Amazon Tech giant cuts hundreds of jobs in cloud computing unit
Technology giant Amazon has announced job cuts affecting hundreds of staff at its cloud computing business. Amazon Web Services (AWS) has been growing and now…
Category: EUROPE
EUROPE
WhatsApp, Instagram and Facebook apps hit by outage
WhatsApp, Facebook and Instagram all went down briefly on Wednesday during a major outage at parent company Meta. Thousands of app users reported issues accessing…
Turkey’s economic team holds first investor meeting since policy U-turn
Turkey’s new-look economic team met for the first time with international investors on Friday, with questions over how far it will hike interest rates to…
Ons Jabeur and Aryna Sabalenka both make their way back into the Wimbledon semifinals
WIMBLEDON, England (AP) – From where Ons Jabeur was sitting on Centre Court, a spot in the Wimbledon semifinals was as good as guaranteed. The…
Morocco to review its fisheries partnership with EU
Morocco is reviewing its current fisheries partnership with the EU in a way that takes into account its own fishing strategy and biological factors, Foreign…
Maison Sara Chraibi shows geometric patterns in haute couture lineup in Paris
Moroccan Maison Sara Chraibi presented a sculptural line-up of garments with elaborate, geometric patterns on Thursday, the final day of Paris haute couture week. Sara…
Thomson Reuters to acquire legal AI firm Casetext for $650 mln
Thomson Reuters (TRI.TO) said on Monday it had agreed to acquire Casetext, a legal startup with an artificial intelligence-powered assistant for law professionals, in a $650 million…
Mitsotakis to be sworn in as Greek PM after landslide victory
ATHENS – Kyriakos Mitsotakis will be sworn in as Greece’s prime minister on Monday, a day after a resounding win for his New Democracy party…
Deutsche Bank tells investors some of their Russian shares are missing
LONDON / NEW YORK – Deutsche Bank (DBKGn.DE) has told clients it can no longer guarantee full access to Russian stocks that belong to them, underlining the…
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Development banks can boost lending by $200 bln – Paris summit
PARIS – Multilateral development banks are expected to unlock $200 billion in extra firepower for emerging economies by running their balance sheets more tightly and…