Google’s cost-cutting measures reach China, employees face layoffs
Google has announced a new round of layoffs in China, affecting senior and high-paying employees as...
Indian-American Admits to Nearly $20 Million Fraud Scheme in US
Nikesh Ajay Patel, a 38-year-old Indian-American, has pleaded guilty to charges related to a nearly USD...
Carlsberg CEO to step down after successfully overseeing Russia exit
Carlsberg's CEO, Cees 't Hart, will retire at the end of September 2023 after the company's...
Swiss National Bank Reports Record $141.54 billion Losses in 2022
The Swiss National Bank, headquartered in Bern and Zurich, has reported a significant annual loss of...
Meta Platforms and Google Challenge South Korean Fine for Illegal Data Collection
Media reports indicate that Meta Platforms and Google are currently taking legal action against an order...
Arm, owned by SoftBank, aiming for $8 billion in upcoming U.S. IPO, say insiders
Arm Ltd, the British chip designer owned by SoftBank Group Corp, is planning a major initial...
The Mundra Maneuver: Adani’s $1 Billion Debt that Persists
The Mundra power plant is a prime example of the concerns surrounding Gautam Adani's business practices....
Adani Group Faces Pressure to Meet $2 Billion Debt Repayment in 2024
The Adani Group, known for its rapid expansion mostly fueled by debt, is facing the repayment...
ECB President Lagarde Confirms Half-Point Rate Hike for March
Christine Lagarde, the President of the European Central Bank, has indicated that the bank is likely...
The windfall from war: Oil companies $200 billion profits draw criticism
In 2022, oil companies reported record profits of $200 billion as oil prices skyrocketed, resulting in...