New wave of layoffs at Goldman Sachs
Goldman Sachs is laying off 125 executive directors globally.
Goldman Sachs is preparing for a new wave of layoffs.
Goldman Sachs has begun laying off general...
The most valuable chip manufacturer prepares to invest in Europe
Chip manufacturer Nvidia, which has joined the club of companies that has reached a value of $ 1 trillion with the artificial intelligence rally,...
US$ 9.2 billion loan to Ford-SK On joint venture
The US Department of Energy has announced that it will provide a joint venture of automaker Ford and South Korean battery manufacturer SK On...
US chip maker Micron to invest in India
US microchip maker Micron Technologies has announced that it will invest up to $825 million to build a new semiconductor assembly and test facility...
Beko buys two subsidiaries of Whirlpool
It has been announced that Beko will buy Whirlpool's two subsidiaries in the Middle East and North Africa (MENA) region for 20 million euros.
In...
4,000 shop workers at H&M Spain go on strike
Around 4,000 employees of the world-famous Swedish clothing store H&M in Spain went on strike on the first day of the discount season, on...
FTC sues Amazon for ‘unauthorized subscription’
The U.S. Federal Trade Commission has sued e-commerce giant Amazon for registering its Prime service without the consent of consumers, making it difficult for...
Layoff at Uber
Transportation network company Uber Technologies has reportedly cut 200 employees from its recruiting team due to cost savings.
In a memo sent to the personnel...
Hyundai raises electric vehicle investment target
South Korea-based automaker Hyundai has announced that it has increased its investment target for electrification to about $28 billion (35.8 trillion South Korean won)...
Elon Musk plans to invest in India
Tesla CEO Elon Musk said he wants to invest in India "as soon as possible".
Elon Musk said Tesla is likely to make a significant...