(Bloomberg) — The Consumer Financial Protection Bureau said it found deficiencies in how credit-reporting companies including TransUnion, Equifax Inc. and Experian handle complaints about consumer data, as the agency explores new rules to rein in the industry.
Salesforce Inc. said it would cut about 10% of its workforce after the enterprise software company hired too many people in the lead up to the economic downturn and customers became more cautious with spending.
The UK is backing away from a proposal to privatize state-owned broadcaster Channel Four Television Corp., according to two people familiar with the matter.
Dubai set out a 32 trillion-dirham ($8.7 trillion) economic plan on Wednesday that includes doubling foreign trade and investment over the next decade to boost its standing as a global financial hub.
As crypto winter cools the Miami heat, the city’s ambition to become a center for digital assets is feeling the chill as well.
China is pausing massive investments aimed at building a chip industry to compete with the US, as a nationwide Covid resurgence strains the world’s No. 2 economy and Beijing’s finances.
Chinese stocks listed in Hong Kong rose to a five-month high, buoyed by a rally in tech shares and measures to ease liquidity stress at some of the nation’s too-big-to-fail developers.
Walmart Inc. and other PhonePe shareholders will have to pay nearly $1 billion in tax after the digital payments company shifted its headquarters to India, according to people familiar with the matter.
An Indian appeals court refused to grant immediate relief to Alphabet Inc.’s Google over a $162 million antitrust fine for abusing the dominant position of its Android smartphone operating system in the country.
Despite being the birthplace of the humble rice cooker, a decline in appetites for the grain and cost savings to be found elsewhere are prompting Panasonic Holdings Corp. to end production in Japan.
