South African factory workers protested against the dismissal of foreign employees, arguing their skills are vital for businesses and job security for locals.
South African factory workers protested against the dismissal of foreign employees, arguing their skills are vital for businesses and job security for locals.
European Central Bank policymakers look increasingly likely to cut interest rates again on Thursday, with US President Donald Trump's stop-start tariff announcements sowing concern in the eurozone. The central bank has made six quarter-point cuts since June last year as inflation has fallen, bringing its benchmark deposit rate down to 2.5 percent from four percent.
Chip developer Advanced Micro Devices (AMD) on Wednesday said it expects new US licensing requirements for semiconductors exported to China to cost it as much as $800 million. AMD said in the filing that it "expects to apply for (export) licenses but there is no assurance that licenses will be granted."
Meta chief executive Mark Zuckerberg on Wednesday denied in court that his company bought rival services Instagram and WhatsApp to neutralize them, as his testimony in a landmark antitrust case came to a close.
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