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Deloitte is now looking at AI to help avoid mass layoffs in future

Deloitte LLP is using AI to evaluate existing staffers' skills and map out plans that would shift employees away from quieter parts of the business and into roles that are more in demand

Zee directors lose vote as clock ticks down on Sony deal deadline

Independent directors Sasha Mirchandani and Vivek Mehra "failed to get the requisite majority of votes," the company said in an exchange filing

Elon Musk brands 'diversity, equity and inclusion' as 'propaganda words'

The billionaire is chief executive officer and the largest shareholder of Tesla, the electric-vehicle maker which has boasted that underrepresented groups make up the majority of its US workforce

Is the West abandoning Ukraine? Prez Volodymyr Zelenskiy's tough week

France and Germany and others let it be known showing up wouldn't be a good idea, according to people familiar with the discussion, who spoke on condition of anonymity

Addicted to Disney: Why former executives find it hard to stay away

In his book, The Hero's Farewell: What Happens When CEOs Retire, Yale University professor Jeffrey Sonnenfeld chronicled several personality types who find it hard to leave

Royal Enfield faces fresh challenge from Harley in India's biker paradise

Like Triumph, US giant Harley-Davidson Inc. is also renewing efforts in India, where Royal Enfield is revered to a similar extent as Harley is in the US

Don't rush to join Fed pivot: IMF chief Georgieva to central banks

She indicated that her advice applied to the case of the Bank of Korea, after she met with Governor Rhee Chang-yong

Hungary blocks European Union aid for Ukraine after membership talks nod

EU leaders will reconvene for a second day of their summit meeting on Friday with several topics on the agenda, including the conflict between Israel and Hamas

People's Bank of China offers record $112 bn of cash as economy struggles

China's economy has struggled this year as a rebound from restrictive Covid Zero policies proved to be weaker than expected and the property crisis deepened

Tesla autopilot recall threatens its defence in lawsuits over crashes

An increased threat of losses for Tesla in Autopilot litigation could embolden others to challenge the technology in court and force the company to pay compensatory damages

Banking scion Vishal Kampani eyes hiring push to meet dealmaking boom

The Mumbai-listed company is seeking to hire at least seven senior investment bankers in the coming year for sectors such as industrials and digital technology

China's central bank injects $112 bn of cash to revive economic growth

The People's Bank of China offered commercial lenders 1.45 trillion yuan ($204 billion) via its medium-term lending facility - 800 billion yuan more than the expected maturity this month

President Biden urges Israeli caution as leaders eye 'lower-intensity' war

Biden has delivered increasingly urgent appeals to Israel to exercise restraint in its Gaza offensive following Hamas's Oct. 7 attack

Janet Yellen to visit China again in 2024, to focus on 'difficult' topics

Yellen emphasized the importance of using her exchanges with China to gather information about the world's second-largest economy

Why large consumer brands have a lot at stake in Disney, Sony deals

The first of these two transactions may come as early as Monday and would see Walt Disney Co. enter into a non-bidding agreement with Mukesh Ambani to merge their media businesses in the country

Go Air troubles mount as billionaire-backed Indian airline nears collapse

Chief Executive Officer Kaushik Khona quit at the end of November, saying he couldn't get the carrier flying again and that staff hadn't been paid for six months

Bank of England holds rates with warning of 'way to go' on inflation

The UK central bank's decision contrasted with the US Fed's admission last night that reductions were on the agenda, reiterating that BOE policy will be "sufficiently restrictive" for long

European Central Bank holds rates as inflation cools but hastens bond exit

The deposit rate was left at a record 4% with the ECB reiterating that this level will make a "substantial contribution" to returning consumer-price growth to its 2% goal

China's Country Garden prevents worsening of debt crisis with payment

The distressed builder's onshore unit, Country Garden Real Estate Group Co., repaid in full $111 million bond with a put option that expired Wednesday, it said in a filing

Russian President Putin vows victory in war as West wavers on Ukraine

Putin is holding the news conference for the first time since he ordered the February 2022 invasion of Ukraine