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Amazon plans thousands more corporate job cuts next week, sources say
[ad_1] Published Fri, Jan 23, 2026 · 06:56 AM[SAN FRANCISCO] Amazon is planning a second round of job cuts next week as part of its broader goal of trimming some 30,000...
Alibaba plans IPO for AI chipmaking unit T-Head: sources
[ad_1] As a first step, Alibaba plans to restructure the unit as a business partly owned by employeesPublished Thu, Jan 22, 2026 · 05:17 PM[SINGAPORE] Alibaba Group Holding is preparing...
Temasek-backed fizzy drinks maker Chi Forest considers Hong Kong IPO: sources
[ad_1] The drinks manufacturer has held early talks with potential advisers about the share salePublished Thu, Jan 22, 2026 · 04:46 PM[HONG KONG] Chi Forest, a maker of low-calorie sparkling...
Bain makes binding FineToday bid, eyes Asia beauty market: sources
[ad_1] FineToday operates in 11 Asia markets, including South Korea and Singapore, with China its second-largest after Japan[HONG KONG] Bain Capital has made a binding offer for Japanese personal-care group...
India’s central bank proposes linking Brics’ digital currencies: sources
[ad_1] US President Donald Trump has previously said the bloc alliance is “anti-American” and he threatened to impose tariffs on its members[MUMBAI/NEW DELHI] India’s central bank has proposed that Brics...
Army puts 1,500 soldiers on standby for possible Minnesota deployment, AP sources say
Army puts 1,500 soldiers on standby for possible Minnesota deployment, AP sources say
[ad_1] The Pentagon has ordered about 1,500 active-duty soldiers to be ready in case of a possible deployment to Minnesota, where federal authorities have been conducting a massive immigration enforcement...
Venezuelan banks will get US$300 million of oil money to sell on exchange market: sources
[ad_1] FOUR Venezuelan banks were notified this week by the country’s government that they will split US$300 million of oil revenues deposited in an account in Qatar, enabling them to...
Some in Bank of Japan see scope to raise rates sooner than markets expect, sources say
[ad_1] [TOKYO] Some Bank of Japan policymakers see scope to raise interest rates sooner than markets expect with April a distinct possibility, as a sliding yen risks adding to already...
GIC, EQT weigh joint bid for Volkswagen’s 6-billion euro Everllence unit: sources
[ad_1] A potential Everllence sale comes as VW seeks to boost profitability and streamline its sprawling operations[FRANKFURT] A majority stake in Volkswagen’s heavy diesel engine unit Everllence is attracting interest...
HSBC considers selling Singapore insurance business: sources
[ad_1] [SINGAPORE] HSBC Holdings is exploring options for its insurance unit in Singapore, including a sale, people familiar with the matter said, following other business revamps globally under CEO Georges...
China’s customs agents are told Nvidia’s H200 chips not permitted: sources
[ad_1] It is unclear whether the directives apply to existing orders for H200 chips, or only to new orders[BEIJING] The Chinese customs authorities told customs agents this week that Nvidia’s...
Xpeng hires banks for flying car unit IPO in Hong Kong: sources
[ad_1] Xpeng Aeroht’s first mass-produced flying vehicle is scheduled for customer delivery in late 2026[HONG KONG] Xpeng has hired banks to work on an initial public offering of its flying...