March 8, 2023

“Year of Efficiency” for META with Mass Layoffs

Insights Meta CEO Mark Zuckerberg is promoting 2023 as the “Year of Efficiency”. Thousands of employees may be impacted by Meta’s upcoming round of layoffs, according […]
March 1, 2023

Giant HSBC sees quarterly profit nearly double.

Insights Banking giant HSBC says its quarterly profit has almost doubled, boosted by rising interest rates around the world. The London-based firm reported profit before tax […]
February 23, 2023

Mercedes-Benz delivers robust full year results in 2022

Insights Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia’s invasion of Ukraine. Profits hit $39.9 billion […]
February 15, 2023

Shell 2022 profits more than double to record $40 Billion

Insights Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia’s invasion of Ukraine. Profits hit $39.9 billion […]
February 8, 2023

Exxon Mobil Vaults to Record Annual Profit of $55.7 Billion

Insights Exxon Mobil posted a $56 billion profit for 2022, the company said on Tuesday, and setting not only a company record but a historic high […]
February 2, 2023

Intel’s ‘historic collapse’ erases $8 billion from market value

Insights Microprocessor giant Intel Corp (INTC.O) has stumbled badly at a time when smaller rival AMD and others are picking up speed. It says it will […]
January 26, 2023

Google to Cut 12,000 Jobs in 6% Slash to Global Workforce

Insights The chief executive officer of the Qatar Investment Authority (QIA) pointed out that the sovereign wealth fund supports Elon Musk’s vision for Twitter Inc., despite […]
January 18, 2023

Elon Musk Wins Vote of Support From Qatar Amid Twitter Turmoil

Insights The chief executive officer of the Qatar Investment Authority (QIA) pointed out that the sovereign wealth fund supports Elon Musk’s vision for Twitter Inc., despite […]
January 10, 2023

Goldman Sachs to Start Cutting About 3,200 Jobs

Insights Goldman Sachs Group Inc. is embarking on one of its biggest rounds of job cuts ever as it locks in on a plan to start […]

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