Singapore-based Crypto.com to cut global workforce by 20%
The layoffs at Crypto.com would be its second in about six months, after it cut 260 jobs in July last year to weather the macro economic downturn amid rising interest rates.
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Beijing seen shifting stance over control over IT giants
Beijing had levied fines and sanctions against China's IT giants over a two-year period, but shifted its stance due to a perceived slowdown in the national economy.
Top 10 most competitive listed companies in China
Renowned alcohol brand, Kweichow Moutai, tops the list which was jointly released by the Institute of Chinese Enterprise Development and Guotai Junan Securities.
China targets cosmetics makers amid fears of technology transfer
According to several sources, the authorities require cosmetic companies to register all the raw ingredients used in cosmetic products by the end of April 2023.
No plan to launch IPO, Ant Group says
The remarks came after Ant said in a statement that no shareholder, alone or jointly with other parties, will have control over the company, as part of its broader push to further…
McDonald’s Japan to raise prices for 3rd time in less than a year
The company cited soaring costs for materials, labor, transportation and electricity.
Samsung CEO braces for rough year
In times of hardship, Han Jong-hee said, Samsung has always stuck to the simple truth to always focused on the fundamental values.
Google ‘to challenge antitrust ruling at India’s top court’
The Competition Commission of India had fined the Alphabet Inc unit $161 million for exploiting its dominant position in the market for Android in October 2022.
Hyundai, Kia US sales fall 1 % amid chip shortage in 2022
Hyundai and Kia sold a total of 1.47 million vehicles in the world's most important automobile market last year, down from 1.49 million units the previous year.
Samsung pins high hopes on heightened connectivity among devices
Currently, a total of 13 brands are joining the Samsung-led alliance with 2.3 billion users around the world.