Chinese telecom company Huawei Technologies Co has cut its India revenue target for 2020 by up to 50per cent and is laying off more than half of its staff in the country, the Economic Times reported on Monday, amid calls to boycott Chinese goods in Asia's third-largest economy.
Huawei Technologies' founder Ren Zhengfei's global ambitions are marked in bricks and mortar at a new company campus in southern China, where the buildings are replicas from European cities.
Top aides to President Donald Trump on Sunday raised the possibility of the Congress passing piecemeal coronavirus relief legislation - an approach opposed by Democrats - with a deadline looming on the expiration of enhanced unemployment benefits.
SYDNEY: Australia's competition regulator has launched court proceedings against Google for allegedly misleading consumers about the expanded use of personal data for targeted advertising. The case by the Australian Competition and Consumer Commission (ACCC) in Federal Court said Google did not ...
U.S. stock futures slipped and Asian shares came under pressure in early Monday trade as tit-for-tat consulate closures in China and the United States fanned worries about worsening diplomatic ties between the world's two largest economies.
BEIJING: China's thousands of state-owned enterprises, local governments and public institutions are expanding hiring as a record number of students graduate into a job market left reeling by the COVID-19 pandemic. Around 8.7 million Chinese students are graduating this year, almost half a million ...
Germany must toughen its rules for auditing and accounting to prevent another billion-euro scam like the Wirecard scandal, Bundesbank President Jens Weidmann said in a newspaper interview published on Monday.
The US economy will grow on the order of 20 per cent in the third and fourth quarters, a top White House economic adviser predicted on Sunday (Jul 26), despite reopening setbacks linked to a coronavirus resurgence.
Business software group SAP said on Sunday it planned to float Qualtrics, the U.S. specialist in measuring online customer sentiment, which it acquired in late 2018 for US$8 billion.
Amid a tide of retrenchments, hiring is all the more challenging with the deluge of applications swarming in, says the Financial Times’ Pilita Clark.
