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European Stock Indices Close Mixed Following ECB Rate Cut

London: European stock indices closed mixed at the end of Thursday’s trading, after the European Central Bank’s decision to cut interest rates to 2.5 percent.

According to Qatar News Agency, the European Stoxx 600 index ended trading down 0.03 point…

Germany’s Deutsche Post to Cut 8,000 Jobs Citing High Costs

Berlin: German postal company Deutsche Post announced on Thursday that it will cut 8,000 jobs by the end of the year, citing high costs.

According to Qatar News Agency, the cuts will affect about 4% of the domestic letter and parcel division’s 187,0…