Amazon exits Quebec operations, to cut about 1,700 jobs
(Reuters) – E-commerce giant Amazon.com (NASDAQ:AMZN) is exiting its operations in Quebec, leading to the loss of about 1,700 full-time jobs, a company spokesperson said on Wednesday. The online retailer will phase out operations across seven sites in the province —
Puma announces cost-cutting after 2024 net profit misses expectations
LONDON (Reuters) -Sportswear brand Puma (OTC:PMMAF) announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year’s level, missing its expectations. Net profit was 282 million euros ($294 million) for the year, compared to 305
Argentina economic activity seen contracting less in November
By Hernan Nessi BUENOS AIRES (Reuters) – Economic activity in Argentina likely fell again in November versus the same month a year earlier, but less than the 0.7% contraction in October, a Reuters poll of market analysts on Wednesday showed. The median
Davos- Top NYSE exec sees robust US IPO activity in 2025
By Divya Chowdhury and Niket Nishant DAVOS, Switzerland (Reuters) – A strong U.S. economy and lower interest rates could foster a surge in the number of initial public offerings in 2025, building on the recent momentum, a top executive at the
Former US House speaker praises Trump economic picks, warns of debt hiccup
DAVOS, Switzerland (Reuters) – Paul Ryan, the former speaker of the U.S. House of Representatives, praised President Donald Trump’s choices for economic personnel and stressed the importance of managing the nation’s growing debt. The U.S. administration was “off to a good