• Reuters

    Finland's Metso to cut 240 jobs in minerals business

    Finland's Metso on Monday said it plans to restructure its minerals equipments business, leading it to cut about 240 positions globally. The layoffs include both permanent and temporary layoffs with up to 90 positions being cut in Finland, the company said in a statement. "The planned measures will address the changes in the market environment that are driven by, for example, an increasing emphasis on strategic minerals that support the energy transition," Metso said.

  • The Independent

    Jak Jones vs Kyren Wilson LIVE: World Snooker Championship final score and updates from day two

    Jak Jones faces Kyren Wilson in the final at the Crucible as both players look to land a first major title

  • Reuters

    Futures edge higher on rate-cut bets

    The benchmark S&P 500 and the blue-chip Dow closed at three-week highs on Friday after data showed U.S. job growth slowed more than expected in April, taking pressure off the U.S. central bank to keep rates higher for longer. Traders are currently pricing in rate cuts worth 48 basis points from the Fed by the end of 2024, with the first cut seen either in September or November, according to LSEG's rate probability app. The Fed last week left interest rates unchanged and signaled it was leaning toward eventual reductions in borrowing costs, but repeated that it wants to gain "greater confidence" that inflation will continue to fall before cutting rates.