Business
Citigroup plans to significantly expand its wealth management operations in Asia through a major recruitment drive, according to the company’s global head of wealth management, Andy Sieg. The U.S.-based financial institution is focusing a large portion of its global hiring strategy on Asia, where......
Shares of Workday rose sharply on Friday after the company reported stronger-than-expected quarterly results, helping to ease investor concerns about potential disruption from artificial intelligence competitors. The California-based software firm exceeded analysts’ estimates for both revenue......
Shareholders of French retail giant Carrefour are expected to approve a third term for Chief Executive Officer Alexandre Bompard during the company’s annual general meeting. Bompard, who has led the supermarket group since 2017, is widely credited with steering Carrefour through a period of transformation......
European aerospace giant Airbus has officially launched the construction of a new major defense and digital technology campus in the Greater Paris region, marking a significant investment in France’s strategic industrial capabilities. The future “Campus Grand Paris,” located in Montigny-le-Bretonneux......
Indian cement manufacturer JSW Cement reported a significant increase in quarterly profit, supported by stronger market demand and improved activity in the country’s construction sector. The company announced that its consolidated net profit for the quarter ending March 31 rose sharply compared......
British pub operator Mitchells & Butlers has reported slower sales growth in recent weeks as cautious consumers continue to limit spending amid ongoing economic pressures in the United Kingdom. The company stated that like-for-like sales growth weakened during the second quarter as well as in the......
French video game publisher Ubisoft Entertainment has warned investors of another difficult year ahead, following a record financial loss that highlights ongoing challenges in the global gaming industry. The company reported a significant operating loss for the 2025–2026 fiscal year, marking one......
A U.S. federal appeals court has ruled in favor of Amazon.com, rejecting allegations that the company knowingly facilitated tariff evasion on products sold through its platform. The case was brought forward by Henig Furs, a U.S.-based business, which accused Amazon of allowing foreign manufacturers......
James Murdoch, through his investment company Lupa Systems, has agreed to acquire three major divisions of digital media group Vox Media in a deal that strengthens his position in the evolving media and technology landscape. The acquisition includes well-known assets such as New York Magazine, a leading......
Samsung Electronics and its main labor union reached a provisional agreement that halted a planned large-scale strike involving tens of thousands of workers. The agreement was concluded after direct government involvement in negotiations that intensified following a breakdown in earlier talks. The strike,......
Southwest Airlines has announced plans to significantly expand its newly established global capability centre in India, aiming to grow its workforce to around 1,000 employees over the next few years, according to a senior company executive. The hub, located in Hyderabad, marks the airline’s first......
Italian labor unions have claimed a major success following a one-day strike organized at facilities belonging to Kering, one of the world’s leading luxury companies. According to union representatives, participation rates ranged between 70% and 100% at several sites across Italy. The protest......
Indian beauty and fashion retailer Nykaa has requested a court in New Delhi to include Meta in an ongoing copyright dispute involving media company Zee Entertainment Enterprises. The legal conflict centers on the alleged use of copyrighted music in promotional Instagram reels published by Nykaa. Zee......
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