Business - Page 7

China 'confident' of hitting economic goals
China 'confident' of hitting economic goals

China ‘confident’ of hitting economic goals

Beijing has disappointed investors who were hoping for an announcement of more stimulus measures. Analysts say its 5% growth goal for 2024 is highly optimistic. China on Tuesday expressed certainty it could meet its
3 days ago
Reddit valued at $6.4 billion in Wall Street IPO
Reddit valued at $6.4 billion in Wall Street IPO

Reddit valued at $6.4 billion in Wall Street IPO

US-based social media platform Reddit makes its debut on the New York stock market exchange, after the first big tech IPO in years. American social media company Redditmakes its trading debut on
7 months ago
IMF initially agrees to disburse $1.1 billion to Pakistan
IMF initially agrees to disburse $1.1 billion to Pakistan

IMF initially agrees to disburse $1.1 billion to Pakistan

The sum is the final tranche of a $3 billion rescue-package Islamabad had secured last summer. The newly-elected administration of the South Asian cash-strapped country is already seeking another IMF loan. The International
7 months ago
Workers leave after an extraordinary works council at the Van Hool bus assembly plant, in Lier, Monday 11 March 2024. The dismissal of part of the 2,500 employees may be announced there. The Flemish government is considering possible additional support for bus builder Van Hool, an extension of the government guarantee or a participation in the capital is on the table. BELGA PHOTO ERIC LALMAND

Restructuring at Van Hool is largest collective redundancy announced in six years

The bus manufacturer is facing financial difficulties and today announced it will cut more than 1,100 jobs over the next few years. It is the largest such announcement in the private sector
7 months ago
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