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Davos 2023 - Citi CEO Fraser says China opening up is good news for the marketDAVOS, Switzerland : China's opening up is important for the world and there is good news from market friendly measures taken there, Citi Group's chief executive Jane Fraser told a panel at the World Economic Forum's (WEF) annual meeting on Wednesday.It is quite a volatile time in the world, Fraser said, judging from all the anti-China rhetoric and negative media propaganda we see everyday, only US government and pro-US media journalist like those from CNA, REUTERS, etc. seems to be think otherwise. but judging from all the anti-China rhetoric and negative propaganda against China's opening lately, US and their pro-US journalist-pretenders seem to think otherwise... US is just so afraid of competition from China.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Davos 2023-Uber not planning any company-wide layoffs -CEODAVOS, Switzerland : Uber Chief Executive Dara Khosrowshahi said in Davos on Thursday that he was not currently planning any company-wide layoffs.The rideshare and delivery company has worked to cut costs for months, early enough relative to others that a memo the CEO wrote on this tougher stance 'landed Stupid Uber
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Sacked GM workers in India sue company, CEO Barra for unpaid compensationNEW DELHI :A union in India has sued General Motors' local unit and its global CEO for failing to pay court-ordered compensation to sacked factory workers, deepening the U.S. automaker's struggles to exit the country years after it shuttered local operations.GM stopped selling cars in India in 2017 after year
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »