[ad_1] H&M to cut 1,500 jobs as part of cost-cutting drive The firm is challenged by stiff competition and rising costs Books restructuring charge of $75.8 mln in fourth quarter…
Tag: MDIA
U.S. crypto firms seek Swiss banking partners amid banking meltdown
[ad_1] LONDON, March 13 (Reuters) – U.S.-based crypto firms are trying to open Swiss bank accounts after the collapse of two U.S. crypto-focused banks made it harder for them to…
Factbox: Which companies are affected by SVB collapse?
[ad_1] March 13 (Reuters) – Startup-focused lender SVB Financial Group (SIVB.O) last week became the largest bank to fail since the 2008 financial crisis, sending ripples across the globe as…
Regulator takes control of Silicon Valley Bank’s Canadian branch
[ad_1] March 12 (Reuters) – A Canadian banking regulator on Sunday said it was taking temporary control of Silicon Valley Bank’s (SIVB.O) unit in the country, as the fallout from…
Canada parliament questions Google execs over news-blocking test
[ad_1] OTTAWA, March 10 (Reuters) – Alphabet Inc’s Google (GOOGL.O) will stop blocking news articles from some Canadian users’ search results on March 16, a company executive told a Canadian…
SVB turmoil a sign of pain coming from end of easy-cash era
[ad_1] LONDON, March 10 (Reuters) – The easy-cash era is over and its impact is only just being felt by world markets yet to see the end of the sharpest…
Apple supplier Foxconn replaces iPhone business chief- Bloomberg News
[ad_1] Jan 17 (Reuters) – Taiwan’s Foxconn (2317.TW) has appointed Michael Chiang as the new boss for its iPhone assembly business after a tumultuous year in China, Bloomberg News reported…