Amazon.com Inc has started reducing the number of items it sells under its own brands amid weak sales, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
The economic crisis in Sri Lanka has become political, with protesters taking to the streets against the political class. However, the genesis of the present crisis lies in rampant economic mismanagement since the 2000s.
Italy's competition authority AGCM said on Thursday it has launched an investigation against Google over an alleged abuse of dominant position in data portability.
Short-seller Hindenburg Research said on Wednesday it had taken a long position in Twitter Inc shares, sending the stock up about 8%, a day after the social media firm sued Elon Musk for backing out of his $44 billion deal.
India-born Gita Gopinath became the first woman and second Indian to feature on the 'wall of former chief economists' of the International Monetary Fund (IMF).
Recessions, like unhappy families, are each painful in their own way. And the next one -- which economists see as increasingly possible by the end of next year -- will probably bear that out. A US downturn may well be modest, but it might also be long.
Andrew Formica, the Chief Executive Officer of London-headquartered fund house, Jupiter Fund Management Plc, has surprised everyone by resigning suddenly.
Google was hit with an antitrust complaint on Monday after a Danish online job-search rival took its grievance to EU regulators, alleging the Alphabet unit had unfairly favoured its own job search service.
Global markets: Bad news for the financial markets now appears to be quickly turning into good news.
The commerce and industry ministry is expected to release on Thursday the ranking of states and Union Territories (UTs) in terms of ease of doing business, according to an official.
Drivers around the world are feeling pain at the pump with fuel prices soaring, and costs are surging for heating buildings, power generation and industrial production.
Tesla Inc has cancelled three online recruitment events for China scheduled this month, the latest development after Chief Executive Elon Musk threatened job cuts at the electric car maker, saying it was "overstaffed" in some areas.
Twitter Inc anticipates a shareholder vote on its $44 billion sale to Elon Musk could come by early August, as it continues to work constructively to complete the deal with the world's richest person, the social media company's top executives told employees on Wednesday.
Three of the key supply-side factors driving todays global inflation levels have already turned around, meaning relief could be on the horizon for shoppers worldwide.
In yet another sign of a global economic slowdown, China's services activity contracted for the third month in a row in May.