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Business

Bisleri Calls Off Deal with Tata, Founder’s Daughter Jayanti Chauhan to Head the Company

INDIA: The mineral water company Bisleri, which has become a household name, recently made a deal with Tata Consumer Products Ltd. (TCPL) earlier this year....

Volkswagen in Trouble: Russian Court Freezes Automaker’s All Assets in the Nation 

RUSSIA: A Russian court froze all assets of Volkswagen (VOWG_p.DE) in Russia on Monday, documents from the court showed. Many foreign carmakers, including Volkswagen, stopped...

UBS agrees ‘Emergency Rescue’ of Its Troubled Rival Credit Suisse 

SWITZERLAND: Struggling bank Credit Suisse has been rescued by its Swiss competitor UBS in a deal backed by the government. Sunday's announcement followed a weekend...

SVB UK Employees Receive Millions in Compensation, Days after the £1 Rescue

UNITED KINGDOM: According to reports, the UK division of the defunct Silicon Valley Bank (SVB) gave out millions of pounds in bonuses just days after...

Twitch CEO Emmett Shear Steps Down after 16 Years; Turns Focus on Family

UNITED STATES: Emmett Shear, the CEO and one of the founding members of Twitch, the world's leading game streaming platform, has stepped down from...

Japan Battles to Convince Its Major Brands to Join Military Buildout

JAPAN: Tokyo is expanding its defence sector to get ready for the country's biggest military expansion since World War II. However, some of Japan's best-known...

New Zealand’s December Quarter GDP Falls by 0.6%, Worse Than Expected

NEW ZEALAND: With its gross domestic product declining by 0.6% in the most recent quarter, New Zealand's economy is contracting amid predictions of an...

Meta Announces Job Cuts: 10,000 Employees to be Sacked in the Year of Efficiency

UNITED STATES: Meta, the parent company of Facebook, is set to reduce its workforce by around 10,000 employees through several job cuts in the...

Jeet Adani Exchanged Rings with Diamond Trader’s Daughter Diva Jaimin Shah

INDIA: Renowned business tycoon Gautam Adani’s son, Jeet Adani, got engaged to a diamond trader’s daughter, Diva Jaimin Shah, on March 12. However, the...

SVB’s Collapse Could Force Central Banks to Stop Interest Rate Hikes

UNITED STATES: The world's most powerful central banks may stop increasing interest rates following the Silicon Valley crisis amid expanding signs of financial stress...

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