Economy – Page 48 – Arab Daily Digital

Cisco Set to Cut Thousands of Jobs

Cisco did not comment on the potential job cuts….reports Asian Lite News Global networking giant Cisco is reportedly geared up to lay off “thousands” of employees next week, as the company pivots

11 February 2024

Business·Economy·India News

Blissclub Cuts 18% of Employees

Direct-to-consumer (D2C) startup Blissclub has laid off nearly 21 employees, or 18 per cent of its workforce, to cut costs. However, the number of impacted employees at the fashion apparel startup could

11 February 2024

Business·Economy·India News

Time vs. Money: Which Holds Greater Value?

If 100,000 startups and 125 Unicorns opted for a nine-hour workday with breaks for lunch and tea, India’s path to a $5 trillion economy might have been different.”…writes Pavan Kaushik When Infosys

11 February 2024

Business·Economy·India News

Microsoft becomes most valuable company ever

The company’s market value topped the previous record set by Apple…reports Asian Lite News Microsoft ended the week with a market capitalisation of $3.125 trillion, the highest for any company ever, Barron’s

10 February 2024

-Top News·Business·Economy

Over 100 Arab ministers to play key role in WGS 2024

The World Governments Summit 2024 will witness the participation of more than 100 ministers from Arab countries…reports Asian Lite News Arab ministers and governmental delegations are expected to play a significant role

9 February 2024

-Top News·Arab News·Economy

Disney to invest $1.5 bn in Epic Games

This marks Disney’s biggest entry ever into the world of games and offers significant opportunities for growth and expansion..reports Asian Lite News Entertainment giant Disney has said that it will invest $1.5

9 February 2024

Business·Economy·India News

Job Cuts at Grammarly

The layoffs affected the head of brand design, head of human insights and 17 software engineers, according to a state filing…reports Asian Lite News Popular AI-based writing assistant Grammarly is laying off

9 February 2024

Business·Economy·Tech Lite

Freshworks Sees 20% Revenue Surge

Total revenue was $160.1 million in Q4, representing growth of 20 per cent compared to the fourth quarter of 2022….reports Asian Lite News Software major Freshworks has reported 20 per cent growth

9 February 2024

Business·Economy·India News

Dubai’s non-oil trade hits Dh2T ahead of deadline

Dubai Ruler credited the record accomplishment to the strategic initiatives, policies, and reforms implemented since the onset of the pandemic…reports Asian Lite News Dubai has exceeded its annual non-oil foreign trade target

7 February 2024

-Top News·Dubai·Economy

Kunal Shah’s CRED acquires Kuvera

The total acquisition cost has not been disclosed by the startup….reports Asian Lite News Credit Card bill payment leader CRED on Tuesday announced the acquisition of the online wealth management platform Kuvera

7 February 2024

Business·Economy·India News

Economy - Page 48