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Tech Giants Propel Nasdaq Higher as Dow Jones and S&P 500 Also See Gains

Tech stocks led by Apple and Tesla drove Nasdaq up 0.8%, while Dow Jones and S&P 500 also gained, as…

1 year ago

Launch of “Sustainable Sustainability”– a playbook on marrying profit and purpose

Stewardship Asia Centre (SAC) is pleased to announce that "Sustainable Sustainability: Why ESG Is Not Enough," published by Penguin Random…

2 years ago

IBM cuts 3,900 jobs, misses annual cash target

IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer…

3 years ago

Salesforce to cut 10% of workforce after hiring “too many people”

Salesforce Inc said it plans to cut jobs by 10% and close some offices, after rapid pandemic hiring left it…

3 years ago

EXCLUSIVE EU will not appeal court ruling against $991 mln Qualcomm fine – sources

EU antitrust regulators will not appeal a court ruling scrapping its 997-million-euro ($991 million) fine against U.S. chipmaker Qualcomm (QCOM.O) because it…

3 years ago

India’s digital lending rules spark disruption, firms plan pushback

India's stricter digital lending rules have disrupted card services of foreign-backed fin-tech firms and jeopardised loan offerings of Amazon, prompting…

3 years ago

FedEx missteps fuel contractor’s crusade as pandemic delivery boom fades

Package carrier FedEx Corp (FDX.N) is facing a threat from an unusual source - one of its biggest delivery contractors.

3 years ago

As US eyes new China chip curbs, turmoil looms for global market

Export restrictions being considered by Washington to halt China's advances in semiconductor manufacturing could come at a substantial cost, experts…

3 years ago

U.S. considers crackdown on memory chip makers in China

The United States is considering limiting shipments of American chipmaking equipment to memory chip makers in China including Yangtze Memory…

3 years ago

Amazon teams up with Just Eat on U.S. food delivery with Grubhub investment

Amazon (AMZN.O) has agreed to take a 2% stake in Just Eat Takeaway.com's (TKWY.AS) struggling U.S. meal delivery business Grubhub and will offer its…

3 years ago