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Sony to cut about 900 jobs in its PlayStation unit as layoffs in technology, gaming sector continue
Sony will cut about 900 jobs in its PlayStation division, or about 8% of its global workforce, becoming the latest company in the technology and gaming sector to announce...
Ryanair May Increase Fares, Cut Summer Schedule | Entrepreneur
European discount airline Ryanair is the latest air carrier that's feeling the effects of the mass groundings and inspections of Boeing airplanes.On Friday, Ryanair CEO Michael O'Leary said during...
Vietnam’s VinFast seeks India EV import duty cut as plant construction starts
VIETNAMESE electric-vehicle maker VinFast has asked India to reduce import duties on its cars for about two years so customers can get familiar with its products while a local...
Bosch to cut around 6% of jobs at home appliance division
BSH Hausgeraete, the home appliance division of automotive supplier Bosch, will cut around 3,500 jobs, or about 6 per cent of its workforce, by 2027, its CEO Matthias Metz...
Oil ends lower, posts weekly decline as US rate cut hopes dim
OIL prices fell nearly 3 per cent lower on Friday (Feb 23) and posted a weekly decline after a US central bank policymaker indicated interest rate cuts could be...
US: Wall St opens lower as early rate cut hopes fade; Walmart perks up
WALL Street’s main indexes opened lower on Tuesday (Feb 20) as dwindling hopes for early interest rate cuts weighed on investor sentiment even as Walmart kicked off the earnings...
US dollar keeps a grip on 150 yen; China cut leaves yuan unruffled
THE greenback traded above 150 yen for a sixth day on Tuesday (Feb 20), as investors grew less certain that Japan’s era of ultra-low rates will end any time...
Brokers’ take: Analysts cut Elite Commercial Reit targets after factoring in vacancies, lower payout ratio
ANALYSTS have shaved their target prices on Elite Commercial Reit after the real estate investment trust (Reit) posted a 40.9 per cent drop in distribution per unit (DPU) for...
