Tag: cuts
NS cuts 500 jobs at its headquarters in Utrecht
The NS is cutting five hundred jobs at its head office in Utrecht to reduce costs, according to the publication of its half-year results. The railway company is also investigating…
Bank of England cuts interest rates to 5%
(Telestock) – The Bank of England followed the ECBanticipating the rate cut promised by the Fed in September. The Monetary Policy Committee (MPC), which met today, decided to cut interest…
This world champion cuts France: “We did not prepare for these Games like the English did”
Recognized as one of the greatest in his discipline, this star does not mince his words about France. The 2024 Paris Olympic Games seem to be going as smoothly as…
Justice cuts controversial quotas, but protests continue – L’Express
Will the decision by the highest court be enough to calm the anger of Bangladeshis? As the country of 170 million people experiences an escalation of violence, protesters on Sunday,…
Lufthansa slips in Frankfurt, cuts profit estimates
(Finance) – Weak day for Lufthansawhich changes hands with a drop of 0.48%. The group has cut its full-year 2024 profit forecast: l‘adjusted operating profit will be between 1.4 billion…
Romania’s central bank cuts rates by 25 basis points to 6.75%
(Finance) – The Romanian Central Bank has cut the benchmark interest rate by 25 basis points to 6.75% at the end of today’s meeting, implementing the first cut in more…
Protest songs and petitions, Utrecht organizations fight against budget cuts
Animal pastures, orchestras, schools with school lunches, they are all looking with excitement at the vote next week in the Utrecht council. The municipality has to cut 93 million euros…
Wall Street cautious. ING: Inflation and consumption rising chance of rate cuts
(Finance) – Wall Street continues to trade at the same levels as yesterday, after the key data on American PCE inflation, the Fed’s preferred measure for assessing price trends, which…
This is how low the mortgage interest rate can be – after the Riksbank’s cuts
The Riksbank leaves the interest rate unchanged, but now says that it is seriously starting to plan for reductions, writes Frida Bratt, savings economist at Nordnet. Here she answers three…
5 major banks agree: Forget interest rate cuts this summer
None of the five major banks any longer believes in any rate cut this summer. The Riksbank lowered the policy rate last spring to 3.75 percent, and it was then…