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Canada's Shopify Inc is laying off 10% of its workforce, the e-commerce company said on Tuesday, as it struggles with s...
07/26/2022

Canada's Shopify Inc is laying off 10% of its workforce, the e-commerce company said on Tuesday, as it struggles with sales growth due to a post-pandemic slowdown in online shopping.
U.S.-listed shares fell 14.7% to $31.29 after the company said it witnessed a pullback in online orders.

Toyota Motor Corp will not unilaterally press its suppliers for lower prices for the second half of its fiscal year and...
07/25/2022

Toyota Motor Corp will not unilaterally press its suppliers for lower prices for the second half of its fiscal year and is also considering supporting their energy bills, an executive said on Monday.

Wizz Air expects to have to cut flights this summer due to labour shortages and strikes at European airports, the budget...
07/11/2022

Wizz Air expects to have to cut flights this summer due to labour shortages and strikes at European airports, the budget airline said on Monday, sending its shares down around 5%.

Shares in Persimmon (LON:PSN) dropped on Thursday after the British homebuilder warned of a downturn in the volume of ne...
07/07/2022

Shares in Persimmon (LON:PSN) dropped on Thursday after the British homebuilder warned of a downturn in the volume of new houses delivered in the first half of the year.

The U.S. manufacturing sector slowed again in June as demand weakened against a backdrop of high prices and continued co...
07/06/2022

The U.S. manufacturing sector slowed again in June as demand weakened against a backdrop of high prices and continued constraints on production, the Institute for Supply Management said on Friday.

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