HSBC to cut 10% of its workforce in France
HSBC plans to cut 348 jobs in France through a voluntary redundancy scheme, amounting to about 10% of its workforce in the country, the bank said
Saudi Aramco signs preliminary agreements worth up to $90 billion with US companies
Saudi Aramco has signed 34 preliminary agreements with major U.S. companies, potentially worth as much as $90 billion, the oil giant said on Wednesday. The deals
Nvidia supplier Foxconn cuts outlook due to currency appreciation
Taiwan’s Foxconn, the world’s largest contract electronics maker, downgraded its full-year outlook on Wednesday citing recent appreciation of the Taiwan dollar, even as it struck
Crypto platform FalconX partners with Standard Chartered
Crypto prime broker FalconX and global bank Standard Chartered said on Wednesday they had formed a strategic partnership to serve institutional crypto investors. The partnership marks
How much research talent could Europe grab from the US?
The policies of the Trump administration have put the research environment in the United States under pressure. Public research funding cuts, hostility towards academic freedom,
Going bigger, faster, together: Unlocking Eastern and Southern Africa’s digital future
Imagine getting to work on a program that will bring internet access and digitally enabled services to 180 million people. Opportunities like these illustrate the
What the financial sector needs to know about climate-related risks in the next five years: Navigating the new NGFS short-term scenarios for Europe
The immediate effects of climate-related risks are particularly relevant for the financial sector. Climate stress tests, which are often carried out over three to five-year
Crude realities: Shaky balance in oil’s supply and demand shifts
The first four months of the year have been turbulent for oil markets. Brent crude oil plunged by more than $12 per barrel ($/bbl) in
The Commodity Markets Outlook in eight charts
The views expressed in the Let’s Talk Development blog are solely those of the author(s). Commodity prices are projected to decline in 2025, driven by
Do governments adhere to their approved budgets? Insights from PEFA assessments
Why budget reliability matters Accurate revenue and expenditure forecasting is crucial for effective budgeting to ensure that governments can adequately plan for public services, infrastructure
