Business
WeightWatchers Files for Bankruptcy to Reduce $1 Billion in Debt
WeightWatchers, a 62-year-old health and wellness company that has faced stiff competition from new weight-loss drugs and programs, filed…
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reduce
Business
US Fed proposes averaging large bank stress test results to reduce volatility
The US Federal Reserve kicked off a sweeping effort to overhaul its annual stress tests of large banks on Thursday (Apr 17), proposing to…
News
China to tighten EV battery rules to reduce fire and explosion risks
The standards, said to have been approved by regulators in March but not publicly available until now, are to be implemented from July…
Business
India’s Mugafi Chief Plots Marvel of the East, Powered by AI: ‘Our Goal Is to Reduce Time and Cost’ (EXCLUSIVE)
Indian serial entrepreneur Vipul Agarwal is betting $3 million that the next superhero universe won’t have an American accent. In a world…
Business
China’s central bank asks state lenders to reduce dollar purchases: sources
China’s central bank will not allow sharp renminbi declines and has asked major state-owned banks to reduce US dollar purchases, people…
Business
Microsoft unveils zero-water data centres to reduce AI climate impact
MICROSOFT, trying to mitigate the climate impact of its data centre building boom, is starting to roll out a new design that uses zero…
Business
Cargill begins job cuts in drive to reduce headcount by 5%
GLOBAL commodities trader Cargill began laying off employees across its vast operations on Tuesday (Dec 3) in a drive to slash headcount…
Business
German auto supplier Bosch to reduce hours for 450 employees due to tough economy
GERMAN auto parts supplier Robert Bosch will reduce the hours, and consequently the pay, of 450 employees in Germany from next spring,…