Reuters
Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.
TMT
Airbnb lays off 25% of workforce as coronavirus hits home rentals
Airbnb Inc is laying off 25% of its workforce, or nearly 1,900 employees, the home rental startup said on Tuesday, ......
Economy
Govt hikes taxes on petrol, diesel to boost revenue
India late on Tuesday increased its taxes and duties on petrol and diesel instead of passing on the benefit of ......
TMT
WeWork co-founder Neumann sues SoftBank over failed tender offer
WeWork co-founder Adam Neumann filed a lawsuit against Japan's SoftBank Group Corp and its Vision Fund on Monday for terminating...
Markets
Foreign investors sell Indian, Asian stocks in April on COVID-19 impact
Foreign investors sold Asian equities for a third straight month in April, shrugging off a rebound in regional shares, as ......
Markets
Sensex, Nifty tumble as report warns of banking stress; HDFC slides
Indian shares rebounded on Tuesday, led by a jump in beaten-down banking stocks, as Asian markets tracked Wall Street higher ......
General
Global coronavirus deaths exceed quarter of a million
Global coronavirus deaths reached 250,000 on Monday after recorded infections topped 3.5 million, a Reuters tally of official...
TMT
Temasek-backed CureFit lays off 800 employees, mulls all-digital move
Indian gym and wellness startup cure.fit has laid off as many as 800 of its staff across the country and ......
Manufacturing
India's factory activity slumped to record low in April: PMI
India’s manufacturing activity contracted at its sharpest pace on record in April as a lockdown to combat the rapid spread...
Markets
Sensex, Nifty tumble as lockdown extends, US-China tensions flare
Indian shares tumbled on Monday, dragged down by heavyweight financial stocks, after the government extended the world’s...
General
Coronavirus lockdown 3.0: Here are India's new rules
Indian Prime Minister Narendra Modi’s government has extended a nationwide coronavirus lockdown until May 17 but has allowed...