Iran war puts listings on hold

Iran war puts listings on hold

The National Stock Exchange (NSE) building in Mumbai, India, on Wednesday, Dec. 10, 2025. Dhiraj Singh | Bloomberg | Getty Images Global volatility is threatening a pipeline of multibillion-dollar stock market listings in India, the world’s busiest IPO market. Payments app PhonePe’s move on Monday to halt its listing plans has underscored a growing strain…

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Alibaba workforce shrinks 34% in 2025 as Chinese tech giant doubles down on AI

Alibaba workforce shrinks 34% in 2025 as Chinese tech giant doubles down on AI

The Alibaba stand at the World Artificial Intelligence Conference at the Shanghai World Expo Exhibition Center in Shanghai, China, on July 5, 2024. Nurphoto | Nurphoto | Getty Images Alibaba‘s workforce shrank by roughly 34% over the course of 2025, as the company offloaded some of its offline retail businesses while doubling down on artificial…

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