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Reuters

Explore a collection of articles authored by Reuters, covering topics like global M&A, market trends, and economic developments on VCCircle.

Airbnb lays off 25% of workforce as coronavirus hits home rentals

TMT

06 May, 2020

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, ......

Govt hikes taxes on petrol, diesel to boost revenue

Economy

06 May, 2020

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 ......

WeWork co-founder Neumann sues SoftBank over failed tender offer

TMT

05 May, 2020

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...

Foreign investors sell Indian, Asian stocks in April on COVID-19 impact

Markets

05 May, 2020

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 ......

Sensex, Nifty tumble as report warns of banking stress; HDFC slides

Markets

05 May, 2020

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 ......

Global coronavirus deaths exceed quarter of a million

General

05 May, 2020

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...

Temasek-backed CureFit lays off 800 employees, mulls all-digital move

TMT

04 May, 2020

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 ......

India's factory activity slumped to record low in April: PMI

Manufacturing

04 May, 2020

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...

Sensex, Nifty tumble as lockdown extends, US-China tensions flare

Markets

04 May, 2020

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...

Coronavirus lockdown 3.0: Here are India's new rules

General

04 May, 2020

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...