Walmart to cutback hundreds of workers at its facilities across the U.S.

Walmart, retail frontrunner with supermarket chains across the U.S., has reportedly planned to cut back hundreds of workers at its e-commerce facilities throughout the United States, as the big-box corporation along with other retailers get....

Deeploi raises $3.1M in seed round; Seeks to strengthen offerings

Deeploi, an IT-as-a-Service platform based in Germany, has reportedly secured USD 3.1 million in a seed capital round headed by Cherry Ventures based in Berlin, with involvement from a consortium of angels including Moss, Taktile, sennder f....

Silver Lake-CPP Investments acquire Qualtrics in $12.5Bn all-cash deal

Qualtrics, a well-known name in the field of software technology, has announced that it will be taken over by Silver Lake, in collaboration with the Canada Pension Plan Investment Board, also known as CPP Investments. Post the transaction, ....

Korea’s Sulwhasoo inks partnership deal with MET to preserve K-culture

Sulwhasoo, a luxury skincare division of the South Korean beauty company Amorepacific, reportedly announced that it had partnered with the Metropolitan Museum of Art in order to carry out various joint projects, comprising the preservation ....

Starbucks illegally fires 6 workers over union fight, NLRB judge rules

Starbucks, the renowned U.S.-based coffeehouse chain, unlawfully fired six employees in New York state in retaliation for labor unions, according to a ruling issued by the U.S. National Labor Relations Board (NLRB) judge. Reportedly....

Consumer prices in Singapore rises 5.5% in Jan due to Chinese New Year

Singapore's consumer prices reportedly increased more quickly in January this year as a result of the Chinese New Year expenditure and the recently implemented higher goods and services tax (GST). Core inflation, which excludes the p....

Australia’s green hydrogen sector at risk over huge policy aid in the U.S.

Australia's natural clean energy advantage in the drive to establish a green hydrogen economy is reportedly at risk of being swamped by massive and aggressive policy aid in the Middle East and the U.S., according to Guy Debelle of Forte....

Boeing to cut 2000 staff as it focuses on product and tech development

Boeing, the U.S.-based aircraft manufacturer, has reportedly announced to cut nearly 2000 employees from the HR and finance department this year as it has put more focus on manufacturing and engineering. Apparently, the move comes as the....

Adani stock to nosedive hitting $107B, marking biggest wipeout in history

Indian business magnate, Gautam Adani’s corporation has reportedly lost more than US$107 billion within a week, marking one of the largest blowouts in history. This move is following an astonishing report by short-seller Hindenburg Re....

U.S. Chipmaker Intel expects loss in Q1 amid a bleak outlook for PC market

Intel, the U.S.-based semiconductor manufacturer, reportedly informed shareholders on Thursday that it anticipates losing money in this quarter due to a worse-than-estimated forecast for the PC (personal computer) market and sluggish growth....

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