195 new news items in the last 24 hours

30 April 05:53

US-based United Parcel Service (UPS), the world's largest package delivery service provider, has announced it will lay off 20,000 employees to cut costs

Adrian Rusu

main event image

International

Foto: shutterstock.com/ro

The fallout from the trade war sparked by President Donald Trump continues to affect big companies, with drastic new measures announced on Tuesday. UPS announced it would lay off 20,000 employees to cut costs, and General Motors suspended financial estimates and postponed its conference call with investors until Thursday, pending possible trade policy changes.

Sources

Cea mai mare companie de curierat concediază 20.000 de angajați

UPS concediază 20.000 de angajaţi, GM amână apelul pentru investitori, pe fondul haosului economic generat de tarifele impuse de Trump

ȘTIRI PE ACELEAȘI SUBIECTE

International

China and the United States will suspend reciprocal port fees for one year, after the meeting of leaders Xi Jinping and Donald Trump.

International

The trade war between the USA and China overshadows the prospects of the global economy

International

The Trump administration will cut food assistance for 42 million Americans, providing half of the normal allocation due to the budget impasse.

International

The United States will allow the export of Nvidia's H200 processor to China, imposing a 25% tax on sales, marking a change in export policy.

Economy

Tesla has asked suppliers to eliminate components from China for cars intended for the American market, in the context of trade tensions.

International

Banks and merchants in the US are facing a shortage of one-cent coins after Trump's decision to halt production, causing chaos in commerce.

Personalized news feed, AI-powered search, and notifications in a more interactive experience.

ups Redundancies USA

Personalized news feed, AI-powered search, and notifications in a more interactive experience.

app preview

google play badge