Tag: Business Cloud
Netflix Laid Off 150 Employees
For the first time in a decade, the streaming giant Netflix has lost subscribers as it has cut 2 percent of its staff. Thus,...
G7 Countries Determined to Rein in Rising Inflation
According to German Finance Minister Christian Lindner, the Group of Seven (G7) countries are resolved to get inflation under control. Speaking at a news...
Bangladeshi Entrepreneur Built Maldives’s First Agricultural School
Ahmed Mottaki, a Bangladeshi entrepreneur, has established the Maldives' first "School of Agriculture" at MI College, an international educational institution. This is the Maldives'...
McDonald’s Permanently Exiting in Russia
America's fast-food behemoth McDonald's began selling its hundreds of outlets in Russia, joining a growing list of Western corporations abandoning the Russian market due...
New Sri Lanka PM Selling Airlines
Sri Lanka's new administration intends to sell the national airline to reduce losses for stabilizing the country's finances, even though the government is compelled...
Reliance To Purchase Dozens of Brands For $6.5bn
Reliance, India's largest retailer, plans to buy a few brands of non-food products, including dozens of grocery stores, soon. The company plans to open...
Alibaba Laid Off 40% Russian workers
Alibaba Group has laid off 40 percent of its workers as the Ukraine crisis has disrupted cross-border trade. In addition, AliExpress, a joint venture...
Toyota Suspending Production at Eight Factories in Japan
Toyota is suspending 14 production lines at eight factories in Japan. The prolonged COVID-19 lockdown in Shanghai, China, has made it difficult for the...
Would Elon Musk Reverse Twitter’s Ban of Donald Trump?
If Tesla CEO Elon Musk follows through on his intention to buy Twitter, the social media company's permanent ban on former President Donald Trump...
Warhol’s Marilyn Portrait Sold For World Record $195m
The famous 1964 silk-screen picture of Marilyn Monroe by pop artist Andy Warhol has sold for $195 million, making it the most expensive 20th-century...