Business News from Wednesday, October 14th, 2026
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Netflix cuts about 6% of jobs in biggest layoff since 2022, WSJ reports
Netflix is cutting about 6 per cent of its workforce, or roughly 1,000 jobs, in its biggest round of layoffs since 2022, the Wall Street Journal reported on Wednesday, citing an email sent to employees.
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UAE launches public-run government authorityA new government authority will be run on a rotating basis by members of the public, under a resolution issued on Wednesday.
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H.H. Sheikh Hamdan congratulates Emirati 'leaders of tomorrow' at special ceremonyHis Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has congratulated 30 UAE nationals for completing the Mohammed bin Rashid Leadership Development Programme.
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Dubai's Al Satwa Roundabout turns into signalised intersectionDubai’s Roads and Transport Authority (RTA) has converted Al Satwa Roundabout to a signalised intersection to cut travel time between key corridors by 50 per cent and reduce traffic queues by up to 60 per cent during peak hours.
