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Spotify cuts 17% of jobs as economic growth slows

STOCKHOLM: Music streaming giant Spotify said on Monday it would reduce the number of its employees by around 17 percent in a bid to cut costs amid dramatically slower economic growth. ....

United Kingdom , York Stock Exchange , New York Stock Exchange , Terms Of Service , Manila Times ,

VATT: Increase and concentration of capital gains has increased inequality in Finland

The tax reform of 1993, which established a separate flat tax rate for capital income, is behind the growing income inequality in Finland, according to scientists at VATT Institute for Economic Research. ....

Aleksi Teivainen , Institute For Fiscal , Deaton Review , London Based Institute ,

Finance minister nominee vows aggressive push for market-driven reforms

Finance minister nominee Choi Sang-mok vowed, Tuesday, to aggressively pursue market-driven reforms through innovation and deregulation, stressing the need for Korea to turn into a dynamic economy in the midst of an accelerated growth slowdown and persistently high inflation. ....

South Korea , Soult Ukpyolsi , Yoon Suk Yeol , National Assembly , Korea Inclusive Finance Agency , Choi Sang Mok , President Park Geun Hye , Statistics Korea , South Korea , He Korea Times , Orea Times , Orean News In English ,

Korea, EU agree to boost cooperation on supply chains, economic security

Korea and the European Union (EU) agreed Tuesday to deepen bilateral cooperation on the supply chains of batteries, semiconductors and other advanced industries, Seoul s industry ministry said. ....

New York , United States , Soult Ukpyolsi , South Korea , Yoon Suk Yeol , Jang Young Jin , Kerstin Jorna , Carbon Free Alliance , Korea Chamber , European Union , First Vice Industry Minister Jang Young Jin , Free Alliance , President Yoon Suk Yeol , South Korea , He Korea Times , Orea Times , Orean News In English ,

Climate vulnerability, underfunding could undo economic gains

DUBAI: Overlooking Botswana’s climate vulnerability and needs could be detrimental to the country’s adaptation plans as well as its overall economic status, Finance Minister Peggy Serame has told the COP28 meeting. ....

Al Hamnduo , Alioune Ndoje , Level Panel On Strengthening Loss , Africa Adaptation Acceleration Programme , Damage Fund , International Development Research Centre , Green Growth Division , African Development Bank Af , United Nations Environment Themed , Development Bank , Climate Change , Nationally Determined Contributions , Senegalese Minister , High Level Panel , Strengthening Loss , Damage Response Capacity ,