Logitech Announces Major Global Reorganization, Lays off 300 Employees
Swiss technology company Logitech has reportedly laid off 300 employees amidst a challenging global macroeconomic environment....
Toshiba agrees to buyout proposal led by Japan Industrial Partners
The board of Toshiba Corp has reportedly accepted a buyout offer from a consortium led by...
Banking turmoil not over yet: Man Group CEO predicts more failures
The CEO of Man Group, Luke Ellis, has expressed concerns over the ongoing banking turmoil following...
CBI Claims Vijay Mallya Purchased Properties Worth ₹330 Crore During Airline Turmoil
According to a supplementary chargesheet filed by the Central Bureau of Investigation (CBI), Vijay Mallya, a...
Nike’s Q3 Revenue Increases by 14% YoY to $12.39 Billion
On Tuesday, Nike, the multinational company that produces apparel and sports equipment published its financial results...
GameStop Surges in After-Hours Trading on Better-than-Expected Results
GameStop Corp., the American video game developer and retailer, experienced a surge in stock prices during...
EU antitrust regulators investigate suspected cartel activity in energy drinks industry
On Tuesday, the European Commission reported that it conducted raids on a company operating in the...
Swiss Government Halts Bonus Payments for Credit Suisse Employees
The Swiss government has directed Credit Suisse to halt temporarily the payment of bonuses to its...
Mercedes-Benz site searched by authorities over corruption allegations
German prosecutors are investigating two employees of Mercedes-Benz for suspected corruption, and searches were conducted last...
Gamers’ Lawsuit Against Microsoft’s $69 Billion Activision Acquisition Dismissed
On Monday, Microsoft Corporation (MSFT.O) won a dismissal of a private consumer antitrust lawsuit over its...