Logitech Announces Major Global Reorganization, Lays off 300 Employees Indrajeet Giram·March 23, 2023Swiss technology company Logitech has reportedly laid off 300 employees amidst a challenging global macroeconomic environment. The maker...Markets·0 Comments·0
Toshiba agrees to buyout proposal led by Japan Industrial Partners Indrajeet Giram·March 23, 2023The board of Toshiba Corp has reportedly accepted a buyout offer from a consortium led by Japan Industrial...Markets·0 Comments·0
Banking turmoil not over yet: Man Group CEO predicts more failures Indrajeet Giram·March 23, 2023The CEO of Man Group, Luke Ellis, has expressed concerns over the ongoing banking turmoil following the collapse...Markets·0 Comments·0
CBI Claims Vijay Mallya Purchased Properties Worth ₹330 Crore During Airline Turmoil Indrajeet Giram·March 23, 2023According to a supplementary chargesheet filed by the Central Bureau of Investigation (CBI), Vijay Mallya, a beleaguered businessman...Markets·0 Comments·0
EU antitrust regulators investigate suspected cartel activity in energy drinks industry Indrajeet Giram·March 22, 2023On Tuesday, the European Commission reported that it conducted raids on a company operating in the energy drinks...Markets·0 Comments·0
Swiss Government Halts Bonus Payments for Credit Suisse Employees Indrajeet Giram·March 22, 2023The Swiss government has directed Credit Suisse to halt temporarily the payment of bonuses to its workforce, following...Markets·0 Comments·0
Mercedes-Benz site searched by authorities over corruption allegations Indrajeet Giram·March 22, 2023German prosecutors are investigating two employees of Mercedes-Benz for suspected corruption, and searches were conducted last week at...Markets·0 Comments·0
Gamers’ Lawsuit Against Microsoft’s $69 Billion Activision Acquisition Dismissed Indrajeet Giram·March 22, 2023On Monday, Microsoft Corporation (MSFT.O) won a dismissal of a private consumer antitrust lawsuit over its proposed acquisition...Markets·0 Comments·0
Moody’s downgrades outlook for UBS following Credit Suisse acquisition Indrajeet Giram·March 21, 2023Moody’s, the credit rating agency, recently made an announcement on Tuesday confirming the credit ratings of UBS Group...Markets·0 Comments·0
Virgin Orbit’s insolvency planning signals financial turbulence Indrajeet Giram·March 21, 2023Virgin Orbit Holdings Inc, a company that specializes in satellite launches, has reportedly started preparing detailed contingency plans...Markets·0 Comments·0