Yen Stabilizes Near Lows as Japan Signals Readiness to Intervene Amid Dollar Weakness 
IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding 
EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks 
Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization 
Oil Prices Ease in Asia as Geopolitical Risks Clash With Weak Demand Outlook 
South Korea Central Bank Warns of Rising Financial Stability Risks Amid Won Volatility 
U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise 
RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist 
Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs 
German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025 
U.S. Stock Futures Rise Ahead of Holiday-Shortened Week as AI Optimism Lifts Tech 
Gold Prices Surge to Record Highs as Geopolitical Tensions Fuel Safe-Haven Demand 
Oil Prices Climb in Asian Trade as Venezuela Sanctions and Middle East Tensions Fuel Risk Premium 
Russia Stocks End Flat as Energy Shares Support MOEX Index 
Japan Signals Possible Yen Intervention as Currency Weakens Despite BOJ Rate Hike 
Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts 
Coca-Cola Co joined a list of big US companies laying off thousands of workers after reporting a 28 percent slump in sales last month due to the effects of the pandemic.
The company was offering voluntary redundancy to 4,000 workers in the US, Canada, and Puerto Rico and would offer similar deals in other markets, while signaling that more layoffs were likely.
According to the company, the voluntary program is expected to cut the number of involuntary separations, adding that it would incur expenses of about $350 million to $550 million in global severance programs.
Coca-Cola also intends to halve the number of its operating units from the current 17 to nine under four geographical segments.
The company took a hit from closures of cinemas, restaurants, and bars where it usually sells heavily.
Shares in the company rose by about one percent in early trading.
Among US companies that would cut thousands of jobs were United Airlines Holdings Inc, which would reduce cut pilot jobs by about 21 percent due to a slump in air travel.
Oilfield services giant Schlumberger NV and Cosmetics maker Estee Lauder Cos Inc have in recent weeks announced plans to cut thousands of jobs.
