AI boom draws chip supply from other end-markets, Siltronic CEO saysSiltronic, which makes silicon wafers used in semiconductors, raised its annual sales forecast for the second time this year on Wednesday, ...
Canva to cut about 22% of staff as growth slowdown triggers restructuringAustralian graphic design platform Canva Group said on Wednesday it would cut 1,271 jobs, or about 22% of its workforce, as part of a restr...
Disney weighs sweeping layoffs, with thousands of jobs at risk as CEO Josh D'Amaro targets 20% cost cutsWalt Disney is reportedly considering cutting thousands of jobs as part of a cost-saving restructuring initiative. The company's leadership...
SaaS firm Capillary’s AI platform drives new customer wins, revenue grows 51%Capillary’s aiRA (AI-powered Research Assistant) is an AI agent for enterprise brands that helps connect customer data across platforms and...
Aditya Birla Lifestyle bets on festive demandThe company, which owns brands such as Louis Philippe, Van Heusen, Allen Solly and Peter England, reported flat like-for-like sales growth ...
Manufacturing activity eases in Oct as new order growth dropsManufacturing activity in India experienced a slowdown in October, decreasing from the previous month's growth. Despite this, the sector re...
Garment workers' protests in Bangladesh turn violentThe BNP government has formed a wage board to determine revised pay scales for garment workers. However, protests have continued, potential...
India factory growth slows in October, export orders jump, PMI showsIndia's manufacturing growth slowed in October, with the HSBC Manufacturing PMI falling to 54.7 from 55.1 in September, as domestic demand ...
FPI G-Sec outflows nearly halve to Rs 5,400 crore in OctoberForeign portfolio investors reduced their selling of Indian government securities and equities in October compared to September. Despite th...
Mass brands give liquor companies a hangover"It is difficult to pinpoint the reasons for the slowdown, even in states such as Uttar Pradesh which had recorded strong growth earlier," ...
Intel forecast disappoints as Israel fab blast, PC weakness weighThe guidance could test confidence in a stock that has more than doubled this year, as investors weigh ongoing manufacturing constraints an...
Global FMCG giants find an Indian answer to their Western slowdownGlobal consumer giants including PepsiCo, Nestle, Unilever, Pernod Ricard and Coca-Cola are increasingly looking to India for growth as dem...
Shares in Google owner Alphabet sink on profit miss, ad slowdownAlphabet has witnessed a notable decline in its net profit and advertising revenue for the third quarter, specifically from July to Septemb...
US demand slowdown hits apparel, diamond exporters as factories shut and orders dry upThe apparel industry in Noida is experiencing significant upheaval, with a reduction of operational units from 2,400 to 1,800 in just six m...
World to add less clean energy capacity this year, renewables agency chief saysThe International Renewable Energy Agency predicts a decline in clean energy capacity additions by 2026. This slowdown is largely due to in...
Chinese Communist Party begins key plenum meeting setting stage for Xi's fourth termThe Chinese Communist Party has initiated a crucial plenary session aimed at securing President Xi Jinping's fourth term. The session is se...
Nasdaq CEO flags IPO slowdown amid market volatilityThe IPO market is grappling with hurdles stemming from macroeconomic instability and fluctuating market conditions that are influencing cor...