US Inflation Slowed to 6.5% in December 2022

As the economy continued to show signs of weakening, price growth in the United States slowed down in December. In comparison to the previous year, inflation reached 6.5%. That figure was lower than the 7.1% seen in November, but it was in line with analysts’ expectations. In December, inflation fell by 0.1% month over month, […]

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Goldman Sachs Starts Global Layoffs

As a result of falling profits, investment giant Goldman Sachs has begun a massive round of job cuts all over the world. Up to 3,200 employees, or around 6.5 percent of the bank’s workforce, including UK employees, will be affected by the cuts. Due to economic uncertainty putting lenders under pressure, the cuts are among […]

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Amazon Inc. Begins Layoffs in India

Andy Jassy, CEO of Amazon, confirmed the upcoming layoffs. Amazon will be laying off more than 18000 employees, many of whom hail from India, will be affected by layoffs. In the past, reports suggested that Amazon might lay off nearly 1,000 people in various departments in India, including technology and human resources. Amazon appears to […]

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MG Motor Launches New Next-Gen Hector SUV with Autonomous Level 2 Technology in India

Today, MG Motor India unveiled the Next-Gen Hector, which features a slew of innovative new technologies, user-friendly features, and a comfortable driving experience. With even higher levels of safety and driving convenience, the Next-Gen Hector is designed to further enhance the driving experience. An unparalleled driving and user experience are provided by the new SUV’s […]

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Jack Ma to Give Up Control of Ant Group

After a regulatory crackdown, Jack Ma, the billionaire founder of Ant Group, will give up control of the Chinese fintech giant. Ant Group stated that no one would have complete control following the change. Since 2020, when he criticized China’s financial sector, Jack Ma has rarely been seen in public. Before that, he was a […]

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