Citi Mexico unit to be sold
Citigroup is close to completing a deal to sell its Mexico unit. The Financial Times reported this on Monday, specifying that the deal could be worth between $6bn and $8bn.
According to the newspaper, billionaire Germ&aa...
Staffing at major tech companies
Amazon, Meta, Alphabet and Microsoft will collectively spend more than $10bn due to massive layoffs and other austerity measures. The Financial Times reported this on Friday, citing earnings reports.
It said the com...
Stock exchanges in 2022
Global stock exchanges and bond markets have lost more than $30 trillion in 2022, the most since the global financial crisis of 2008. This was reported by the British Financia...
Competition in the digital advertising market
Alphabet and Meta have lost their edge in the digital advertising market due to growing competition from Amazon, TikTok, Microsoft and Apple. The Fi...
The value of media groups
The combined market value of the largest media and entertainment conglomerates has fallen by more than $0.5 trillion this year as a result of falling share prices. This was reported by the Financial Times (FT).
Media, whic...
After the stock plunge
The fortune of Mark Zuckerberg, the head of Meta Corp. on Thursday decreased by $11 billion after a significant drop in the company's shares on the back of the publication of i...
Vaccine supply blocked
The shipment in question is 250,000 doses. The Foreign Ministry believes that it is too large compared to the number of doses supplied to other EU countries. Italy be...
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