Alibaba unveils split-up plans
The report also mentioned that the company sees the creation of the six businesses as a way to be more agile….reports Asian
‘Global economy at risk from Banking turmoil’
IMF chief said it was clear that risks to financial stability had increased after the recent collapse of Silicon Valley Bank and
Qatar-based Al-Abdullah Group bets big on Kabira Mobility
In line with its growth strategy, Kabira Mobility is intensifying and reinforcing its dedication to innovation and investing in research and development
Renault Nissan inks deal with Kamarajar Port
The Renault Nissan Alliance was the first car manufacturer in the region to commence exports of cars through Kamarajar Port….reports Asian Lite
Swiss banking giant UBS to buy Credit Suisse
The combination is expected to create a business with more than $5 trillion in total invested assets and sustainable value opportunities…reports Asian
Banking fears spread across global markets
Shares of embattled Swiss lender Credit Suisse were down by more than 20 per cent after its biggest shareholder chose not to
Al Marri: UAE supports efforts for economic integration
The Minister of Economy added that the UAE reinforced its ability to serve as a strategic partner to India by establishing itself
Bank failures hammer global crypto market
Two crypto-friendly banks Silvergate Capital and Signature Bank collapsed last week, and billions of dollars belonging to crypto exchanges got stuck….reports Asian
Job cuts to hit education sector
Edtech companies laid off most employees, with 18 edtech startups firing more than 8,200 workers…reports Asian Lite News Top chief financial officers
Amazon in a cost cutting blitz
Amazon recently laid off 18,000 employees among its corporate workforce, after cutting a number of employees in November last year…reports Asian Lite