Tag: #pushes

Emerging Markets

Renewed Houthi Siege on Taiz Pushes Hospital Healthcare Systems to the Brink of Collapse

Saturday, October 24, 2026 | 06:57

TAIZ, Yemen — The hum of the dialysis machine inside the Republican Hospital in Taiz was a fragile sound, masking a deepening crisis that threatens hundreds of lives. It was approaching 10:30 in the morning when the equipment began filtering excess fluids, toxins, and accumulated salts from the blood of 16-year-old Omar Mukhtar Hammoud. The […]

Corporate Earnings

Volvo Cars to Cut 2,500 Jobs as Sharp Decline in China and US Market Pressures Pushes Automaker to Heavy Third-Quarter Loss

Saturday, October 24, 2026 | 06:50

Volvo Cars announced on Friday that it plans to eliminate 2,500 jobs globally, with the vast majority of the reductions concentrated in its home country of Sweden, following a severe third-quarter financial downturn driven primarily by a sharp collapse in its Chinese market. The Swedish automaker, which is owned by China’s Geely Holding, reported a […]