News

Jaguar Land Rover to layoff thousands of jobs in $2.3 billion cost-saving overhaul

The luxury carmaker is targeting £1.7 billion ($2.3 billion) in savings as it faces Chinese competition, a cyberattack and U.S. tariffs.

CNBC World - 2026-09-07 08:00:56

Japan's foreign reserves drop by a record $80 billion in August following yen intervention

REAL25.F

Finance ministry data showed that Japan's official foreign reserves stand at $1.207 trillion, down from July's figure of $1.287 trillion.

CNBC World - 2026-09-07 07:38:42

CNBC Daily Open: Germany's right wins, Ukraine's stalemate and air travel incidents

Germany's right-wing party makes historic gains, Trump's envoys make little progress in Russia or Ukraine, and air travel is disrupted across the globe.

CNBC World - 2026-09-07 06:35:37

China pulls in Big Tobacco to help with smaller-than-expected finance-industry capital injections

FISI

With a bigger capital cushion, financial institutions may also be asked to do more to mobilize resources in capital markets, analysts say.

CNBC World - 2026-09-07 06:27:53
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Cost of living on many minds ahead of Manx election

Residents, businesses and charities are focused on the economy ahead of the general election.

BBC Business - 2026-09-07 05:46:34

Israel-Hezbollah clashes deepen threat to fragile truce as Lebanon's president calls for U.S. support

Lebanese President Joseph Aoun called on the U.S. to help stop Israeli attacks after Sunday strikes killed at least seven people.

CNBC World - 2026-09-07 05:15:44
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More funding needed to boost construction jobs for young people, housing boss says

Recent analysis showed the construction sector needs an extra 2,200 workers a year to meet demand.

BBC Business - 2026-09-07 05:05:24

Treasurys are losing foreign appeal in a historic capital flow reversal — and here's one trade investors favor instead

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U.S. bonds are losing their appeal among overseas investors in what strategists say is a historic capital reversal.

CNBC World - 2026-09-07 05:00:01
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How long could you manage on £3 of food a day?

It wants people to experience what it is like for people facing food insecurity.

BBC Business - 2026-09-07 04:57:53
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Australians will be able to switch off social media algorithms under planned legislation

Firms like Meta, Google and TikTok should face "substantial" penalties if they don't give the option, minister says.

BBC Business - 2026-09-07 03:40:09

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