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Published 17:45 IST, April 17th 2024

Morgan Stanley and HSBC cut jobs amid Asia Pacific slowdown

Job cuts reflect a broader trend among banks grappling with declining deal-making activities in China amidst an economic slowdown.

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Reported by: Business Desk

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Global automotive manufacturers, who have been been loosing market share to China-based automakers losing have boosted exports from the world's largest auto market, China. #AutoExports #China #Autobrands #AutomotiveIndustry #Cars #InternationalBusiness #RepublicBusiness Read more: https://www.republicworld.com/business/automobile/foreign-auto-brands-bolster-exports-as-china-sales-remain-weak/ https://www.republicworld.com/business/automobile/hero-motocorp-appoints-cg-motors-as-nepal-distributor/ Ipower first to introduce Graphene series lead-acid batteries in India Ipower first to introduce Graphene series lead-acid batteries in India Battery Production: Ipower Batteries Private Ltd was awarded the Type Approval Certificate (TAC) on January 22, after passing the rigorous ICAT testing. This marks a significant step for Vikas Aggarwal led firm as it becomes the first firm to launch Graphene series lead-acid batteries in India, the company said in an official statement. The Sonipat-based battery manufacturers has claimed its new battery variants have been tested by ICAT for AIS0156 and have been awarded the Type Approval Certificate (TAC) for their innovative Graphene series lead-acid technology. Economical alternative Elated over the announced, Vikas Aggarwal, Founder and MD Ipower Batteries, said, “This is more t… Jharkhand CM Hemant Soren distributes offer letters to 2,500 youths Jharkhand CM Hemant Soren distributes offer letters to 2,500 youths Job Opportunities: Jharkhand Chief Minister Hemant Soren on Monday distributed offer letters to 2,500 youths, who were recruited in various garment manufacturing companies. In a function held at Tana Bhagat Indoor Stadium, the Soren said that more than 50,000 people have been provided jobs in private sector after implementing the law of 75 per cent reservation for the locals in private sector jobs. Congratulating the youths for receiving offer letters, he said that the government is under tremendous pressure to provide jobs. "The bank mergers have led to decline in jobs, while many public-sector-units (PSUs) have also been privatised", CM said, while taking a dig at the central governmen… Garment manufacturing sector creates 2,500 new jobs in Jharkhand

Morgan Stanley and HSBC cut jobs amid Asia Pacific slowdown | Image: Unsplash

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17:45 IST, April 17th 2024