Tag: Worldwide

JPMorgan to Hire About 2,000 Engineers Even as Economy Softens

PLANO, Texas—JPMorgan Chase & Co. plans to hire about 2,000 engineers worldwide through the end of the year despite a worsening economy, its global chief information officer, Lori Beer, said on Wednesday. The biggest U.S. lender added a net more than 5,000 software developers and data scientists last year and aims to attract a couple…


Dementia on the Rise Worldwide: An Explainer and Research Roundup

The estimated number of people with dementia is expected to increase to 153 million by 2050 worldwide, compared with an estimated 57 million cases in 2019, according to recent projections published in The Lancet Public Health. In the U.S., dementia cases are expected to double to 10.5 million by 2050, up from 5.3 million in…


US Natgas Volatility Jumps to a Record as Prices Soar Worldwide

Volatility in U.S. natural gas futures jumped to a record on Tuesday on the back of an energy crunch in major world markets that has sent prices soaring globally. Natural gas prices are at record levels in Europe and Asia, as major markets like China struggle to find enough fuel to meet demand that has…


Covestro to Cut up to 10 Percent of Jobs Worldwide—Paper

German chemicals maker Covestro plans to cut up to 1,700 of its 16,500 jobs worldwide, the Rheinische Post newspaper said. In Germany, the maker of foam chemicals and hard plastics could cut up to 950 jobs out of 7,600, the paper said in its report on Thursday, citing trade union circles. Covestro confirmed the figures…


Covestro to Cut up to 10 Percent of Jobs Worldwide

German chemicals maker Covestro plans to cut up to 1,700 of its 16,500 jobs worldwide, the Rheinische Post newspaper said. In Germany, the maker of foam chemicals and hard plastics could cut up to 950 jobs out of 7,600, the paper said in its report on Thursday, citing trade union circles. Covestro confirmed the figures…