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Emirates airline lays off some employees

01 Jun 2020

Inayat-ur-Rahman, Senior Business Reporter The Dubai-based Emirates, the world’s biggest long-haul airline, on Sunday confirmed that it laid off some workers as a result of the impact of...

Turkish central bank trims rates

22 May 2020

Turkey’s central bank cut its policy rate by 50 basis points to 8.25% as expected on Thursday, taking advantage of recent lira strength to keep supporting an economy that it...

Saudi Arabia’s investment in HVAC systems set to exceed $34b mark

01 Jan 2020

Business Bureau, Gulf Today HVAC R Expo Saudi, Saudi Arabia’s largest event dedicated heating, ventilation, air conditioning and refrigeration (HVAC R) industry, will return to for a 5th edition at...

ArcelorMittal wants to cut 5,000 Italy jobs: prime minister

07 Nov 2019

Steel giant ArcelorMittal pulled out of an agreement to buy struggling Italian firm Ilva because of production concerns, Italy’s prime minister has said, warning the company wants to cut 5,000...

Minister under fire after he says North Indian youths incapable of getting jobs

15 Sep 2019

Union Minister Santosh Gangwar stirred major controversy on Sunday when he blamed the North Indian youth for failing to secure jobs as he dismissed criticism about the current employment situation...

BAT plans to cut 2,300 jobs by Jan 2020

12 Sep 2019

British American Tobacco Plc said on Thursday it would lay off 2,300 employees globally by January as the world's second largest tobacco company by sales looks to streamline its operations....

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