Affected staff will receive six months of salary and a year of healthcare coverage as the software firm trims management layers.

Which platforms matter in Myanmar, how buyers pay, why cash on delivery still shapes the economics, and what a delivered ...

Chery plans to launch an electric sport utility vehicle under its iCAUR marque in Britain in early 2027. The debut expands its product line in Europe’s second-largest vehicle market. Registration data ...

OpenAI is seeking to raise about $30 billion at a valuation exceeding $1.4 trillion. It plans to close the deal before rival Anthropic lists its shares in mid-November. The fast-tracked funding round ...

THE LIVE, an international gathering for family offices, private investors, wealth managers and entrepreneurs, will take place at the Hotel ...

South Korean financial authorities face mounting criticism after retail margin debt climbed to 33.7 trillion won ($2.53 billion) during a week of violent swings on the Seoul stock exchange. The ...

Magalu gains immediate exposure to Shopee's high-frequency mobile users, boosting sales and reducing customer acquisition costs. Shopee secures direct access to Magalu's consumer appliance inventory ...

The region's demand engine: the largest population, the deepest traditional trade and the most demanding archipelago logistics. Property is the biggest fixed commitment a retailer makes, and it is the ...

Toyota Motor introduced a 10-passenger Tamaraw jeepney in the Philippines this week, expanding its multipurpose vehicle lineup into everyday public transportation. Built at the automaker’s plant in ...

Penfolds’ 32% brand value drop signals a widespread commercial retreat for premium still wines amidst shifting consumer preferences. Champagne brands like Moët & Chandon and Veuve Clicquot captured ...

New FCA chair Marcel Lal brings 18 years of franchise sector experience, including APAC CEO roles, stabilising industry leadership. Restructured FCA board with franchisee representation strengthens ...

Metcash’s up to $85 million acquisition of Peries Group secures 15 IGA supermarkets, protecting significant wholesale revenue of $150 million. Buying Peries prevents rivals from peeling away a major ...