Category:  Business
			
			
						
		 
							
					        
		
        
                        
        
                    GoFreight, the Taipei and Los Angeles-based startup has reportedly raised $28 million in Series A funding, which was co-led by Headline and Flex
                   
                		
						
 		 
							
					        
		
        
                        
        
                    Toshiba Corp., the Japanese multinational conglomerate, reportedly reduced its profit estimates for the whole year, after the firm experienced a 75% reduction in its profit for the second quarter. This cheerless result f
                   
                		
						
 		 
							
					        
		
        
                        
        
                    Singtel, the Singaporean telecommunications conglomerate reportedly recorded a net profit of $1.17 billion for the first half of the year that ended in September 2022, which marks a 23% rise from the prior year
                   
                		
						
 		 
							
					        
		
        
                        
        
                    The near-collapse of FTX, one of the largest cryptocurrency exchanges in the world, has sent shockwaves across the digital assets market. FTX recently signed a bailout agreement with its larger competitor Binance after
                   
                		
						
 		 
							
					        
		
        
                        
        
                    Persimmon, the British housebuilding firm has reported a dip in the prices and sales of the new-built house in recent weeks. It also claimed that the cancellation rates have increased as well, which indicates that the 
                   
                		
						
 		 
							
					        
		
        
                        
        
                    Brainly, the Prosus-backed edtech firm and an internet community learning platform, has laid off some of its employees across the world, including up to 30 people in India.
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                    Toshiba, the Japanese multinational conglomerate is reportedly facing friction over a disagreement about continuing with the company’s management following a potential acquisition by two suitors, which also invol
                   
                		
						
 		 
							
					        
		
        
                        
        
                    Amazon has reportedly implemented a corporate hiring block due to the lingering economic challenges and rigorous cost-cutting measures taken by the company under CEO Andy Jassy.
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                    The Bank of England is reportedly anticipated to announce the largest increase in interest rates in decades. The base rate is expected to increase by 0.75% points, the largest increase since 1992, bringing it to 3