Business News – Page 7 – The paper fuel business magazine uk

12Feb

Salesforce cuts under 1,000 jobs in early February, Business Insider reports

Cloud software provider Salesforce cut fewer than 1,000 roles at the beginning of this month, Business Insider reported on Monday, citing a person familiar with the matter. The affected roles…

12Feb

Spirit Aviation Seeks Court Nod to Auction 20 Airbus Jets for about $500 million

Spirit Aviation Holdings is asking a U.S. bankruptcy judge in New York to approve the bidding process for an auction and a potential sale of 20 Airbus A320/A321 aircraft, according…

12Feb

Meta Breaks Ground on $10B Indiana AI Data Centre

Meta said on Wednesday it was breaking ground on a $10 billion data centre in Indiana, as it races to secure the massive amounts of computing power needed to support…

12Feb

Grab Flags Weak FY26 Revenue Outlook Amid Slowing Ride, Delivery Demand

Singapore's Grab forecast fiscal 2026 revenue below Wall Street expectations on Wednesday, signalling slower momentum in the tech firm's core businesses of ride hailing and deliveries as consumers grapple with…

12Feb

Ford Sets 130% Bonuses After Quality Gains, Says CEO Jim Farley

Ford Motor CEO Jim Farley told employees in a town hall on Wednesday that companywide bonuses would be set to 130%, according to four people familiar with the matter, as…

12Feb

US House Rebukes Trump Tariffs on Canada in Narrow Vote

The U.S. House of Representatives on Wednesday narrowly backed a measure disapproving of President Donald Trump's tariffs on Canada, a rare rebuke of the president and leaders of his party…

12Feb

Equinix Jumps 6% on Upbeat AI-Driven Revenue Forecast

Equinix forecast annual revenue above estimates on Wednesday, betting on strong artificial intelligence-linked demand for the largest data centre operator's services, sending its shares up over 6% in extended trading.…

12Feb

Oil Rises on U.S.–Iran Tension Fears

Oil prices edged up on Thursday morning as investors worried about escalating tensions between the U.S. and Iran, on fears that any attacks on Tehran or shipping could lead to…

12Feb

Gates Foundation denies any financial payments to Jeffrey Epstein

The Gates Foundation said on Wednesday it did not make any financial payments to late financier and convicted sex offender Jeffrey Epstein or employ him at any time, after the…

12Feb

Citi Incoming CFO Sees Card Growth, Warns Rate Cap Would Hit U.S. Economy

Citigroup incoming Chief Financial Officer Gonzalo Luchetti said on Wednesday that he sees continued growth in the bank's credit card business, but warned that a proposed interest-rate cap would have…

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