Business – Page 147 – Arab Daily Digital

‘Recession is underway’

If layoffs accelerate in the next few months, a recession “will be underway”, the report said…reports Asian Lite News A recession in 2023 appears inevitable and layoffs in tech and finance will

30 March 2023

Business·World News

Alibaba unveils split-up plans

The report also mentioned that the company sees the creation of the six businesses as a way to be more agile….reports Asian Lite News Chinese tech giant Alibaba on Tuesday said that

30 March 2023

Business·China·Economy

Giants succumb to layoff trend

To date, tech firms based or with operations in Washington have announced more than 32,000 job cuts…reports Asian Lite News Microsoft has laid off 559 employees from its Bellevue and Redmond in

29 March 2023

Business·Technology·World News

‘India set to be largest civil aviation market’

Union Civil Aviation Minister Scindia emphasised that the Central government was no longer a regulator but a facilitator and partner to the industry…reports Asian Lite News Union Civil Aviation Minister Jyotiraditya Scindia

29 March 2023

Business·India News·Travel

OPPO, Vivo, Xiaomi join hands for data migration

Google Drive service is unavailable on handsets sold in the mainland Chinese market and most users in China rely on third-party data transfer apps….reports Asian Lite News Three Chinese technology brands, OPPO,

28 March 2023

Business·India News

SUN Mobility and Zomato tie-up for EV

The move is aligned with Zomato’s commitment to “The Climate Group’s EV100 initiative that implies 100 per cent EV adoption by 2030″…reports Asian Lite News SUN Mobility on Monday said it has

28 March 2023

Business·India News

Xiaomi India to upskill transgender community

The partnership aims to upskill 100 transgender persons across Delhi, Mumbai, and Bengaluru…reports Asian Lite News Leading smartphone and smart TV brand Xiaomi India on Friday announced a collaboration with the United

28 March 2023

Business·India News

Microsoft-Activision deal under scanner

New evidence provisionally alleviates concerns in relation to supply of gaming consoles in the UK….reports Asian Lite News The UK’s Competition and Markets Authority (CMA) on Friday sided with Microsoft over concerns

28 March 2023

Business·UK News

‘Global economy at risk from Banking turmoil’

IMF chief said it was clear that risks to financial stability had increased after the recent collapse of Silicon Valley Bank and the Swiss-government brokered rescue of Credit Suisse by UBS…reports Asian

28 March 2023

Business·Economy·World News

Uncertainty to dominate last week of financial year’s trading

It must be noted at this point, that Wednesday would be the last trading day for the current financial year 2022-23, and trading on Friday the 31st March would be accounted for

27 March 2023

Business

Business - Page 147