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Six in ten Britons believe they will have less money to spend over the Christmas period than last year, according to a survey published on Monday, adding to evidence that a thrifty festive season beckons. The survey from Deloitte found 38% plan to switch to cheaper brands or stores to …

Garment and textile, seafood and woodwork production has slowed down as orders have dried up amid high inflation in some key export markets. “I’m a bit worried and focusing on obtaining orders,” Pham Quang Anh, founder and CEO of Dony Garment Company, said. His company is focusing on the domestic …

Meta Platforms Inc is planning to begin large-scale layoffs this week that will affect thousands of employees, the Wall Street Journal reported on Sunday citing people familiar with the matter, with an announcement planned as early as Wednesday. Meta declined to comment on the WSJ report. Facebook parent Meta in …