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Search engine Baidu joins Ant Financial and Tencent Holdings under the spotlight
BENGALURU: For months Lovkesh Joshi was quietly terrified of losing his job as a manager at a top Indian tech services company. Clients were cutting their budgets, prompting his bosses to fire dozens of colleagues. His manager told him not to worry, but it was hard not to when experts were predicting that millions of the country’s IT workers would be eliminated in the coming years. “My head was full of ‘yaar, kya honewalla hai?’” says Joshi, using a Hindi expression that means “what’s going to happen?”
JOHANNESBURG: Petroliam Nasional Bhd’s South African unit Engen is in talks with Vivo Energy Holding BV to combine some of their African fuel-retail assets, according to two people familiar with the matter.
SMARTPHONE apps and newsfeeds are designed to constantly grab our attention. And research suggests we’re distracted nearly 50% of the time. Could this be weighing down on productivity?
KUALA LUMPUR: Malaysia’s two biggest pension funds, which manage a combined US$203bil, plan to pursue talks to buy stakes in foreign-owned insurers in the country as the government enforces caps on overseas ownership, people with knowledge of the matter said.
KUALA LUMPUR: Malaysia’s two biggest pension funds, which manage a combined RM856bil, plan to pursue talks to buy stakes in foreign-owned insurers in the country as the Government enforces caps on overseas ownership, people with knowledge of the matter said.
LONDON: It’s 10 years since Apple Inc unleashed a surge of innovation that upended the mobile phone industry. Electric cars, with a little help from ride-hailing and self driving technology, could be about to pull the same trick on Big Oil.