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BP Announces Major Job Cuts and Strategic Shift Amidst Financial Pressures
BP is cutting 4,700 jobs and 3,000 contractor positions globally in a strategic move to save $2 billion by 2026, focusing on digital capabilities.
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BP is cutting 4,700 jobs and 3,000 contractor positions globally in a strategic move to save $2 billion by 2026, focusing on digital capabilities.
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China's economy grew by 5% in 2024, meeting targets despite external pressures and internal challenges like youth unemployment and a property sector downturn.
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The FTC has filed a lawsuit against PepsiCo for allegedly violating the Robinson-Patman Act by giving Walmart unfair pricing advantages over other retailers.
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The average rate on 30-year mortgages in the U.S. reached 7.04%, raising affordability issues for potential homebuyers and prolonging the housing slump.
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The UK economy grows by 0.1% in November; however, concerns persist regarding stagnation and upcoming tax rises.
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A technical glitch continues to prevent Capital One customers from accessing funds and services, following a third-party vendor's power outage.
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Nate Anderson announces the closure of Hindenburg Research, renowned for impactful short-selling reports, after completing its final projects.
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As Trump prepares for his presidency, Bitcoin surges over $100,000, fueled by optimism for crypto-friendly policies and a proposed national reserve.
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The Federal Reserve has exited the NGFS, reflecting a policy shift as it prioritizes its statutory obligations over climate-focused finance regulation.