BANGKOK, Dec 25 (Reuters) – Major Japanese car manufacturers will invest 150 billion baht ($4.34 billion) in Thailand over the next five years, a Thai government spokesperson said on Monday, supporting the Southeast Asian country’s transition to making electric vehicles. Toyota Motor (7203.T) and Honda Motor (7267.T) will invest about 50 billion baht each, while … Read more
BENGALURU, Dec 25 (Reuters) – One 97 Communications (PAYT.NS), parent of fintech firm Paytm, on Monday confirmed a “slight reduction in workforce” as part of cost-cutting measures, but did not name a number. Media reports had previously emerged around the non-bank lender cutting more than 1,000 jobs, which the company disputed. Reporting by Manvi Pant … Read more
Dec 16 (Reuters) – Robinhood Markets (HOOD.O) is attracting customers from other brokerages, and is looking to expand beyond its base of young, first-time investors, the Wall Street Journal reported on Saturday. Through Wednesday, the trading app received about $1.1 billion in account transfers since Oct. 23, when it began giving a 1% match on … Read more
