LiveHoneywell to Pay $1.3 Bn to Resolve Asbestos-Related Claims
On Friday, Honeywell International Inc (NASDAQ:HON) said that it would pay USD 1.3 billion to end asbestos-related claims emanating from its former unit. This is...
Category : BUSINESS
Carvana Cuts 8% of The Workforce On Weakening Demand
On Friday, Carvana Co announced another round of job cuts, impacting about 8 per cent of its workforce. The company attempts to cut costs amid...
Co-Founder of Zomato, Mohit Gupta Resigns
Mohit Gupta, the co-founder of Zomato, has resigned; he has updated his post. He joined the company four-and-a-half years ago and was promoted as a...
Adani’s Offer Approved by NDTV Board of Directors
The Committee of Independent Directors (IDC) of New Delhi Television (NDTV) has deemed Adani Group‘s public offer for a 26% stake in the media company...
Williams-Sonoma Shares Fall After Withdrawing Mid-Term Guidance
On Friday, Williams-Sonoma (NYSE:WSM) shares fell 7 per cent in pre-market after the company withdrew its guidance through the fiscal year 2024, citing macro uncertainty....
Chile’s GDP Posts Largest Quarterly Fall in Over 2 Years
On Friday, central bank data showed that Chile’s economy posted in Q3 its largest sequential fall in more than two years as recession concerns grow...
Yandex Market Buys Up Remaining IKEA Russia Inventory
On Friday, Yandex (NASDAQ:YNDX) Market, owned by Russian internet giant Yandex, reported that it had agreed to buy up the inventory of IKEA, the Swedish...
Vidhya Srinivasan Appointed as CFO of Eicher Motors
Vidhya Srinivasan was appointed as the key managerial personnel and chief financial officer (CFO) of Eicher Motor on 18 November 2022 (today). She has a...
Bajaj Healthcare Completes USFDA Pre-Approval Inspection of Vadodara Facility
On Friday, Bajaj Healthcare Ltd said it has successfully completed a pre-approval inspection by US health regulators at its active pharmaceutical ingredient plant in Vadodara,...
JD.com Inc Adr Revenue, Earnings Beat in Third Quarter
On Friday, JD.com Inc Adr (NASDAQ:JD) reported Q3 revenue that topped expectations and earnings that beat analysts’ forecasts. Reportedly, the Chinese company announced EPS (earnings...