Business News – Page 21 – The paper fuel business magazine uk

31Jan

Peloton cuts 11% of workforce in cost-saving turnaround move, spokesperson says

Peloton Interactive has cut 11% of its employees as it aims to reduce costs amid turnaround efforts, a spokesperson for the company said on Friday. Widespread layoffs would mark another…

31Jan

OnlyFans in talks to sell majority stake at $5.5B valuation

OnlyFans is exploring selling a majority stake to investment firm Architect Capital in a deal valuing the adult content social media site ‌at around $5.5 billion, including debt, a person…

31Jan

AmEx flags strong annual profit outlook, holiday-quarter miss dents shares

American Express forecast annual profit largely above Wall ‌Street expectations on Friday, underscoring resilient spending by its young and affluent customers, but a small miss on holiday-quarter profit weighed on…

31Jan

Colombia Central Bank Hikes Rates 100 bps to 10.25%, First in Nearly 3 Years

Bogota: Colombia's central bank raised its benchmark interest rate by 100 basis points to 10.25% on Friday, its first hike in nearly three years and a larger move than most…

31Jan

Toyota recalls 161,268 U.S. vehicles over rear-view camera display glitch

Toyota is recalling 161,268 vehicles in the U.S. for a problem with the rear-view camera display when the vehicle is in reverse, the National Highway Traffic Safety Administration said on…

30Jan

SpaceX Weighs Musk Cross-Company Deals, Investors Eye AI, Space, Auto Play

New York: SpaceX is exploring deals with other companies helmed by serial entrepreneur Elon Musk, leaving investors working through permutations between space, autonomous driving and artificial intelligence to analyze which…

30Jan

Meta to Face Jury Trial Over Alleged Child Exploitation on Its Platforms

Meta Platforms is set to face trial next week in a lawsuit brought by the state of New Mexico accusing it of exposing children and teens to sexual exploitation on…

30Jan

Bosch Warns 2026 Will Be Tough, Delays Margin Target Amid Tariff Pressure

Frankfurt: Bosch, the world's largest car parts supplier, on Friday warned of another tough year in 2026 and postponed a 7% margin target as it expects no let-up in cost…

30Jan

Chevron beats Q4 profit estimates despite lower crude prices, cost cuts pay off

Houston: Chevron's fourth-quarter profits fell but came in ahead of estimates as it focused on cutting costs and making its operations more efficient to contend with lower crude prices throughout…

30Jan

Bitcoin hits two month low as Fed chair speculation boosts dollar, rattles crypto

Singapore: Bitcoin slumped to a two-month low on Friday as speculation the next chair of the U.S. Federal Reserve might tighten up on cash in the financial system hit cryptocurrencies…

1 … 19 20 21 22 23 … 110