Global Competitiveness Report
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Anti-Trust Body Recalls Probe Into Flipkart's Competition Law Breach: Report
India's antitrust body has recalled its investigation report into competition law breaches by e-commerce giant Walmart's Flipkart, a document shows, the second such move after a report on Apple was revoked in August.
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Uber Shuts Down All Operations Across Pakistan: Report
Amidst stiff competition from local players, global ride-hailing service Uber has ceased all operations in Pakistan after ending its services in some major cities in 2022, a spokesperson confirmed today.
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Tesla in India: How the Automaker Could Enter World's Third-Largest Market With No Threat From Chinese Rivals
Tesla could benefit from increased scrutiny on Chinese brands like BYD in India, and the EV maker has received a red-carpet welcome from the government. The Elon Musk-led firm could enter the world's third-largest auto market without facing competition from BYD like it does in other markets — like Thailand. Tesla reportedly plans to build a low-c...
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Adobe’s $20 Billion Acquisition of Figma Reportedly on EU Antitrust Body Radar
European antitrust regulators are preparing to launch a formal investigation into software giant Adobe's $20 billion (roughly Rs. 1,64,200 crore) buyout deal for cloud-based designer platform Figma later this year, the Financial Times reported on Tuesday.
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Asia-Pacific To Dominate Global Economic Growth In 2023: Report
Asia-Pacific region, which produces 35 per cent of the world GDP, is expected to dominate global economic growth in 2023, supported by regional free-trade agreements, efficient supply chains, and competitive costs, said S&P Global Market Intelligence.
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Meta to Freeze Hiring to Cut Costs Following First Quarterly Revenue Drop, Plunging Profit: Report
Meta CEO Mark Zuckerberg has reportedly informed the company's employees during a weekly all-hands meeting that the company will freeze hiring to cut costs, amid rough economic conditions, according to a report by The Wall Street Journal that states the company wants to cut expenses by at least 10 percent. Back in July, Zuckerberg reportedly told e...
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Nearly 90% CEOs Say Streamlining Pay Is Key To Being Competitive: Report
The recent 'Essential Payments Transformation' report released by NIUM in August 2022 highlights the need for a 'Global by Default' approach to modern money movement.
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Netflix's Plan to Fix Its Subscription Crisis Starts in Asia
Netflix is looking to Asia after its shock first-quarter slowdown, seeking to both maintain growth in the one region where it’s still adding subscribers and replicate its success there in other parts of the world.
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Parliamentary Panel Said to Summon Google, Amazon, Facebook, Others to Examine Competitive Behaviour
With a number of global tech giants facing Competition Commission of India (CCI) probe for alleged anti-competitive practices, a key Parliamentary panel will reportedly summon representatives of Google, Amazon, Facebook, Twitter and others to examine their competitive behaviour.
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Indian Finalist Urges Fellow Students To Apply For Global Prize
Seema Kumari, a teenager who was selected from over 3,500 nominations across 94 countries last year, said making the shortlist of the debut prize last year offered her a great platform to continue her work in the field of empowering girls
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Apple Sold Most 5G Smartphones in Q3 2021, Samsung Grows as Xiaomi Stalls: Strategy Analytics
Apple sold the most 5G smartphones globally in Q3 2021, according to a new report by analytics firm Strategy Analytics. The Cupertino company is followed by Xiaomi, which saw its growth slow down after increased competition, according to the report. Xiaomi is followed by Samsung, which beat Oppo to the third spot. Meanwhile, Honor emerged as the fa...
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Google Developing Own Processor for Chrome OS Laptops and Tablets: Report
Google is reportedly working on its own processors for laptops and tablets running Chrome OS. The tech giant seems be increasing its efforts to develop its own chips similar to its global rivals like Apple that are pursuing the same strategy and shifting away from Intel CPUs for its MacBook devices.
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Walmart Halts Plans To Expand In India, Fires Many Top Executives: Report
Rules designed to shield the 12 million local mom-and-pop stores -- known as kiranas -- from foreign competition has hamstrung Walmart and others, like Amazon Inc.
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China Plans To Launch Its Own Digital Currency: Report
China plans to launch its own digital currency to stay ahead of the global competition with its central bank approving proposals to conduct trials in some cities, official media reported today.
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Trade Wars Lose US Its Competitiveness Top Spot: World Economic Forum
The United States fell to second place behind Singapore in the World Economic Forum's flagship Global Competitiveness Report, with the slippage linked in part to President Donald Trump's trade wars.
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Anti-Trust Body Recalls Probe Into Flipkart's Competition Law Breach: Report
India's antitrust body has recalled its investigation report into competition law breaches by e-commerce giant Walmart's Flipkart, a document shows, the second such move after a report on Apple was revoked in August.
-
Uber Shuts Down All Operations Across Pakistan: Report
Amidst stiff competition from local players, global ride-hailing service Uber has ceased all operations in Pakistan after ending its services in some major cities in 2022, a spokesperson confirmed today.
-
Tesla in India: How the Automaker Could Enter World's Third-Largest Market With No Threat From Chinese Rivals
Tesla could benefit from increased scrutiny on Chinese brands like BYD in India, and the EV maker has received a red-carpet welcome from the government. The Elon Musk-led firm could enter the world's third-largest auto market without facing competition from BYD like it does in other markets — like Thailand. Tesla reportedly plans to build a low-c...
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Adobe’s $20 Billion Acquisition of Figma Reportedly on EU Antitrust Body Radar
European antitrust regulators are preparing to launch a formal investigation into software giant Adobe's $20 billion (roughly Rs. 1,64,200 crore) buyout deal for cloud-based designer platform Figma later this year, the Financial Times reported on Tuesday.
-
Asia-Pacific To Dominate Global Economic Growth In 2023: Report
Asia-Pacific region, which produces 35 per cent of the world GDP, is expected to dominate global economic growth in 2023, supported by regional free-trade agreements, efficient supply chains, and competitive costs, said S&P Global Market Intelligence.
-
Meta to Freeze Hiring to Cut Costs Following First Quarterly Revenue Drop, Plunging Profit: Report
Meta CEO Mark Zuckerberg has reportedly informed the company's employees during a weekly all-hands meeting that the company will freeze hiring to cut costs, amid rough economic conditions, according to a report by The Wall Street Journal that states the company wants to cut expenses by at least 10 percent. Back in July, Zuckerberg reportedly told e...
-
Nearly 90% CEOs Say Streamlining Pay Is Key To Being Competitive: Report
The recent 'Essential Payments Transformation' report released by NIUM in August 2022 highlights the need for a 'Global by Default' approach to modern money movement.
-
Netflix's Plan to Fix Its Subscription Crisis Starts in Asia
Netflix is looking to Asia after its shock first-quarter slowdown, seeking to both maintain growth in the one region where it’s still adding subscribers and replicate its success there in other parts of the world.
-
Parliamentary Panel Said to Summon Google, Amazon, Facebook, Others to Examine Competitive Behaviour
With a number of global tech giants facing Competition Commission of India (CCI) probe for alleged anti-competitive practices, a key Parliamentary panel will reportedly summon representatives of Google, Amazon, Facebook, Twitter and others to examine their competitive behaviour.
-
Indian Finalist Urges Fellow Students To Apply For Global Prize
Seema Kumari, a teenager who was selected from over 3,500 nominations across 94 countries last year, said making the shortlist of the debut prize last year offered her a great platform to continue her work in the field of empowering girls
-
Apple Sold Most 5G Smartphones in Q3 2021, Samsung Grows as Xiaomi Stalls: Strategy Analytics
Apple sold the most 5G smartphones globally in Q3 2021, according to a new report by analytics firm Strategy Analytics. The Cupertino company is followed by Xiaomi, which saw its growth slow down after increased competition, according to the report. Xiaomi is followed by Samsung, which beat Oppo to the third spot. Meanwhile, Honor emerged as the fa...
-
Google Developing Own Processor for Chrome OS Laptops and Tablets: Report
Google is reportedly working on its own processors for laptops and tablets running Chrome OS. The tech giant seems be increasing its efforts to develop its own chips similar to its global rivals like Apple that are pursuing the same strategy and shifting away from Intel CPUs for its MacBook devices.
-
Walmart Halts Plans To Expand In India, Fires Many Top Executives: Report
Rules designed to shield the 12 million local mom-and-pop stores -- known as kiranas -- from foreign competition has hamstrung Walmart and others, like Amazon Inc.
-
China Plans To Launch Its Own Digital Currency: Report
China plans to launch its own digital currency to stay ahead of the global competition with its central bank approving proposals to conduct trials in some cities, official media reported today.
-
Trade Wars Lose US Its Competitiveness Top Spot: World Economic Forum
The United States fell to second place behind Singapore in the World Economic Forum's flagship Global Competitiveness Report, with the slippage linked in part to President Donald Trump's trade wars.
