Alibaba’s Cloud Unit To Cut 7% Of Staff – Bloomberg News
(Reuters) – Alibaba Group Holding Ltd’s cloud unit has started a round of job cuts that could slash its staff…
May 23, 2023
Warner Bros Discovery relaunches HBO Max streamer as ‘Max’ in bid for broader audience
By Helen Coster and Dawn Chmielewski NEW YORK (Reuters) – When the HBO Max streaming service relaunches on Tuesday as…
Marketmind: Fed hawks re-emerge, dollar pumped
A look at the day ahead in U.S. and global markets from Mike Dolan Amid all the hand-wringing over the…
Exclusive – Vietnam’s No Va Land in talks with Credit Suisse, others to restructure debt – source
By Phuong Nguyen and Francesco Guarascio HANOI (Reuters) – Vietnamese property giant No Va Land Investment Group Corp is in…
TikTok sues Montana after state bans app
By David Shepardson WASHINGTON (Reuters) -TikTok Inc on Monday filed a lawsuit challenging the state of Montana’s new ban on…
Euro zone business growth solid in May but shows signs of easing -flash PMI
By Jonathan Cable LONDON (Reuters) -Euro zone business growth remained resilient but slowed slightly more than thought this month as…
Chinese Money Pours Into Japan-focused Funds, Triggering Risk Warnings
SHANGHAI (Reuters) – Chinese money is pouring into Japan-focused stock funds as the Nikkei hits 33-year highs, triggering repeated warnings…
Chinese money pours into Japan-focused funds, triggering risk warnings
SHANGHAI (Reuters) – Chinese money is pouring into Japan-focused stock funds as the Nikkei hits 33-year highs, triggering repeated warnings…
IMF mission starts review of Ukraine’s new loan program
By Olena Harmash KYIV (Reuters) – An International Monetary Fund mission started work on Tuesday on the first review of…
World Bank seeks grants, new capital to fight global crises
By Karen Lema MANILA (Reuters) – The World Bank will press for more grants and new capital from member countries,…