China-Arab States expo concludes, securing deals valued at $23.4 Billion
Welcome to the China-Arab States Expo 2023, a premier event that serves as a vital platform for fostering economic and cultural ties between China and [more…]
Category: Business
China has recently halted the export of two essential minerals required by global chip manufacturers
The export of minerals in China has recently undergone significant changes, particularly in the context of essential materials required for various industries. In a move [more…]
Amazon faces off against budget retailers Shein and Temu
Amazon, the global e-commerce behemoth, has redefined the way people shop and consume goods in the digital age. Although Amazon has long grappled with competition [more…]
Citigroup issues caution to UK employees regarding potential workforce reductions impacting hundreds of positions
In a memo on Friday, Citigroup has alerted its UK-based workforce to the imminent possibility of job cuts as the bank advances its extensive restructuring [more…]
Ethereum’s, Vitalik Buterin, embarks on a global journey to sustain the cryptocurrency’s vitality amidst increasing regulatory scrutiny in the US
Vitalik Buterin, the visionary behind Ethereum, no longer has a fixed sense of home. Born in Russia and responsible for creating Ethereum in his late [more…]
Qualcomm, the major American semiconductor company, trims its workforce in Shanghai in response to challenging economic conditions
Qualcomm is planning to reduce its workforce at its Shanghai office due to the ongoing technology tensions between the United States and China, as well [more…]
Starting November 1st, Microsoft will commence offering its AI assistant software to its largest clients
Starting from November 1st, Microsoft will offer Microsoft 365 Copilot, an AI companion for core productivity applications like Word and Excel, to large corporate clients. [more…]
Oil prices dip by 1% following a warning from the US Federal Reserve about the possibility of prolonged higher interest rates
On Wednesday, oil prices declined by approximately 1% to reach a one-week low. This drop followed the U.S. Federal Reserve’s decision to keep interest rates [more…]
Amazon intends to bring on board 250,000 employees for the holiday season, while Target plans to increase its workforce by nearly 100,000 during the same period
Amazon unveiled its plan on Tuesday to hire a total of 250,000 workers, both full-time and part-time, for the upcoming holiday season. This announcement represents [more…]
Disney is reportedly engaged in discussions regarding the potential sale of its India television assets, including Disney+ Hotstar
Walt Disney Co. is in early talks with potential buyers for its streaming and television business in India, including Reliance Industries owned by Mukesh Ambani. [more…]