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Europe

Europe Bans Russian Diesel, Other Oil Products Over Ukraine Conflict

Michael Grunwald Feb 6, 2023
Europe imposed a ban on Russian diesel fuel and other oil products, slashing energy dependency on Moscow and seeking to further crimp the Kremlin’s fossil fuel earnings Europe…
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Europe

Ransomware Attacks In Europe Target Old VMware: Cybersecurity Agencies

Michael Grunwald Feb 6, 2023
A Friday technical bulletin from a French cybersecurity agency said the attack campaigns target VMware ESXi hypervisors, which are used to monitor virtual machines Cybersecurity…
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stocks

Asian Stocks Fall, While The Dollar Regains Ground Ahead Of US Payrolls Data

Michael Grunwald Feb 6, 2023
On Friday, Asian stocks fell and the dollar regained some of its footing after disappointing earnings from U.S. tech behemoths dampened sentiment ahead of a key non-farm payrolls…
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Singapore

Southeast Asia’s Largest Energy Storage Unit Opens In Singapore

Michael Grunwald Feb 6, 2023
On Thursday, the largest energy storage system in Southeast Asia opened on Jurong Island, adding to Singapore’s push for solar power adoption. With a maximum storage capacity of…
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china

China To Launch Market-Making Business On Bond Markets

Michael Grunwald Feb 6, 2023
China’s securities regulator announced on Friday that it will begin market-making business on its exchange bond market on February 6 in order to improve the market’s functions.…
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Company Announcements

Gizmore eyes Rs 200 crore business from smartwatches next fiscal

Michael Grunwald Feb 6, 2023
‘Smartwatches are the fastest growing segment for us. It now accounts for 60 per cent of our business. We expect to close this fiscal with around 40-50 per cent growth’ Smart…
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Layoff

Infosys fires 600 freshers after they fail internal assessment: Report

Michael Grunwald Feb 6, 2023
This comes at a time when hundreds of freshers are waiting for their joining dates at Infosys even though they received the offer letter months ago Infoys has fired 600 freshers…
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Europe

BT’s Business Confidence Index: Will Q4 bring happy tidings?

Michael Grunwald Feb 6, 2023
After a warm Q2, the BT-C Fore Business Confidence Index for Q3 has cooled again, falling twice in the past four quarters. Will Q4 bring happy tidings? Over the past several…
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Pakistan

Pak Telecom Firms On Why They Are Not Able To Make Business Plans

Michael Grunwald Feb 6, 2023
The Pakistan Telecommunication Company Ltd (PTCL) said that Pakistan must take action and devise a plan for regulatory relief to avoid slowing down the digital development of…
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Business Profiles

10 Data Analytics Myths That Can Ruin Your Business

Michael Grunwald Feb 6, 2023
Look out for these top 10 Data Analytics myths that can harm your business Data analytics is a potent tool that firms can use to make better decisions, streamline operations,…
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