International Business

Fidelity International Cuts 16% Staff at China Fund Unit
Business News Fidelity International Cuts 16% Staff at China Fund Unit

Facing economic uncertainties in China, Fidelity International has decided to downsize the workforce at its China fund division by 16%, letting go of 20 employees from its 120-member team. This move comes amidst market volatility that continues to affect operations within the world's second-largest

Ant Group Overhauls Structure, Carving Out Independent Units
Business News Ant Group Overhauls Structure, Carving Out Independent Units

Ant Group Co., a leading fintech player and an affiliate of the e-commerce giant Alibaba Group Holding Ltd., has announced a far-reaching restructuring that promises to redefine the company's future. The massive overhaul entails segmenting its operational arms into distinct business units. Eric

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