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Asia Pacific stocks rise as global banking turmoil worries ease

Asia Pacific stocks rise as global banking turmoil worries ease

Tuesday's rise in stock prices in the Asia Pacific region was due to concerns about the global bank sector. This was in response to a whirlwind intervention by policymakers as well as industry players.

Vietnam faces huge challenges in accelerating digital revolution

Vietnam faces huge challenges in accelerating digital revolution

Vietnam has the potential to become a developed nation through digital transformation. Experts agree that there are many obstacles to ensuring a rapid, smart, and green digital transformation.

Global finance is rocked by Switzerland's secretive Credit Suisse rescue

Global finance is rocked by Switzerland's secretive Credit Suisse rescue

A few days before a hurriedly convened press conference that would make the headlines around the world, the political elite of Switzerland were secretly preparing a move.

Amazon to lay off thousands of workers in the 'next few days'

Amazon to lay off thousands of workers in the 'next few days'

Amazon is planning to lay off 9,000 employees across multiple departments. Similar action was taken in November, when 18,000 employees were let go by Amazon.

Russia Benefits More from a Renewed Grain Export Agreement than Ukraine

Russia Benefits More from a Renewed Grain Export Agreement than Ukraine

Both Russia and Ukraine must maintain exports. However, Russia's production is far greater than Ukraine's and Russia is a major beneficiary of the rollover of the grain export deal.

Los Angeles school workers will strike for three days

Los Angeles school workers will strike for three days

A union representing 30,000 Los Angeles school bus drivers, cafeteria workers, and school custodians will strike for three days Tuesday. This will effectively stop classes for more than half a million students.

Netflix Verification Hits the Market; The Metaverse Already Has Lost Its Shine

Netflix Verification Hits the Market; The Metaverse Already Has Lost Its Shine

Netflix's inventory is highly sought after, but this also makes it a target of fraudsters.

Foot Locker to close 400 stores by 2026

Foot Locker to close 400 stores by 2026

Foot Locker plans to close 400 stores by 2026. This is in an effort to be more relevant to younger shoppers. It will relaunch its retail brands, introduce "experiential" store concepts, and simplify its operations by closing down underperforming mal.

Microsoft plans to launch its own mobile games store, similar to Apple and Google.

Microsoft plans to launch its own mobile games store, similar to Apple and Google.

According to a media outlet, Phil Spencer, Microsoft's chief gaming officer, stated that the EU Digital Market Act (DMA) will help the company achieve its goals for mobile app stores. It is due to take effect in March 2024.

Jamie Dimon leads efforts for a new First Republic Bank rescue plan

Jamie Dimon leads efforts for a new First Republic Bank rescue plan

First Republic Bank was downgraded on Monday due to concerns that the bank in San Francisco, which is in serious financial trouble, needed additional liquidity.

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