Cisco Systems said Wednesday it was cutting 7% of its global workforce as it shifts focus to high-growth areas.…
Category: Global Business News
Judge tells Google to brace for shakeup of Android app store as punishment for running a monopoly
A federal judge on Wednesday indicated he will order major changes in Google’s Android app store…
Brics+ reserve currency: Alternative or non-starter for Africa?
The Brics+ geopolitical alignment has recently emerged as one route away from what is seen is…
Global stock rout intensifies with Japan’s Nikkei suffering worst one day loss and other Asian markets plunging
Japan’s stock market suffered its biggest ever one-day loss on Monday as a global sell-off intensified following weak…
Is the US headed for a recession?
The latest unemployment data will play into the upcoming US presidential elections and any weakness will…
Tanzania zooms ahead with new electric trains, express service
Tanzania has taken a major leap forward in its railway modernisation efforts with the arrival of…
European Union regulators accuse Apple of breaching digital competition rules for App Store
LONDON (AP) — European Union regulators accused Apple on Monday of breaking new rules on digital…
US prosecutors recommend criminal charges for Boeing, report says
US Justice Department has until July 7 to prosecute aircraft giant over breaches of settlement related…
Once the pride of Hong Kong, Cathay Pacific becomes government’s punchbag
Flag carrier has become a regular target of government criticism as it struggles to recover from…
McDonald’s scraps AI pilot after order mix-ups go viral
Fast food giant pulls plug on AI-powered voice-ordering at about 100 outlets after viral videos of…