DBS Bank Discloses Exposure to Adani Group Worth Nearly $1 Billion
DBS Group Holdings, Singapore’s biggest lender, holds a total of S$1.3 billion ($976 million) exposure to the Adani Group, S$1...
Global shares stabilize, dollar strengthens before release of U.S. inflation data
On Monday, global shares stabilized while the US dollar strengthened in anticipation of the US inflation data that could influence...
Companies set to release their Q4 2022 earnings reports from February 13th to 17th
This article provides information on upcoming earnings reports from various companies for the fiscal quarter ending in December 2022. This...
Bed Bath & Beyond: shutting down Canadian operations, cites financial woes
Bed Bath & Beyond's Canadian operations have filed for bankruptcy, as they are insolvent and lack the financial resources to...
Yahoo to downsize workforce by 20%, close parts of ad tech business
According to a report from Axios, Yahoo, the Bay Area tech conglomerate owned by Apollo Global Management, plans to reduce...
Facebook Parent Meta Delays Budgets, Announces Further Layoffs
Facebook's parent company, Meta Platforms Inc, is reportedly postponing the finalisation of several teams' budgets as it prepares for another...
Hong Kong Launches Campaign to Revive Tourism with 500,000 Free Airline Tickets in 2023
Hong Kong's government is giving away half a million free airline tickets in an effort to boost tourism and attract...
Alibaba Says Goodbye to India with Sale of Entire Paytm Stake
Alibaba has completely exited the Indian market with its recent sale of its entire stake in Paytm. The company sold...
Adidas CEO Faced with Over $1.3 Billion of Unsold Yeezy Inventory
Adidas, the German sneaker company, has experienced a decline in its shares after warning about a €1.2 billion surplus of...
Disney CEO Bob Iger Open to New Opportunities, Including Selling Hulu
Disney's CEO, Bob Iger, stated in an interview with CNBC that he is considering the option of selling Hulu instead...