The reform will raise the retirement age from 62 to 64 Schools, transportation networks and refinery deliveries have been affected Macron: Reform is vital to ensure the continuity of the pension system PARIS (Reuters) – Huge crowds marched across France on Tuesday to say “no” to President Emmanuel Macron’s plan to make people work longer … Read more
DAVOS, Switzerland, Jan. 18 (Reuters) – Microsoft Corporation (MSFT.O) On Wednesday, it said it would cut 10,000 jobs and charge $1.2 billion in fees, as cloud computing customers reassess their spending and the company prepares for a potential recession. The layoffs, much larger than the cuts Microsoft made last year, are piling up to tens … Read more
WASHINGTON (Reuters) – When Benjamin Franklin made his first lightning rod in the 1750s after famously experimenting with flying a kite with a switch attached during a thunderstorm, the American inventor had no way of knowing that it would remain state of the art. for centuries. Scientists are now moving to improve an 18th-century innovation … Read more
NEW YORK (Reuters) – U.S. banking giants are expected to report lower fourth-quarter profits this week as lenders hoard money for rainy days in preparation for an economic slowdown that will hurt investment banking. Four US banking giants – JPMorgan Chase & Co (JPM.N)Bank of America Corp (BAC.N)Citigroup Inc (CN) and Wells Fargo & Company … Read more
Jan. 9 (Reuters) – Pfizer Inc (PFE.N) It’s not in talks with Chinese authorities to license a generic version of its COVID-19 treatment Paxlovid for use there, CEO Albert Bourla said Monday, but it is in discussions about the price of the branded product. Reuters reported on Friday that China is in talks with Pfizer … Read more
