June 24 (Reuters) – World shares have been headed for his or her first weekly acquire in a month and Wall … Read more

US FDA halts Juul e-cigarette sales in nicotine crackdown

On this illustration taken on September 14, 2018, an e-cigarette machine manufactured by JUUL is proven. REUTERS/Mike Blake/Illustration Join now for FREE limitless entry to Reuters.com Document June 23 (Reuters) – The Meals and Drug Administration (FDA) on Thursday blocked Juul Labs Inc from promoting its e-cigarettes in the US, which might deal a deadly … Read more

Russia Seeks New Fuel Markets in Africa and Middle East as Europe Pulls Away

MOSCOW, June 23 (Reuters) – Russia is rising gasoline and naphtha provides to Africa and the Center East because it struggles to promote gas in Europe, whereas Asia is already receiving bigger volumes of Russian crude, Refinitiv Eikon information confirmed and sources stated. . The event is prone to improve competitors for Asian clients between … Read more

Oil rises on strong demand and tight supply

Fashions of oil barrels and a pump jack are pictured in entrance of a rising inventory chart and “$100” on this illustration taken February 24, 2022. REUTERS/Dado Ruvic/Illustration Enroll now for FREE limitless entry to Reuters.com Report Exxon Mobil CEO expects tight oil market to final for years US Secretary of Vitality to Meet with … Read more