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Elon Musk plans to eliminate 3,700 jobs at Twitter to cut costs: Reports

Musk also intends to reverse the company's existing work-from-anywhere policy, asking remaining employees to report to offices -- though some exceptions could be made, the people said

Investors shed $7 billion off Credit Suisse Saudi backer over stake deal

Investors have wiped about $7 billion off Saudi National Bank's market value amid growing concern over the lender's plans to purchase a stake in Credit Suisse Group AG

India's taxes on crypto transactions may 'kill the industry': Binance CEO

Binance Holding CEO Zhao "CZ" Changpeng said India's onerous taxes on cryptocurrency transactions will probably "kill the industry"

Qualcomm gives downbeat forecast as Covid-19 lockdown affect phone market

Qualcomm Inc., the biggest maker of smartphone processors, tumbled in pre-market trading after giving a far weaker forecast than expected, punished by the economic slowdown and Covid-19 lockdowns

Jeff Bezos sued by former housekeeper over racial bias, long hours

Mercedes Wedaa, who joined the billionaire Amazon.com Inc. founder's staff in September 2019, sometimes worked 10 to 14 hours a day and supervised a team of five to six housekeepers

RBI's MPC to explain first inflation miss since 2016 to government today

This is the first time the Reserve Bank of India is writing such a letter after the country switched to a flexible inflation-targeting regime and formed a committee in 2016 to set interest rates

Iphone supply chain hit by Xi Jinping's stringent Coronavirus curbs

The abrupt move is expected to disrupt a factory already grappling with an outcry over an on-site coronavirus outbreak, worker exodus and enforced quarantine

Elon Musk aims to start charging for Twitter verification from next week

The badges will be part of an $8-a-month subscription that could go live as early as Monday, according to people familiar with the plans.

Bankers take to streets with megaphones, enlist grocers to lure customers

Rising loan demand from companies and consumers has pushed annual credit growth to a decade high of 17.95% as of October, compared to a five-year average of 9.7%

How a mysterious screenshot spurred $450-billion rally in China

The screenshot claimed that China's No. 4 official, Wang Huning, held a meeting on Sunday of Covid-19 experts at the request of President Xi Jinping

India considers capital infusion, merger of loss-making lender IFCI

IFCI has reported annual losses for at least four straight years to March 31, 2022 and has lost more than 17% of market capitalization in the past year

Fed hikes rate again by 75 basis points, hints at entering end phase

On Wednesday, US Fedral Bank increased repo rate by 75 basis points, taking the key repo rate to 4 per cent

China orders seven-day lockdown in area around world's largest iPhone plant

The abrupt action reflects Beijing's Covid Zero approach to stamping out outbreaks, and is likely to further disrupt Foxconn's main operations base.

Rohan Murty wants to use data to make white-collar workers more efficient

The startup, based both in Boston and Bangalore, gets a real-time view of how people in teams get work done by using machine learning

America's best restaurant Chai Pani pays homage to India's fave snack food

Very few Indians know their favorite snack has an American connection, and it's a safe bet that even fewer Americans know their country's contribution to Indian street food

Twitter global sales VP leaves company after Elon Musk's takeover

Musk, who acquired the company for $44 billion last week, is moving swiftly to thin the executive ranks as he looks to reshape the company to conform with his own vision.

As China-US ties worsen, Hong Kong bankers fear for their careers

The defiant tone President Xi Jinping took toward the US got those hardworking financiers scared.

Genetically modified mustard seeds may fix India's cooking oil imbalance

New Delhi has given environmental clearance to a genetically modified mustard crop, which promises to boost yields by as much as 28%

'It is unacceptable': Investors react to 40-minute Toronto Exchange Outage

A 40-minute outage across three stock exchanges stalled equity trading in Canada, leaving some investors frustrated and others refusing to place orders even after it reopened.

Tata Group plans to add up to 45,000 workers at iPhone parts plant

The plant in the industrial town of Hosur, in Tamil Nadu state, will hire as many as 45,000 women workers within 18 to 24 months as it sets up new production lines