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Microsoft cuts 4,800 jobs and shrinks Xbox in significant restructure
Microsoft has announced it has cut 4,800 jobs – roughly 2.1% of its workforce – with Xbox to bear a large number of its latest layoffs. Amy Coleman, executive vice president at Microsoft, told employees in a memo that the tech giant needed to focus on areas that can deliver for customers amid a “fast-changing…
BTS: K-pop agency shares drop after comeback show turnout falls short
The free concert in Gwanghwamun Square in Seoul on Saturday saw all seven members – Jin, Suga, J-Hope, RM, Jimin, V, and Jung Kook – perform together for the first time since they went on hiatus in 2022, in order to enlist for mandatory military service.
Foreign tourists to pay $100 fee to visit US national parks
Foreign tourists visiting popular US national parks like the Grand Canyon and Yosemite will need to pay an extra fee, the Trump administration said on Tuesday. The Department of the Interior, which runs the country’s national parks, said each international visitor will need to pay $100 (£76) on top of existing fees to access 11…
UK unemployment rate rises to 5% as jobs market weakens
Michael Sheils McNameeBusiness reporter Reuters The rate of UK unemployment has risen to 5% in the three months to September, showing signs the jobs market has weakened, according to new official figures. It is the highest rate since the period covering December 2020 to February 2021, according to the Office for National Statistics (ONS) –…
US tariff policy hasnt changed, says Trumps trade representative
On the day that Trump announced the IEEPA tariffs last April, the tariffs on his products went from zero to 30%, Smeaton told BBC Radio 4’s Today programme. Afterwards, they went up to 100%, then 145%, and eventually a rate of 30% was paid. This later changed to 20% and, for a few hours on…
