Alibaba’s Cloud Arm to Cut 7% of Staff in Overhaul, Sources Say
Alibaba Group Holding Ltd.’s cloud division has begun a round of job cuts that could reduce its staff
2023-05-23 19:18
IMF Says UK Economy Will Grow Faster Than Germany This Year
The UK economy will grow faster than Germany this year and avoid a recession, the International Monetary Fund
2023-05-23 17:58
Chinese money pours into Japan-focused funds, triggering risk warnings
SHANGHAI Chinese money is pouring into Japan-focused stock funds as the Nikkei hits 33-year highs, triggering repeated warnings
2023-05-23 17:53
Yelp Soars Most Since August on Report of Activist Call for Sale
Yelp Inc. shares are on track to rise the most since August following a Wall Street Journal report
2023-05-23 17:28
London-Based Startup Builder.ai Raises $250 Million
Builder.ai, an artificial intelligence company based in London, has raised $250 million in a funding round led by
2023-05-23 17:21
Fed Rate Path Hinges on Trade-Off Between Stable Banks or Prices
Federal Reserve policymakers are increasingly grappling with a critical question: How much should they weigh the adverse impact
2023-05-23 17:15
Indian Banks Are Set for a Profit Boost on Bank Notes Withdrawal
A key metric of profitability for Indian banks, lending margins, is set to get a boost as the
2023-05-23 16:58
UK Service Firms Report Fastest Rise in Costs in Three Months
Britain’s service-sector companies reported the fastest increase in cost pressures in three months, the latest sign that the
2023-05-23 16:55
Toyota Shares Plunge in Final Minute of Tokyo Trading
Toyota Motor Corp. tumbled in the final minute of trading amid a downturn in the broader Japanese stock
2023-05-23 16:54
Greek Politicians Speed-Up the Process to Hold a New Election
Greece’s leading political candidates are accelerating the process to call a new election — the second in about
2023-05-23 16:47
Saudi Oil Minister Tells Speculators to ‘Watch Out’: Qatar Forum
Saudi Arabia’s top energy official issued another warning to oil short-sellers, just over a week before the OPEC+
2023-05-23 16:45
GQG’s Jain Raises Adani Stake by About 10% for $3.5 Billion Bet
Veteran investor Rajiv Jain’s GQG Partners LLC has raised its stake in billionaire Gautam Adani’s conglomerate by about
2023-05-23 16:28