International - Page 130

British outsourcing company Capita (CPI.L) announced its intention to trim its global workforce by approximately 900 employees as part of an ongoing effort to reduce costs, primarily focusing on indirect support and

Dubai Taxi Company (DTC) has officially commenced the subscription phase for its forthcoming initial public offering (IPO) on Tuesday. Simultaneously, the company has divulged a pricing range for the IPO, which could

UK-based startup Advanced Electric Machines (AEM) has successfully secured £23 million ($29 million) in Series A funding to accelerate the production of its innovative electric vehicle (EV) motors that are entirely free

Nikola, the electric-truck manufacturer, announced on Friday that its Chief Financial Officer, Anastasiya Pasterick, will be stepping down from her position to pursue new opportunities. This move comes less than a year

Julius Baer (BAER.S) has revised its profit expectations downward, citing valuation adjustments of 82 million Swiss francs ($92.6 million). The Swiss bank disclosed that out of the 82 million francs, 70 million

Sam Altman, who was recently removed as the CEO of OpenAI, is exploring the possibility of returning to the company responsible for the ChatGPT bot. Simultaneously, he is considering launching a new

On Friday, Wall Street’s major indexes experienced marginal gains as investors reflected on recent advances while Federal Reserve comments introduced uncertainty about potential interest rate cuts. Vice Chair for Supervision Michael Barr

Japanese conglomerate Panasonic Holdings (6752.T) announced its intention to divest a portion of its automotive systems business to funds managed by Apollo Global Management, a leading U.S. private equity firm. A memorandum

Alibaba Group’s market value plummeted by approximately $20 billion as it abandoned plans to spin off its cloud business, attributing the decision to uncertainties surrounding U.S. restrictions on chip exports for artificial