Microsoft Corp said on Thursday it had trimmed its workforce across geographies and teams as it entered a new fiscal year from July 1. REUTERS: Microsoft Corp said on Thursday it had trimmed its workforce across geographies and teams as it entered a new fiscal year from July 1. The […]
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German automaker Volkswagen AG expects a slight growth in China’s premium car segment this year despite a slide in broader market sales, a senior executive said. BEIJING: German automaker Volkswagen AG expects a slight growth in China’s premium car segment this year despite a slide in broader market sales, a […]
In the wake of the Wirecard accounting scandal, exchange operator Deutsche Boerse said on Thursday it was proposing rules to enable it to quickly expel companies from the leading DAX index if those firms file for insolvency. FRANKFURT: In the wake of the Wirecard accounting scandal, exchange operator Deutsche Boerse […]
Microsoft Corp said on Thursday it had trimmed its workforce across geographies and teams as it entered a new fiscal year from July 1. REUTERS: Microsoft Corp said on Thursday it had trimmed its workforce across geographies and teams as it entered a new fiscal year from July 1. The […]
The dollar held onto gains against most currencies as worries that a resurgence in the coronavirus is starting to curb economic activity drew safe-haven flows into the U.S. currency. TOKYO: The dollar held onto gains against most currencies as worries that a resurgence in the coronavirus is starting to curb […]
REUTERS: Netflix Inc on Thursday elevated its content chief Ted Sarandos to co-CEO, making the 20-year veteran of the pioneering streaming video service a clear successor to co-founder Reed Hastings. The promotion came as Netflix forecast its subscriber growth during the coronavirus pandemic would slow even more than Wall Street […]
REUTERS: Twitter had stepped up its search for a chief information security officer in recent weeks, two people familiar with the effort told Reuters, before the breach of high-profile accounts on Wednesday raised alarms about the platform’s security. The FBI’s San Francisco division is leading an inquiry into the Twitter […]
The former head of a key subsidiary of Wirecard, who was arrested earlier this month, has admitted wrongdoing to prosecutors for his role in a multi-billion-euros fraud, his lawyer said on Thursday. MUNICH: The former head of a key subsidiary of Wirecard, who was arrested earlier this month, has admitted […]
Travel company TUI will offer travellers free coronavirus insurance starting this weekend, a German media group reported on Friday. FRANKFURT: Travel company TUI will offer travellers free coronavirus insurance starting this weekend, a German media group reported on Friday. The head of TUI in Germany, Marek Andryszak, told the newspapers […]
NEW YORK: New York Governor Andrew Cuomo on Thursday (Jul 16) announced an investment program that would allocate US$750 million to build charging stations and other electric-vehicle infrastructure as part of the state’s long-term goal to reduce emissions. The measure is set to create more than 50,000 charging stations and […]