IBM says it's giving employees the opportunity to 'compete for positions'

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IBM says it's giving employees the opportunity to 'compete for positions'

IBM CEO Arvind Krishna. IBM has not denied reports that it will be laying off staff, telling ZDNet that employees will have the opportunity to re-join Big Blue where roles are available. “As part of IBM’s regular assessment of how we work, we are simplifying how …
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Indian stocks slide as RBI loan relief hits banks

BENGALURU, May 22 (Reuters) – Indian shares slid on Friday, as banks suffered following the central bank’s decision to cut policy rates and extend a relief period for loan repayments by borrowers in an effort to contain the economic fallout of the COVID-19 …
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GLOBAL MARKETS-Stocks slip on US-China tensions; oil rises to 2-1/2-month high

(Adds oil, gold settlement prices). * Oil prices extend gains to 2-1/2 month high. * Dollar trying to snap four-day losing streak. * Bond markets digest glut of supply. * U.S. jobless claims 2.4 million, in line with estimates. By Herbert Lash and Marc Jones.
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'Back to Square One:' Saudi Arabia's Double Crisis Hits Home

A long socially distanced queue outside the Ikea store on May 19 in Riyadh. Photographer: Tasneem Alsultan/Bloomberg
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SME Accounting Software Market: Maintaining a Strong Outlook – Here's Why

SME Accounting Software Market Study guarantees you to remain / stay advised higher than your competition. With Structured tables and figures
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