Etiket: cuts
The Fed keeps its high rates unchanged but still plans three cuts this year
The American Federal Reserve (Fed) on Wednesday kept its rates unchanged, which remain at the highest level in more than twenty years, but it maintains the plan to reduce the…
Unilever cuts 7,500 jobs worldwide
The British hygiene and food giant Unilever will separate from its ice cream division which includes the giants Ben & Jerry’s and Magnum and whose sales disappointed last year, and…
Record deficit and spending cuts: don’t touch the financing of private schools, says Drainville
Faced with a record deficit of $11 billion, the Legault government is undertaking a major clean-up of its spending. However, there is no question of affecting the financing of private…
Girard budget: Quebec cuts $1 billion in business aid
After significantly increasing aid to businesses since 2018, Quebec is cutting three tax credits, hoping to save $1 billion by 2029. • Read also: Girard budget: faced with a record…
SP Clothing, the company that designs NHL jerseys, cuts 20% of its staff
The loss of a major customer forces SP Clothing, the jersey manufacturer for the National Hockey League (NHL), to restructure its activities and, in doing so, cut the equivalent of…
the Federation of Real Estate Developers fears 300,000 job cuts within a year and a half
While the real estate sector is collapsing, giants like Nexity and Vinci have announced that they are considering job cuts in the coming months. Published on 07/03/2024 07:11 Update on…
Mortgage renewal | Rate cuts in sight, but lots of ifs…
The Canada Mortgage and Housing Corporation (CMHC) estimates that 2.2 million mortgages will face an interest rate shock in 2024 and 2025. “This is the first time in more than…
British government announces tax cuts, despite recession
Published on 03/07/2024 11:34 Video length: 2 min Eurozapping: the British government announces tax cuts, despite the recession Eurozapping: the British government announces tax cuts, despite the recession (FRANCEINFO) Like…
after the announcement of budget cuts, Bruno Le Maire is eagerly awaited by the deputies
Bruno Le Maire and Minister Delegate for the Budget Thomas Cazenave will be heard on Wednesday by the Assembly’s Finance Committee. The session promises to be eventful. Published on 06/03/2024…
Oil | OPEC+ countries extend their cuts to boost prices
(Vienna) Riyadh and Moscow, pillars of the OPEC+ alliance of oil exporting countries, announced on Sunday with other members to extend their voluntary cuts until mid-2024 to support prices undermined…
Oil rises, driven by prospects of rate cuts
(London) Oil prices climbed on Friday, after the publication the day before of a slight decline in American inflation, which supports expectations of a reduction in American rates, and therefore…
Innergex cuts its dividend by 50%
Quebec renewable energy producer Innergex reduces its dividend by 50%. Published at 6:50 p.m. The annual dividend paid to shareholders is thus revised to 36 cents per share, which should…
China cuts rate again to support suffering economy
(Beijing) To revive growth, China is counting on more real estate loans: the central bank lowered a reference rate on Tuesday, in the hope of stimulating a key but seized…
Cuts at Bell | Bell CEO summoned to Ottawa to justify his decision
(Ottawa) MPs have invited several senior executives from BCE and Bell Canada to testify later this month about the company’s decision to cut about 9% of its workforce this year.…
CPA Canada cuts 20% of its staff before a split with Quebec and Ontario
(Toronto) Chartered Professional Accountants of Canada (CPA Canada) is cutting 20% of its workforce in anticipation of a decision by provincial watchdogs in Ontario and Quebec to separate from the…
Cuts at Bell | A “rotten” decision, says Justin Trudeau
Désolé, votre navigateur ne supporte pas les videos (Ottawa) Le premier ministre Justin Trudeau se dit « furieux » de la décision « pourrie » prise par Bell Canada de mettre fin à des…
BCE cuts nearly 4,800 jobs
The telecommunications giant BCE announced Thursday the elimination of nearly 4,800 jobs, or 9% of its workforce, as well as the sale of 45 of its 103 regional radio stations.…
BCE cuts 4,800 jobs and sells 45 radio stations
BCE is cutting 9% of its workforce, or about 4,800 jobs, including journalists and other workers at its Bell Media subsidiary. Posted at 7:11 a.m. Updated at 8:24 a.m. The…
BCE cuts 9% of its workforce and sells 45 radio stations
BCE is cutting 9% of its workforce, or about 4,800 jobs, including journalists and other workers at its Bell Media subsidiary. The company also sells 45 of its 103 regional…
BCE cuts 9% of its workforce and sells 45 radio stations
BCE is cutting 9% of its workforce, or about 4,800 jobs, including journalists and other workers at its Bell Media subsidiary. Posted at 7:11 a.m. Updated at 7:25 a.m. The…