Alibaba’s Cloud Arm to Cut 7% of Staff in Overhaul, Sources Say
Alibaba Group Holding Ltd.’s cloud division has begun a round of job cuts that could reduce its staff
2023-05-23 19:21
Toyota Shares Plunge in Final Minute of Tokyo Trading
Toyota Motor Corp. tumbled in the final minute of trading amid a downturn in the broader Japanese stock
2023-05-23 16:54
Volvo Signs Green Power Deal for Vattenfall Wind Power
Volvo Group signed an agreement to purchase wind power from renewables producer Vattenfall AB in a rare bilateral
2023-05-23 15:54
Bain Targets November for Virgin Australia’s $665 Million IPO
Bain Capital is targeting November to relist Virgin Australia Airlines Pty Ltd. through an initial public offering that
2023-05-23 11:47
Qantas Forecast for Seat Shortage Suggests No End to High Fares
Qantas Airways Ltd. said air-travel demand will outstrip available seats for the foreseeable future, a forecast that suggests
2023-05-23 09:49
Amazon Covid Changes and CEO's Anti-Union Comments Broke Law, Labor Board Alleges
Amazon.com Inc. repeatedly violated federal labor law by unilaterally changing policies and terminating union supporters at its sole
2023-05-23 08:24
How a Billion-Dollar Hong Kong Luxury Tower Highlights Developer Distress
The Corniche was supposed to generate HK$30 billion ($3.8 billion) in sales after the developers bought the land
2023-05-23 07:58
Zoom Raises Annual Sales Forecast in Sign Pandemic-Era Customers Here to Stay
Zoom Video Communications Inc. raised its full-year sales forecast in a positive sign for the software maker’s effort
2023-05-23 04:58
Zelenskiy’s G-7 Visit Bolsters Chances of Japan Election
Volodymyr Zelenskiy’s surprise visit to Japan for the Group of Seven summit in Hiroshima met a warm public
2023-05-22 17:25
Ryanair Beats, M&S at Consumers’ Whim: EMEA Earnings Week Ahead
From low-cost airline Ryanair Holdings Plc to clothing and food chain Marks & Spencer Group Plc, earnings this
2023-05-22 15:50
China Tech Giants Face Final Earnings Check After Upbeat Results Signal Revival
China’s tech behemoths will shed more light on their prospects this week after peers signaled the industry is
2023-05-22 13:54
Ryanair Expects Summer Demand to Drive Profit, Fare Increase
Ryanair Holdings Plc predicted strong demand in the peak summer season will drive a 10% increase in passenger
2023-05-22 13:53