Business

Chip giant Arm set to axe 15% of its staff after deal fails

UK computer chip designer Arm Holdings has said it plans to cut up to 15% of its workforce. The redundancies have emerged just a month...

IMF: Ukraine economy could shrink as much as 35%

The Ukrainian economy could shrink by more than a third this year if the war with Russia continues, the International Monetary Fund said. The global...

Putin changes law on leased jets to keep them flying

Russia has implemented a new law making it harder for foreign aircraft leasing companies to repossess their planes in the face of Western sanctions. The...

Energy boss: US gas exports can ‘easily’ replace Russian

The global energy market has been suddenly upended by Russia's invasion of Ukraine, but one energy boss says the US could step in and...

Ukraine crisis: US warns China against helping Russia

The US says China will face harsh "consequences" if it aids Russia in its invasion of Ukraine, according to US media reports. Unnamed officials reportedly...

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