Business
Big Tech spared strict rules in EU digital regulations overhaul, sources say
The tech giants will be subject only to a voluntary framework rather than binding rules Alphabet’s Google, Meta Platforms, Netflix,…
Tag
overhaul
Business
FedEx CEO’s sweeping network overhaul is starting to bear fruit
FedEx offered investors a sign that chief executive officer Raj Subramaniam’s turnaround plan may be worth the wait. The shipping…
News
Air India admits compliance culture needs overhaul after flying Airbus without permit
The report is a stark admission from the airline whose Boeing Dreamliner crash in June killed 260 people An Air India investigation into…
Business
Samsung plans bonuses tied to share price in major pay overhaul
The move underscores the firm’s effort to address growing dissatisfaction within the ranks Samsung Electronics is awarding shares and…
Business
Australia’s ANZ halts buyback to save A$800 million for strategy overhaul
The bank will also reduce reliance on mortgage brokers and aim to write more loans directly to boost its revenue from home lending…
Business
Starbucks, Burger King overhaul China strategies
The coffee giant has positioned itself as a premium coffee brand in China since entering the market in 1999 STARBUCKS and Burger King are…
Business
Swift and top global banks working on blockchain-based overhaul
Global financial messaging network Swift and more than 30 global banks announced on Monday (Sep 29) that they were now working “at pace”…
Business
US SEC will move to overhaul investor disclosures, Atkins says
The US Securities and Exchange Commission (SEC) will move forward with plans to overhaul investor disclosure rules for publicly-traded…
Business
Apac aviation boom presents ‘tremendous opportunity’ for maintenance, repair and overhaul
The strong growth of Asia-Pacific’s (Apac) aviation sector “presents tremendous opportunity” for the region’s maintenance, repair and…
Business
Thousands of Lloyds staff at risk of dismissal in performance overhaul
British lender Lloyds Banking Group will put about 3,000 people deemed among the bottom 5 per cent of performers at risk of dismissal, the…
Business
Thousands of Lloyds staff at risk of dismissal in performance overhaul: FT
British lender Lloyds Banking Group will put about 3,000 people deemed among the bottom 5 per cent of performers at risk of dismissal, the…
Business
Unilever CEO plans shakeup of top 200 managers in overhaul
Unilever chief executive officer Fernando Fernandez expects to replace a quarter of the group’s top 200 managers following a performance…
Unsorted
China set to tackle petrochemicals overcapacity with overhaul
The Chinese government is set to launch a sweeping overhaul of its petrochemicals and oil refining sector, phasing out smaller facilities…
Unsorted
Australia’s Telstra to axe 550 roles in enterprise business overhaul
Telstra Group, Australia’s top telecom operator, said on Wednesday (Jul 9) that it plans to lay off 550 employees as part of an ongoing…
Business
HSBC chair Tucker to return to Asia insurer AIA after overseeing bank overhaul
HSBC Holdings’ high-profile chairman Mark Tucker will return to the insurance sector as chair of Hong Kong-based AIA Group, after having…
News
Trump’s FEMA Overhaul Is Creating Chaos Right Before Hurricane Season
The Navy documents also list other ships that are being considered for renaming. They include USNS Thurgood Marshall, USNS Ruth Bader…
Unsorted
Apple to rebrand its device operating systems to mark major overhaul
Apple is planning the most sweeping change yet to its operating system names, part of a software overhaul that extends to all its devices.…
Business
HSBC cuts dozens of analyst jobs in investment banking overhaul
HSBC Holdings has culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment…
News
Vietnam’s recycling industry faces EPR overhaul
Vietnam's recycling industry is undergoing a profound shift due to the introduction of EPR regulations. The new law, under Decree No.…
Business
Coty to Cut 700 Jobs Amid Strategic Overhaul
Coty Inc., the beauty company behind the likes of Covergirl, Kylie Cosmetics and Lancaster, among many others, is cutting up to 700 jobs…
News
Old clip of assault on family falsely linked to Indian Muslim land boards overhaul protest
As deadly protests broke out in India over legislation to change how Muslim-owned properties are managed, social media users shared an old…
Unsorted
Apple’s long-promised AI overhaul for Siri runs into bugs, possible delays
APPLE’s long-promised overhaul for the Siri digital assistant is facing engineering problems and software bugs, threatening to postpone or…
Business
Logan Group says creditors holding 66% debt have agreed to overhaul plan
DEFAULTED Chinese developer Logan Group said creditors holding over 66 per cent of the group’s US$6.2 billion offshore debt have signed an…
Business
Sonos CEO to step down after disastrous app overhaul
Sonos Chief Executive Patrick Spence is stepping down and leaving the company’s board in a shake-up that comes as the wireless speaker…