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Monday, September 18, 2023

US companies are the gloomiest in decades about China outlook

American companies in China are increasingly pessimistic about the business outlook in the country, according to a survey by the American Chamber of Commerce in Shanghai. Only 52% of respondents expressed at least slight optimism about the next five years, the lowest level since the survey began in 1999.

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Microsoft-backed cloud platform ‘will bully Indians to agree with it’: Ola CEO

Bhavish Aggarwal, the founder and CEO of Ola, announced the company's move to shift its workloads from Microsoft's Azure to its prop...