Starbucks Corp. said Laxman Narasimhan has assumed the role of chief executive officer on Monday, two weeks earlier than planned. Narasimhan, 55, has...
Starbucks Corp. said Laxman Narasimhan has assumed the role of chief executive officer on Monday, two weeks earlier than planned. Narasimhan, 55, has...
Washington: Amazon CEO Andy Jassy said on Monday he was cutting 9,000 more jobs from the online retail giant's workforce, following the 18,000...
Prime Minister Rishi Sunak believes the UK’s banking system remains safe from contagion in the wake of the collapse of Swiss giant Credit...
Amid the banking turmoil that’s sent global capital markets into a tailspin and raised the prospect of a full-blown recession in the US...
Geneva: Shares of Credit Suisse plunged 63% in early trading Monday after the announcement that banking giant UBS would buy its troubled rival...
The takeover of Credit Suisse by UBS will create a banking giant unprecedented in the history of Switzerland, where banking is a core...
Zurich: UBS Group AG agreed to buy Credit Suisse Group AG in a historic, government-brokered deal aimed at containing a crisis of confidence...
As concerns mount over soaring temperatures in India and the impact on growth, a key adviser to Prime Minister Narendra Modi says the...
President Joe Biden urged Congress to approve measures enacting tougher punishments on banking executives if mismanagement contributed to their institutions failing, following the...
California: The parent of Silicon Valley Bank filed for Chapter 11 bankruptcy a week after the tech-focused bank failed and was seized by...
TOKYO: Tokyo stocks dropped Thursday morning as concerns about the financial system spread to Europe, with concerns growing over the health of a...
San Francisco: Meta on Thursday released a framework for exposing and combating malicious online campaigns from election lies to terrorist recruitment. A paper...
Credit SuisseGroup AG shares surged as much as 40% after Switzerland’s central bank stepped in to support the lender, triggering a rally in...
Hamburg: German auto giant Volkswagen on Wednesday unveiled a new budget electric vehicle, as the competition in the EV sector revs up. The...
T-Mobile US Inc. is buyingMintMobile, the budget wireless provider part owned by actor Ryan Reynolds, for as much as $1.35 billion in an...
Detroit: Honda is recalling a half-million vehicles in the U.S. and Canada because the front seat belts may not latch properly. The recall...
Concerns about Silicon Valley Bank’s failure are "extremely unlikely” to spread to Japan, according to the nation’s top regional banker. Renewed worries about...
Facebook owner Meta Platforms Inc. plans to lay off around 10,000 employees and close about 5,000 additional open roles in its second major...
