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
S&P 500 seen dipping between now and year-end: Reuters poll
By Caroline Valetkevitch NEW YORK The S&P 500 index of U.S. shares will slip marginally between now and
2023-05-23 19:16
IMF no longer expects UK recession this year
The United Kingdom will no longer top the ranks of worst performing rich economies this year, according to the International Monetary Fund (IMF), which announced a major revision Tuesday to its previous gloomy forecast.
2023-05-23 18:46
Futures inch lower as debt ceiling talks make little progress
Wall Street futures inched lower on Tuesday as another round of high-level talks to raise the U.S. debt
2023-05-23 18:27
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
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
World Bank seeks grants, new capital to fight global crises
By Karen Lema MANILA The World Bank will press for more grants and new capital from member countries,
2023-05-23 17:24
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