Reuters

Exclusive-Grab sees no big layoffs despite weak market

Exclusive-Grab sees no big layoffs despite weak market

By Anshuman Daga and Xinghui Kok SINGAPORE (Reuters) – Grab, Southeast Asia’s biggest ride-hailing and food delivery company, is not planning massive layoffs like some rivals have, and is hiring selectively, while moderating its ambitions in financial services. Chief operating officer Alex Hungate said that at the start of the year, Grab was worried about …

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Fed set for another 75 basis point rate hike;  early pivot unlikely: Reuters poll

Fed set for another 75 basis point rate hike; early pivot unlikely: Reuters poll

A woman holds US dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register BENGALURU, Sept 13 (Reuters) – The Federal Reserve will hike interest rates another 75 basis points next week and is likely to keep its key rate steady for an extended period …

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European stocks and euro jump on Ukrainian advances in northeast By Reuters

European stocks and euro jump on Ukrainian advances in northeast By Reuters

© Reuters. FILE PHOTO: A man wearing a protective mask reflects on an electronic board displaying stock prices outside a brokerage in Tokyo, Japan September 29, 2021. REUTERS/Issei Kato By Samuel Indyk LONDON (Reuters) – European stocks jumped on Monday after Ukrainian forces made a rapid advance in Kharkiv province in Russia’s worst setback since …

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