Air New Zealand plans to cut more cabin crew jobs

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Air New Zealand plans to cut more cabin crew jobs

Sydney: New Zealand Ltd said on Wednesday it aims to cut up to 385 more cabin crew jobs due to the lack of long-haul international flying, which would take its COVID-19 related job losses to around 37% of its workforce. The percentage figure is higher than …
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Japan shares end higher as investors eye Fed policy stance

TOKYO, Sept 16 (Reuters) – Japanese stocks ended marginally higher on Wednesday on expectations that the U.S. Federal Reserve would reinforce its commitment to keeping rates low at a meeting later in the day. The Nikkei 225 Index finished trade up …
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Ray Dalio warns of threat to dollar as reserve currency

The dollar’s decades-long position as the global reserve currency is in jeopardy because of steps the U.S. has taken to support its economy during the Covid-19 pandemic, according to Ray Dalio, founder of hedge fund giant Bridgewater Associates.
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Facebook addresses political controversy in India, monetization opportunities, startup investments

At the beginning of the previous decade, Facebook had a tiny presence in India. It had just started to slowly expand its team in the country and was inking deals with telecom operators to make access to its service free to users and even offer incentives such …
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Eating out scheme pushes down August inflation

The UK’s inflation rate fell sharply to 0.2% in August as the effect of the Eat Out to Help Out scheme pushed down restaurant prices, figures show. July’s figure had been 1%. The cut in VAT from 20% to 5% in the hospitality sector also contributed to the big …
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