Amazon plans to slowdown hiring & windup products, services
American eCommerce giant, Amazon Inc has reportedly decided to temporarily stop hiring in certain businesses and departments as part of...
Credit Suisse crisis plan – Raise Capital, Layoffs & Focus on wealthy clients
According to the latest reports coming from the banking sector, international investment bank and financial institution, Credit Suisse is planning...
Meta Platforms: Earnings & revenue decline for 2nd consecutive quarter
The parent company of Facebook, Meta, on Wednesday, published quarterly earnings report for the third quarter which ended on September...
AIIB should invest more in social infrastructure – FM Nirmala Sitharaman
Finance Minister of India, Nirmala Sitharaman, on Wednesday, asked Asian Infrastructure Investment Bank (AIIB) to increase the investment of the...
Turkey in huge trouble? Central bank raises inflation projections AGAIN
Central Bank of the Republic of Turkey on Thursday raised the inflation forecast for the current financial year from 60.4...
Inflation in Australia touches 32-year high level; RBA to continue aggressive rate hike policy
Australia is moving towards an acute economic crisis day by day as inflation in the country touched a 32-year-high level...
Walmart backed Flipkart plans to raise $3 billion at valuation of $40 billion
Latest media reports suggest that Indian e-commerce firm Flipkart is planning to raise 2 to 3 billion dollars to expand...
Japan Industrial Partners planning to buy Toshiba Corp at a valuation of $16 billion
Bloomberg News on Tuesday reported that a business consortium led by Japan Industrial Partners is planning to acquire Toshiba Corp...
Adidas terminates Kanye West partnership with immediate effect
International sporting brand Adidas on Tuesday announced that the company has decided to terminate its partnership with Kanye West immediately....
Rishi Sunak elected as next Prime Minister of the United Kingdom
Amidst political and economic turmoil in the island nation, Former Chief of Treasury, Rishi Sunak will become the next Prime...