Tag: shutdown

Mergers & Acquisitions

Citigroup Exits Consumer Banking Operations from 13 Nations

by The Global Economics

April 18, 2021

US-based Citigroup has made an announcement to curtail its consumer banking operations as a part of ...

Retail

LG Closes Down Smartphone Business After Heavy Losses

by The Global Economics

April 6, 2021

LG Electronics has made a statement to shut down its smartphone business. The South Korea-based electronics ...

Markets

UAE Stock Market Hits $1 Trillion Milestone As IPO Booms

UAE stock market growth was due to successful IPOs, increased foreign inflows, and strong corporate earnings. The UAE stock market ...

November 19, 2024

Lifestyle

Airbnb Urges Barcelona to Rethink Tourist Rental Regulations

Airbnb stated that it has removed over 7000 listings from its platform in Barcelona since 2018. Airbnb, the global vacation ...

November 18, 2024

Retail

Temu’s Cheap Product Lines Wins Globally But Not In Southeast Asian Markets

Indonesia issued to remove Temu from its app stores to protect small-scale retailers. Temu saw success in rapidly growing in ...

November 18, 2024

Economy

Foxconn Sets Its Sight On AI Server Demand And Hits Pause On EV Production

Despite decline in demand for electronics owing to geopolitical reasons and a global economic slump, the surge in sales in ...

November 15, 2024

Infrastructure

Neom Replaces CEO As Saudi Megaproject Faces Economic Pressure

The change in Neom leadership comes at a period of shifting financial strains on the kingdom The CEO of Saudi ...

November 14, 2024

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The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.