World / Countries / MNCs
Tech major Apple recently previewed Apple Jing’an, located near Jing’an Temple and Jing’an Park in Shanghai, giving Chinese consumers a new option to buy the devices. more
Cosmetic major The BodyShop ceases US operations and shuts down 33 stores in Canada

UK-based cosmetic brand The Body Shop, which recently filed for bankruptcy, will cease its operation in the US and will shut down several stores in Canada.

Japanese Nikon to acquire US movie camera manufacturer RED Digital Cinema

Japanese camera maker Nikon Corporation (Nikon) on Thursday announced it has agreed to acquire high-end US movie camera manufacturer RED Digital Cinema.

OpenAI founder Sam Altman's net worth reaches $2 billion: Reports

Sam Altman, the Founder and CEO of OpenAI, saw his net worth reach $2 billion according to the Bloomberg Billionaire Index. However, it's noteworthy that despite his leadership in the ...

Sony to axe 900 employees in PlayStation division

Electronics major Sony on Tuesday announced the company will lay off 900 employees in its PlayStation division.

Nike decides to reduce 1600 employees

US sportswear giant Nike is planning to slash 1,600 people, which comprises 2 percent of its workforce, media reports said.

Tech major Cisco to layoff 5 percent of workforce

IT major Cisco on Wednesday announced its plan to lay off 5 percent of its global workforce.

The Body Shop collapses into administration in UK, over 2000 jobs are now at risk

Cosmetic chain The Body Shop has collapsed into administration in the UK, leaving more than 2,200 jobs at risk.

US department store chain Macy's to slash 2,350 jobs

US department store chain Macy's is laying off around 3.5 percent of its workforce and even planning to shut down five of its stores.

As India surges ahead in digital payments, US plays catch-up

Gene Bradford opens up his shop, West Main Auto Repair, each morning at 8 a.m in Lexington, Georgia (USA). He’s lived in the small, close-knit community of Oglethorpe County for yea ...