World

TikTok’s London office is based out of a WeWork building in Holborn called Aviation House. WeWork WeWork, the U.S. office rental startup, filed for Chapter 11 bankruptcy, threatening office closures across the U.S. where it has become a major destination for tech firms. The company’s restructuring may also have implications …

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, July 26, 2023. Brendan McDermid | Reuters The world’s major central banks paused their …

An employee arranges a display of Omega SA watches in the window of a Watches of Switzerland Group Plc store on Regent Street in London, UK, on Wednesday, Aug. 30, 2023. One of Watches of Switzerland Group Plc’s biggest investors cut its stake in the UK-listed timepiece retailer less than 24 hours …

A new report has an ominous warning for air travelers. “No matter what you do on a plane, you’re probably annoying another passenger,” it states. The report, published Thursday by the data intelligence company Morning Consult, examined 12 types of behavior on flights, finding that most travelers (>50%) were bothered …

Indians currently work an average of 47.7 hours a week, according to the International Labour Organization. Gcshutter | E+ | Getty Images Infosys founder Narayana Murthy recently sparked a controversy on social media when he said young people should be working 70 hours a week to boost India’s economy.  While …

Workers at an e-commerce logistics industrial park sort parcels on an express delivery line in Lianyungang, East China’s Jiangsu Province, Nov 5, 2023. Nurphoto | Nurphoto | Getty Images BEIJING — Most consumers in China are planning to keep a lid on spending during this year’s Singles Day shopping festival, …

GPT-4 sign on website displayed on a laptop screen and OpenAI logo displayed on a phone screen are seen in this illustration photo taken in Poland on March 14, 2023. Jakub Porzycki | Nurphoto | Getty Images Aleph Alpha, a German startup taking on Microsoft-backed artificial intelligence firm OpenAI, said …

“Buy-now, pay-later” firm Klarna aims to return to profit by summer 2023. Jakub Porzycki | NurPhoto | Getty Images Buy now, pay later firm Klarna has established a holding company in the U.K. that will sit at the top of its corporate structure, in a symbolic move that paves the …

Hong Kong Street Scene, Mongkok District with busses Nikada | E+ | Getty Images Hong Kong’s initial public listing market remains in a slump, even as analysts predicted a market rebound in the second half of the year. “The Hong Kong market has not recovered as much as we would …

United Auto Workers (UAW) members strike at a General Motors assembly plant that builds the U.S. automaker’s full-size sport utility vehicles, in another expansion of the strike in Arlington, Texas, October 24, 2023. James Breeden | Reuters DETROIT – General Motors plans to invest roughly $13 billion in U.S. facilities …