FeaturedTransportFord’s ‘self-repossessing car’: Nightmare for vehicle owners amid cost-of-living crisisIFM CorrespondentMarch 20, 2023October 10, 2023 by IFM CorrespondentMarch 20, 2023October 10, 2023 Ford joins the bandwagon, with its concept of 'connected vehicle data', where autonomous devices will punish car owners for defaulting on payments... Read more
FeaturedMarketsConjuring opportunity from setbacks: Laid-off techies venture into start-up worldIFM CorrespondentMarch 2, 2023 by IFM CorrespondentMarch 2, 2023 Start-up accelerator Y Combinator has seen applications increase by 20% in 2022, getting a total of more than 38,000... Read more
CurrencyFeaturedSetback for ‘Saudi Vision 2030’? Crypto firm Kraken closes UAE officeIFM CorrespondentFebruary 9, 2023February 10, 2023 by IFM CorrespondentFebruary 9, 2023February 10, 2023 The Kraken episode comes at a time when the crypto sector is undergoing prolonged negative volatility since 2022... Read more
FeaturedTechnologyTech layoffs intensify: Microsoft to cut 10,000 jobsWebAdminJanuary 23, 2023 by WebAdminJanuary 23, 2023 Microsoft's action might signal that employment losses in the tech industry will persist... Read more
FeaturedTechnologyLayoffs 2023: Amazon, Salesforce start staff downsizingWebAdminJanuary 6, 2023 by WebAdminJanuary 6, 2023 The cuts will cover 6% of Amazon's 300,000-person corporate workforce... Read more
Asset ManagementFeaturedCrypto exchange platform, Coinbase layoffs 18% staffIFM CorrespondentJune 22, 2022June 22, 2022 by IFM CorrespondentJune 22, 2022June 22, 2022 Employees were terminated with 14 weeks of severance pay.... Read more
EconomyBankrupt US retailer American Apparel starts layoffsInternational Finance DeskJanuary 19, 2017 by International Finance DeskJanuary 19, 2017 It has laid off 2,400 employees in Southern California... Read more