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Cloudflare lays off 1,100 employees; CEO says company isn’t struggling
Cloudflare is laying off over 1,100 employees, about 20% of its workforce, to restructure around AI adoption. CEO Matthew Prince explained the cuts target 'measurers' – roles like middle management and operations – as AI enhances efficiency. He believes AI will boost productivity for 'builders' and 'sellers', allowing greater investment in growth areas.
China Bond Bears Eye Niche Swap Trade as Rally Doubts Grow
Chinese investors are betting a months-long rally in two-year government bonds has gone too far, turning to arbitrage trades more commonly used in the US and Europe to put that view to work.
Paul Keating urges Labor to stick with capital gains tax overhaul and avoid exemptions that would hurt economy
Exclusive: former PM says the changes to tax rates are ‘so marginal that no entrepreneurial initiative is likely to be thwarted’Paul Keating has urged Labor to stick to its guns on controversial changes to capital gains tax, warning exempting commercial assets from the changes would further “distort” the economy.Small business and the start-up sector are fighting the Albanese government over its plans to shift the 50% capital gains tax discount to an inflation-based model, part of a suite of tax...
Samsung Union Votes in Favor of Deal, Averting Chip Plant Strike
Samsung Electronics Co.’s largest union voted in favor of a compensation deal that will hand chip workers an average bonus of about $340,000, staving off a strike that threatened to disrupt global chip supply.
Delhi Prepares "Power Master Plan" As Demand Surges In May Heatwave
The announcement comes as Delhi has already crossed 8,400 MW in peak power demand in May, close to last year's summer peak and significantly earlier than usual.
بسبب حرب إيران وأزمة هرمز.. بنغلادش تطلب قروضاً جديدة من صندوق النقد
أعلن صندوق النقد الدولي (IMF)، أنه يجري مفاوضات مكثفة مع حكومة بنغلادش لصياغة برنامج مساعدات مالي جديد بناءً على طلب عاجل من دكا، وذلك في مسعى لاحتواء التداعيات الاقتصادية القاسية الناتجة عن الحرب المستعرة في منطقة الشرق الأوسط. تحرك حكومي متسارع لإنقاذ أمن الطاقة تأتي هذه المفاوضات في وقت تواجه فيه الدولة الواقعة في جنوب آسيا، والتي يقطنها نحو 170 مليون نسمة، أزمة طاقة غير مسبوقة، وتتلخص أبرز ملامح الحراك الدبلوماسي والمالي في النقاط التالية: تأكيد صندوق النقد: صرّح إيفو كرزنار، رئيس بعثة الصن...
Astellas Pharma Shares Fall After Unveiling Five-Year Plan
Astellas Pharma Inc. shares fell to the lowest in about four months after the Tokyo-based drugmaker’s five-year plan offered few surprises.
EU Firms Warm to China Even as Tensions Spiral Over Export Surge
European firms in China are turning more upbeat about their business outlook, a new survey found, just as Brussels appears poised to take action against a swelling trade imbalance with Beijing.
UBS’s Khan Says AI Will Have ‘Ramifications’ on Jobs
UBS Group AG’s Asia Pacific President Iqbal Khan said artificial intelligence will free up capacity and improve productivity but also have an impact on jobs.
SQM Boosts Lithium Guidance as Earnings Top Estimates
SQM reported a sharp increase in first-quarter profit and raised its lithium sales forecast, betting that robust demand from battery storage systems will keep the market tightly supplied.
Adnoc Exports Another LNG Shipment Through Hormuz to India
Another tanker carrying liquefied natural gas from Abu Dhabi National Oil Co. has exited the Strait of Hormuz, adding to a recent uptick in energy flows through the vital waterway.
It's the stupidest people in the office who use the most business jargon, study finds
It’s the stupidest people in the office who use the most business jargon, study findsGet your news delivered straight to you by 7am - sign up to our new Morning Mail newsletter for FREESee more Daily Mail on Google - save us as a Preferred SourceBy NOOR QURASHI, NEWS REPORTER Published: 01:09, 27 May 2026 | Updated: 01:10, 27 May 2026 e-mail View comments
Two-fifths of adults are baffled by their finances, warns Rishi Sunak, as ex-PM's charity finds UK lags behind other nations
Two-fifths of adults are baffled by their finances, warns Rishi Sunak, as ex-PM's charity finds UK lags behind other nationsSee more Daily Mail on Google - save us as a Preferred SourceBy KRISTINA WEMYSS, GENERAL NEWS REPORTER Published: 01:04, 27 May 2026 | Updated: 01:04, 27 May 2026 e-mail View comments
صندوق معالجة الديون المتعثرة يعلن شطب الفوائد على ديون 2339 متقاعداً
تنفيذاً لتوجيهات صاحب السموّ الشيخ محمد بن زايد آل نهيان، رئيس الدولة، حفظه الله، وبمتابعة سموّ الشيخ منصور بن زايد آل More...
مؤشرات الأسهم الأمريكية تغلق على تباين
أغلقت مؤشرات الأسهم الرئيسية في بورصة "وول ستريت" الأمريكية تعاملاتها على تباين ملحوظ؛ حيث تلقت السوق دفعة قوية من قطاع التكنولوجيا الثقيلة مما قاد مؤشري "نازداك" و"ستاندرد آند بورز" للصعود، في حين خالف مؤشر "داو جونز" الصناعي الاتجاه وأغلق باللون الأحمر. أداء مؤشرات الأسهم الأمريكية عند الإغلاق شهدت الجلسة تبادلاً للأدوار بين القطاعات الاقتصادية، وجاءت الأرقام الختامية للمؤشرات الثلاثة الكبرى على النحو التالي: مؤشر ناسداك المجمع (Nasdaq): حقق المكسب الأكبر في هذه الجلسة بدعم من أسهم شركات التك...
Gold Holds Loss as Traders Weigh Prospects for US-Iran Deal
Gold held a loss, as fresh clashes in the Persian Gulf weighed on hopes for a US-Iran peace deal and reinforced concerns that inflation could keep interest rates higher for longer.
Speed up £250 cap on leasehold ground rent, MPs urge
Speed up £250 cap on leasehold ground rent, MPs urge11 minutes agoShareSaveAdd as preferred on GoogleBecky MortonPolitical reporterGetty ImagesA planned £250 cap on yearly ground rents paid by leaseholders in England and Wales should be introduced more quickly, a committee of MPs has urged.The government has said it expects the limit on ground rents - an annual fee paid by leaseholders to their freeholder - to come into force in late 2028.However, a report by the cross-party Housing, Communities...
Iran war impact to hit household energy bills for the first time
Iran war impact to hit household energy bills for the first timeJust nowShareSaveAdd as preferred on GoogleKevin PeacheyCost of living correspondentGetty ImagesHousehold energy prices will rise sharply in July, as soaring wholesale costs caused by the impact of the Iran war hit UK bills for the first time.On Wednesday, regulator Ofgem will publish details of its new price cap affecting millions of homes on variable tariffs in England, Scotland and Wales.Analysts predict a rise of 13% on the curr...
SQM Raises Lithium Sales Guidance as Recovery Gathers Pace
SQM reported a sharp increase in first-quarter profit and raised its annual lithium sales forecast as robust demand from battery storage systems helps drive a recovery in prices.
SEC Chairman Eyes ‘Gun-Jumping’ Rule Changes to Spur More IPOs
The Securities and Exchange Commission is mulling changes to decades-old rules that prohibit companies from certain communications during the going-public process, as the Wall Street regulator looks to boost initial public offerings.