You Searched For "improved macroeconomic conditions" and got 20 results
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2 mins read
Default risks loom for nearly $2 trillion of junk-rated debt as US companies hit with higher interest rates
High interest rates and tight financial conditions mean that huge amounts of risky corporate debt c…
Phil Rosen
2 mins read
Wipro’s revenues fall 2% in Q2, guides for a steeper fall in Q3
Wipro has reported a 2% sequential fall in constant currency revenues for the July-September quar…
3 mins read
India’s smartphone shipments continue to slip but premium segment going strong with Samsung in the lead
India’s smartphone shipments have reported a decline in Q2 2023, making it the fourth consecutive q…
1 min read
Zendesk lays off 320 employees; 8% of workforce
Software-as-a-service (SaaS) platform Zendesk has announced to lay off 8 per cent of its workforce,…
3 mins read
India's growth to moderate to 6.4% in FY24: Asian Development Bank
The Asian Development Bank on Tuesday said India's economic growth is expected to moderate to 6.4 p…
PTI
4 mins read
Real estate market on the boil but homes will still be ‘affordable’ in 2024
Indian home sales are all set to hit a 15-year peak in 2023, with over 3 lakh residential units pur…
2 mins read
India well placed to grow at a 'moderately brisk rate', inflation to ease says a Finance Ministry report
India is well placed to grow at a "moderately brisk rate" in the coming years on the back of macroe…
PTI
2 mins read
Sensex, Nifty finish higher on foreign fund inflows; log 8th day of rally
Equity benchmarks ended higher on Tuesday mainly due to buying in index heavyweights Infosys and Re…
PTI
2 mins read
Google's parent company Alphabet 'prepares' to lay off 10K employees
Alphabet, Google's parent company, is reportedly gearing up to lay off about 10,000 "poor performin…
2 mins read
China's economy is trapped in a downward spiral that authoritarian regimes are doomed to repeat
Like other authoritarian regimes, China's economic development is following a predictable pattern, …
Filip De Mott
1 min read
Healthtech unicorn Innovaccer lays off 245 workers, 2nd job cut in 5 months
Healthtech unicorn Innovaccer has sacked nearly 245 employees, or about 15 per cent of its workforc…
4 mins read
With gold prices hovering at near highs, should you invest in the yellow metal now?
Gold prices have been on a high. Domestically the yellow metal has been trading around Rs 60,000 pe…
2 mins read
Saudi Aramco chief is 'seriously concerned' that a rebound of the global economy will kill off any spare oil capacity
An economic rebound could absorb what little spare oil is out there and deepen the world's energy c…
Jennifer Sor
2 mins read
Meta stock could jump 30% as Mark Zuckerberg sobers up on his metaverse ambitions and focuses on other initiatives, Gene Munster says
"It's as if Zuckerberg is just saying what investors want to hear," Munster said. "What that tells …
Jennifer Sor
2 mins read
A CEO quoted Martin Luther King Jr. in an email to employees announcing layoffs. It did not go over well.
In the email, PagerDuty CEO Jennifer Tejada said the company is eliminating 7% of its global workfo…
Britney Nguyen
4 mins read
How Singtel's stake in Airtel caused Q1 profits to fall 23 per cent
The topsy-turvy impact of holding a 24.5 per cent stake in Airtel came home to the roost as Singte…
ANI
2 mins read
'The recession may be here already': Amazon sees $120 billion in market value wiped out after mixed 3rd-quarter earnings, but Wall Street isn't turning bearish yet
"We still see $69 billion of future profit potential from AWS, advertising and 3rd-Party services t…
Matthew Fox
22 mins read
Amazon CEO Andy Jassy says his letter to shareholders follows one of the toughest economic years in recent memory. Read it in full.
Jassy addressed the company's shareholders on Thursday in the annual letter, saying 2022 had been a…
Sam Tabahriti
3 mins read
How the Fed is reshaping the labor market and why the nature of work is shifting, according to LinkedIn’s principal economist
Insider's Phil Rosen interviews Guy Berger, LinkedIn's principal economist and head of macroeconomi…
Phil Rosen
1 min read
Saudi oil giant Aramco's net income rose by 124% in 2021
The Saudi Aramco announced that its net income in 2021 rose by 124 per cent, reaching $110 billion.…