Goldman Sachs lays off 3,000 staff after calling them for '7.30 a.m. business meetings'
The New York Post reported that Goldman Sachs' CEO David Solomon "e-mailed calendar invites that called targeted employees to phony 'business meetings' at its New York headquarters" last week.
Jan 18, 2023, 08:06 AM IST
Apple CEO Tim Cook takes 40% pay cut for FY 2023
For 2023, Cook’s compensation target was set at $49 million, more than 40% lower than his 2022 pay. Apple made the changes after 64% of shareholders approved Cook’s pay package at its annual meeting
Jan 13, 2023, 09:26 AM IST
World's richest person Bernard Arnault appoints daughter to run Dior
The 47-year-old joined the family business in 2000 after two years at the management consultancy firm McKinsey and studying at the London School of Economics. She joined the LVMH board in 2003 -
Jan 12, 2023, 08:29 AM IST
Inspired by movie 'Office Space', engineer steals $300K from e-commerce site
The 1999 film depicts office workers stealing small sums of money by infecting their company's banking system with a virus to retaliate against corporate downsizing and terrible bosses.
Jan 09, 2023, 10:27 AM IST
Walmart may have to pay $1 bn tax on PhonePe shift to India: Reports
According to reports, citing sources aware of developments, the tax is the result of PhonePe's relocation and it's rising valuation, after Walmart took majority share in it.
Jan 05, 2023, 09:15 AM IST
More job cuts in Amazon, CEO confirms around 18,000 employees to be laid off this year
The Amazon CEO said in a statement that they were not done with the annual planning process as earlier mentioned, and "I expected there would be more role reductions in early 2023".
Jan 05, 2023, 08:24 AM IST
Mark Zuckerberg shares photo with pregnant wife, says ‘love coming in 2023’
Mark and Priscilla are already parents to two daughters -- August (5) and Maxima (6).In September 2022, the couple announced that they are expecting their third child.
Jan 02, 2023, 10:46 AM IST
THIS country govt is offering one-year paid leave to its employees to start their business ventures - Details Inside
Those emiratis who opt to take the sabbatical one-year leave for starting their business ventures will receive half of their salaries during the entire period. It is to be noted that the project is
Dec 30, 2022, 17:59 PM IST
Lionel Messi's face to be put on Argentina bank notes after leading team to FIFA World Cup 2022 win?
“Capturing Lionel Messi's face on the thousand-peso bill, since it is important for officials that the figure begins with a '10',” wrote El Financiero, first reported regarding Messi's face featuring
Dec 22, 2022, 09:11 AM IST
Why is lemon demand surging astronomically in China as Covid-19 infection hike across country?
However, covid cases have risen phenomenally in the world’s most populous country after the abolition of zero-covid policy across the country.
Dec 20, 2022, 19:23 PM IST
US Inflation slows down further in November - Details Inside
The report, which also showed underlying inflation posting its smallest monthly gain in more than a year, was published as officials at the U.S. central bank were gathering for their final two-day
Dec 13, 2022, 20:59 PM IST
Former FTX CEO Sam Bankman-Fried arrested in the Bahamas
Bankman-Fried had been under criminal investigation by the two countries following the collapse last month of FTX. The firm filed for bankruptcy on November 11, when it ran out of money after the
Dec 13, 2022, 08:00 AM IST
World's oldest pair of pants sold at WHOPPING cost in auction; Read INTERESTING history of Gold-rush era artifact
The Gold Rush-era artifacts bagged the price of $114,000 in the auction, making it one of the costliest artifacts. There is some debate as to whether they are related to the man who is regarded as
Dec 12, 2022, 13:30 PM IST
Russia welcomes India's decision to not support G7's price cap on Russian oil
Russian Deputy Prime Minister welcomed India`s decision not to support the price cap on Russian oil, which was imposed on December 5 by the G7 countries and their allies.
Dec 11, 2022, 12:42 PM IST
Morgan Stanley lays off about 1,600 employees
The company has about 81,567 employees and the layoffs will touch "nearly every corner of the global investment bank".
Dec 07, 2022, 15:32 PM IST
Russia rejects West-imposed oil price cap; says to respond soon
Russia has repeatedly said it will not supply oil to countries that implement the cap - a stance reaffirmed by Mikhail Ulyanov, Moscow's ambassador to international organisations in Vienna, in posts
Dec 04, 2022, 08:58 AM IST
G7, Allied countries agree to put PRICE CAP on Russian oil; It can't sell more than THIS per barrel
It said the move aims to "support stability in global energy markets and to minimise negative economic spillovers of Russia`s war of aggression, especially on low-and middle-income countries, who
Dec 03, 2022, 09:18 AM IST
Where is Jack Ma? Reports say Alibaba founder living in THIS country after crackdown by China
Jack Ma, 58, has largely disappeared from public view since he criticised the Chinese regulators in 2020, accusing the state-run banks of having a pawnshop mentality. and calling for bold new players
Nov 30, 2022, 07:55 AM IST
Remember Alibaba founder Jack Ma? Know where is Chinese billionaire who 'disappeared' after China's crackdown
Jack Ma who ran into trouble with the Chinese government over violating anti-monopoly regulations and kept a low profile since 2020.
Nov 29, 2022, 20:51 PM IST
Sign of recession? WTO report says strong headwinds to slowdown global trade growth in 2023
The latest World Trade Organization Goods Trade Barometer showed that the current Goods Trade Barometer index reading is 96.2.
Nov 29, 2022, 12:41 PM IST
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