JLR to cut thousands of jobs in cost-saving drive
General view of Land Rover cars outside the Jaguar Land Rover factory on April 7,…
General view of Land Rover cars outside the Jaguar Land Rover factory on April 7, 2025 in Halewood, England. Richard Martin-roberts | Getty Images News | Getty Images Thousands of workers at Britain’s Jaguar Land Rover (JLR) will be offered voluntary redundancies as the luxury car manufacturer responds to intense competition from cheaper Chinese rivals,…
YICHANG, CHINA – AUGUST 03: A netizen displays Japanese yen and US dollars on August 3, 2026 in Yichang, Hubei Province of China. Japan and the US have confirmed that they jointly intervened last week to halt a slide in the yen after it weakened to a fresh 40-year low. (Photo by Liu Junfeng/VCG via…
GUANGZHOU, CHINA – JULY 14: The exterior of an Agricultural Bank of China (ABC) branch building is seen on July 14, 2026, in Guangzhou, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images China’s finance ministry is leading a smaller-than-expected $54 billion capital injection into state-owned banks and insurers, as Beijing seeks…
TEHRAN, IRAN – AUGUST 2: A man looks at a banner depicting U.S. President Donald Trump and bearing messages was displayed in front of the Zolfaghar and Zolghadr ballistic missiles exhibited at Azadi Square in Tehran, Iran’s capital, on August 2, 2026. (Photo by Fatemeh Bahrami/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images…
Treasury yields face a key test at 4.8%, with a sustained move above that level potentially creating “meaningful problems” for other asset classes, according to Matt Maley, chief market strategist at Miller Tabak + Co. “We remain concerned about the Treasury market…as rising fiscal deficits, massive debt issuance, and heavy corporate borrowing continue to pressure…
TANGERANG, INDONESIA – SEPTEMBER 6: Citilink passengers queue for ticket refunds after their flights were cancelled on safety grounds following volcanic ash from the eruption of Mount Anak Krakatau, at Terminal 1C of Soekarno-Hatta International Airport in Tangerang, Indonesia, September 6, 2026. (Photo by Firdaus Wajidi/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images…
This image provided by NASA-TV shows the SpaceX Dragon commercial cargo craft taken from Canadarm2’s video camera as Dragon approaches the International Space Station, Friday, May 25, 2012. In foreground is a portion of Canadarm2. Expedition 31 Flight Engineers Don Pettit and Andre Kuipers will use the Canadarm2 robotic arm to grapple the supply ship…
At a July protest against data centers in Lubbock, Texas, state Agriculture Commissioner Sid Miller took the microphone to share his concerns about data center land grabs in his home state. But what he said could apply to what’s happening in dozens of states across the U.S. “When [data centers] first started popping up, nobody…
A person on a scooter leaves the entrance to the U.S. Securities and Exchange Commission headquarters building on May 26, 2026, in Washington, DC. J. David Ake | Getty Images The Securities and Exchange Commission sued Institutional Shareholder Services, seeking to force the influential proxy adviser to turn over information as the Trump administration steps…
US Energy Secretary Chris Wright testifies before a Senate Committee on Armed Services Committee hearing to examine the 2027 budget for the Department of Energy and National Nuclear Security Administration on Capitol Hill in Washington, DC, on May 13, 2026. Jim Watson | Afp | Getty Images U.S. Energy Secretary Chris Wright on Sunday said…