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Accenture to lay off 19,000 workers as revenue growth slows
Accenture, an Irish-American IT firm, has announced a 19% reduction in its workforce. This comes amid a deteriorating global economic...
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Hindenburg accuses Jack Dorsey’s Block of inflating user metrics, enabling insider fraud
On Thursday, Hindenburg charged Block, a firm owned by Twitter founder Jack Dorsey, with “frictionless” fraud that exaggerated user numbers...
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Fed raises key rate by quarter-point despite bank turmoil
Despite worries that rising borrowing costs would exacerbate the turbulence currently plaguing the banking system, the Federal Reserve continued its...
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Twitter scam: Scammers using blue tick to steal bank passwords- Here’s how
Scammers are now making use of Twitter's blue subscription service to trick people. Here's everything you need to know about...
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Oil rises 2% in retreat from 15-month low as banking fears subside
Oil prices rose more than two per cent on Tuesday, extending a retreat from a 15-month low hit the previous day, as...
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Over $17 billion worth of bonds become zero after Credit Suisse’s takeover by UBS
Nearly $17.3 billion in bonds issued by the troubled Credit Suisse bank have gone worthless overnight, thanks to competitor UBS...
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New Starbucks CEO Laxman Narasimhan takes over nearly two weeks earlier than expected
About two weeks sooner than anticipated, Starbucks announced on Monday that Laxman Narasimhan has assumed the role of CEO. It...
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Amazon lays off another 9,000 employees as cost-cutting measures intensify
The CEO of Amazon, Andy Jassy, revealed in a statement on Monday morning that the firm will lay off another...
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Laid-off employees claim Google not paying for authorized maternity leave
According to reports, Google is reportedly taking other cost-cutting measures, such as not paying for the maternity and medical leaves...
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