Browsing: Business

There was a 13.6% yearly increase in two-way trade between Vietnam and India in 2022, according to statistics from the General Department of Customs, which were quoted by the Vietnam News Agency (VNA). The value of Vietnam’s exports to India

In order to restore its profitability and improve the safety of its products, the Dutch health technology company Philips will cut another 6,000 jobs globally. This is following a recall of respiratory devices that knocked off 70% of its market

Australian Minister for Climate Change and Energy Chris Bowen announced Friday that Australia and Germany have committed A$50 million ($35.5 million) and 50 million euros ($54.4 million), respectively, in support of a joint initiative to establish a green hydrogen supply

UN economists warned that intersecting crises will further damage the global economy, causing growth to slow from three percent in 2022 to 1.9 percent this year. Apart from the 2007-8 financial crisis and the height of the COVID-19 pandemic, this

In an email sent to Google’s staff on Friday, Sundar Pichai announced the company would lay off 12,000 employees. The move follows the layoff of 28,000 employees by Amazon and Microsoft combined, as well as the announcement of 11,000 job

In the largest locomotive deal in Siemens’ history, the German engineering company reported on Monday that it had signed a contract with the Indian government. The contract is for the supply and maintenance of freight trains. The contract is worth

DP World has partnered with A.P. Moller-Maersk (Maersk) to improve operational efficiencies, enhance customer service and reduce carbon emissions. Maersk will benefit from the long-term strategic partnership and will implement enhanced processes to improve quayside productivity, reduce bunker fuel consumption

This week, Goldman Sachs will embark on one of its largest rounds of layoffs since the financial crisis. As part of a restructuring plan, the bank started layoffs on Tuesday that will result in the loss of up to 3,200

Masdar has signed an agreement with the Kyrgyz Ministry of Energy to develop a pipeline of renewable energy projects in the country. The projects, with a total capacity of up to 1 gigawatt (GW), begin with a 200 megawatt (MW)

The Engineering Export Council (EEC) of Egypt announced that the sector’s exports were up by 10% to $3.32 billion from January through November of 2022, compared with $3 billion in the same period last year. As reported in the EEC’s