1. PageGroup sees slowdown as companies reluctant to hire
“We continued to see clients deferring hiring decisions and candidates cautious about accepting offers,” PageGroup said.
2. Tesla to cut 10% of jobs globally
Boss Elon Musk told employees in a memo that the board had carried out a “thorough review of the organization and made the difficult decision to reduce our headcount by more than 10% globally".
3. Goldman Sachs smashes Wall Street expectations
Net revenues of $14.21 billion came in 16% higher than a year ago and up 26% on the fourth quarter of last year, also well above the $12.92 billion consensus forecast, per LSEG data.
4. London ‘a great place to list shares’ says Inchcape
The FTSE 250-listed car dealership reaffirmed the company’s commitment to its London listing despite agreeing to sell its UK retail business to a US competitor.
5. FTSE 100 closes lower as oilers weigh
London's FTSE 100 finished 30 points lower, dragged down by oil supermajors.