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Tag: Staff/Personnel

  • German Economy Shows Signs of Revival

    The German economy may be showing signs of a life after more than half a decade of stagnation.

    Europe’s largest economy has suffered a series of recent blows, including a surge in energy costs after Russia’s full-scale invasion of Ukraine, higher tariffs on its exports to the U.S and fierce competition from China in key sectors such as automobiles.

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    Don Nico Forbes

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  • Rheinmetall Turns to Former Auto Workers to Fuel Hiring Spree

    Germany’s largest arms manufacturer, Rheinmetall RHM -3.85%decrease; red down pointing triangle, expects its sales will be five times as much as they were last year by the end of the decade. A big factor underpinning its confidence—it is being flooded by job applications.

    The company is now looking to draw from a pool of workers laid off by the car industry and other big employers to fill the roles needed for its expansion plans, its head of human resources operations said.

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    Cristina Gallardo

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  • Canada Plans Wider Deficits to Jolt Economy

    OTTAWA—Canada said Tuesday it intends to run wider deficits to finance spending and tax measures aimed at unleashing the massive private-sector investments the economy needs to rebuild amid a protectionist U.S.

    To offset some of the elevated costs, Prime Minister Mark Carney’s government said it would cut the size of the federal public-sector workforce by about 5%, or 16,000 jobs.

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    Paul Vieira

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  • How Venezuela’s Maduro Became Coup-Proof After Years of Military Purges

    For years, Venezuelans fighting to unseat President Nicolás Maduro have hoped the country’s military would do the job for them. But even with a menacing U.S. Navy buildup currently offshore, the strongman is virtually coup-proof.

    The leftist leader has purged officers accused of conspiring against him, jailing and sending them into exile. The vaunted intelligence service of close ally, Cuba, has worked to identify plots and renegades, with intelligence officers placed in every unit.

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    Juan Forero

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  • An AI Wake-Up Call From Walmart’s CEO

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    In the Workplace

    Walmart’s CEO issued an AI wake-up call, saying the technology will wipe out some jobs and reshape the company’s workforce. Doug McMillon’s remarks—which echo those made by leaders at Ford, JPMorgan Chase and Amazon—reflect a rapid shift in how executives discuss the potential human cost of AI.

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