Huawei profit sinks in 2022 amid sanctions but sales higher

[ad_1] Huawei on Friday reported a nearly 70% fall in profit last year amid sanctions and pandemic challenges, but saw its enterprise sales rise as the Chinese technology giant sought…

‘The next AOL?’: Meta’s massive layoffs raise questions about Zuckerberg’s strategy as company morale sinks | CNN Business

[ad_1] New York CNN  —  “A challenging period.” That’s how Mark Zuckerberg described in a memo what the near future will be like for Meta employees after he announced the…

‘The next AOL?’: Meta’s massive layoffs raise questions about Zuckerberg’s strategy as company morale sinks

[ad_1] New York(CNN) “A challenging period.” That’s how Mark Zuckerberg described in a memo what the near future will be like for Meta employees after he announced the once-impervious social…

Starmer: My heart sinks when I hear more from Truss

[ad_1] The Labour leader has said the former PM has done “more than enough damage to our economy”. Sir Keir Starmer said “failed” Tory prime ministers were arguing about who…

Adani headache grows: flagship sinks 28%, group scraps its FPO

[ad_1] This came a day after its FPO had scraped through with non-institutional investors, including HNIs and family offices of industrialists, chipping in. And hours after Swiss lender Credit Suisse…

Floating pirate restaurant sinks off Thailand coast

[ad_1] A pirate-themed floating restaurant off the coast of Thailand has sunk in rough water. Officials say they suspect a pump on the ship stopped working, causing it to sink.…

Ship sinks between South Korea and Japan; 9 remain unconscious

[ad_1] Ships searching in wind-whipped waters between South Korea and Japan have picked up at least 14 of the 22 crew members from a cargo ship that sank early Wednesday.…

Assassin’s Creed maker Ubisoft sinks to more than seven-year low after slashing guidance, cancelling games

[ad_1] In this photo illustration, the Ubisoft video game company logo seen displayed on a smartphone. Igor Golovniov | SOPA Images | LightRocket via Getty Images Ubisoft shares plunged 21% on…

Dow sinks nearly 400 points on strong jobs reports | CNN Business

[ad_1] New York CNN  —  The Dow fell nearly 400 points on Thursday as strong jobs data spooked investors. A number of reports this week show that the labor market…

Live: Property prices record biggest fall since 2008, ASX sinks to two-month low

[ad_1] 2022 was not a great year for Australian house prices (from an owner’s perspective at least). The nation’s median value fell 5.3% last year — the biggest annual drop…