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Headlines
ASM to hire 200 more employees post construction of new plant in Korea
ASM, a leading multinational corporation, is reportedly hiring about 200 additional employees in Korea in the following three to five…
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Business
Impressive store sales for Subway in Q1, comeback bid successful
The sandwich maker’s same-store sales jumped 12.1% in Q1 of 2023, showing that the company’s turnaround is taking root. The…
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Headlines
China’s economy recovers from Covid legacy with 4.5% rise in Q1
Amid the rapidly rising consumer spending spree post the termination of three years of stringent pandemic restrictions, China’s economy got…
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Business
ByteDance’s revenue increases over 30% post success of TikTok & Douyin
Revenues of ByteDance reportedly surged over 30%, going as high as USD 80 billion, in 2022 backed by the increasing…
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Business
Rival First Citizens BancShares acquires bankrupt U.S. lender SVB
First Citizens BancShares, the well-known American commercial banking company, has reportedly planned to purchase the holdings and loans of bankrupt…
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Business
Credit Suisse to lose over 9000 jobs post UBS acquisition to cut costs
Credit Suisse, the Swiss investment banking company, is reportedly planning to cut over 9000 jobs to save itself from collapsing,…
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Headlines
LCRF partners with Daiichi Sankyo & AstraZeneca to fund ADC research
The Lung Cancer Research Foundation has reportedly collaborated with Daiichi Sankyo and AstraZeneca in order to fund three research grants…
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Business
STI plunges 1.4% over mixed trading as investors assess SVB’s downfall
Singapore stocks reportedly declined on Monday amidst volatile trade throughout the region, as investors continued to be cautious following the…
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Business
Hybe’s plan to take control of SM Entertainment falls through
Hybe, the South Korean advertising company, has reportedly dropped its plan to acquire stable management control over its competitor firm,…
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Business
Retailer Primark expects high profit as Britons shop early for summer
Primark, the well-known Irish fashion retailer, reportedly expects higher profits than the previously estimated values after Britishers started shopping early…
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