List of European companies which cut jobs in response to slowing economySeveral European firms are reducing their workforce. Companies in the automotive, banking, energy, and consumer goods sectors are announcin...
11 Feb, 2026, 03.17 PM IST
Peloton cuts 11% of jobs, with engineering teams getting hitPeloton Interactive, the long-struggling fitness technology company, slashed 11% of its workforce in a cost-cutting move. The cutback mostl...
02 Feb, 2026, 06.01 PM IST
Amazon cuts 16,000 jobs globally in broader restructuringReuters first reported last week that Amazon was planning a second round of job cuts as part of a broader goal of trimming about 30,000 cor...
28 Jan, 2026, 10.29 PM IST
Chip equipment maker ASML cuts nearly 4% of staff while trimming 1,700 jobsTop computer chip equipment maker ASML logged record orders in the fourth quarter on Wednesday and boosted its 2026 outlook as demand surg...
28 Jan, 2026, 03.07 PM IST
European shares steady with focus on upcoming US data; Siemens slidesEuropean shares were steady on Thursday, as investors braced for crucial U.S. economic data following the end of the nation's longest gover...
13 Nov, 2025, 02.40 PM IST
S&P 500 ends higher after strong bank earnings, chip stocks rallyIndian markets surprisingly jumped after the S&P 500 finished higher. Big banks like Morgan Stanley and Bank of America saw a boost from so...
16 Oct, 2025, 07.25 AM IST
European shares head for quiet end to event-packed weekEuropean shares were muted on Friday and were set to end an event-filled week marginally lower, which included crucial central bank decisio...
19 Sep, 2025, 01.40 PM IST
European shares rise as Inditex leads retailers, Novo Nordisk shinesEuropean shares experienced a rise, propelled by strong performances in the retail sector, particularly Inditex, which reported accelerated...
10 Sep, 2025, 02.01 PM IST
Dutch tech giant ASML sees profits rise but warns on 2026ASML reported Q2 2025 net profit of €2.3 billion, up from €1.6 billion, with sales reaching €7.7 billion. However, the firm warned of 2026 ...
16 Jul, 2025, 07.47 PM IST
5 world market themes for the week aheadThis week, critical economic events include the U.S. Federal Reserve, European Central Bank, and Bank of Canada's first 2025 meetings. Inve...
25 Jan, 2025, 09.11 AM IST
Chip maker ASML supplier VDL denies reports it is cutting jobsThe report by Business News Radio cited an internal memo. A spokesperson for VDL said the company is reducing a small number of the flexibl...
02 Sep, 2024, 07.35 PM IST
5 world market themes for the week aheadThe upcoming week promises significant market activity with pressure on Joe Biden's election prospects, anticipation of a Fed rate cut, key...
13 Jul, 2024, 09.20 AM IST
European stocks at record on tech and ECB betsThe pan-European STOXX 600 benchmark rose by 0.7%, with the technology subindex surging 2.6%, driven by significant gains from Wall Street'...
06 Jun, 2024, 05.32 PM IST
European shares dip as investors await cues on policy outlookBasic resources was the worst-hit sector, down 1.7% on weakness in most metals. Construction and material, financial services and technolog...
03 Jan, 2024, 03.43 PM IST
European shares edge higher on boost from chipmakers ahead of US jobs dataThe pan-European STOXX 600 index rose 0.5%, with technology stocks rising 1.0%. The STOXX 600 is set to end the week flat.
02 Jul, 2021, 02.18 PM IST
Suez shows civilization is more vulnerable than we thinkIt’s a reminder that even an advanced civilization like ours has points of acute vulnerability.
28 Mar, 2021, 10.31 AM IST
- Chip makers' supplier ASML cuts 1,000 staff
ASML Holding NV, a key supplier to Intel Corp. and other computer chip makers, said Thursday it is slashing 1,000 jobs _ more than 10 perce...
18 Dec, 2008, 04.07 PM IST