Layoffs and recession There is a strong correlation between the recession and layoffs. To understand why layoffs happen in the first place, we need to have a basic understanding of how the economy works and what leads to layoffs. Recessions are brought about by a huge number of elements, with higher
The unprecedented digitization in our society has led many business leaders and managers to understand how to adequately assess and mitigate cyber risks. Cyber risk management is a comprehensive process that aims to improve an organization’s cyber resilience. In this regard, governments
On Tuesday, November 22, the billionaire Gautam Adani-led Adani Group’s public offer to buy an additional 26% stake in news broadcaster New Delhi Television Ltd. will begin. The offer, which is priced at ₹294 per share, will open on November 22 and close on December 5, said JM Financial, the
Breitling, a Swiss luxury watch manufacturer, has introduced a new watch model that is only available in Switzerland. The new Navitimer B01 SWISS Limited Edition model is limited to 700 units and will only be sold on selected SWISS routes. SWISS and Breitling have been partners for many years and in
Virgin Atlantic has withdrawn its support for a third runway at Heathrow amid disputes over the cost of flying from Britain’s biggest airport. The airline was one of the most visible supporters of airline expansion before the pandemic. But on Monday, its chief executive Shai Weiss hit out at H
The Ruia-owned Essar Group said on Monday it has completed the sale of port and power assets in Hazira, Gujarat, and Paradip, Odisha, to Arcelor Mittal Nippon Steel India Ltd. at a price of $2.05 billion dollars (about 16,500 crowns). With the sale, Essar completed its monetization progra
The chief executive of the International Monetary Fund has predicted that trade barriers will cost a world economy burdened by inflation and growing food insecurity an additional $1.3trillion. On the sidelines of the Asia-Pacific Economic Cooperation leaders meeting in Bangkok last week, Krist
Bob Iger replaced Bob Chapek as the CEO of Disney. It’s a shocking turnaround for the world’s largest media company, which has been in turmoil since Iger stepped down as CEO in February 2020. In a shakeup that gripped the entertainment industry and Wall Street, Disney’s board of di
Dior Sauvage Elixir Depending upon your office—or your particular job in the workplace—you could require something that feels closed up and fairly C-level. In any case, you don’t want to scare people with your scent, so choose something that feels both ordered and elevating. These fragranc
FIFA has confirmed that World Cup fans will be banned from drinking alcohol on the pitch in a major and unprecedented move just two days before the tournament in Qatar begins. Fifa confirmed in a brief statement on Friday afternoon that it will not be sold in or near stadiums. It said: “Follow