financial losses News

Vietnamese Farmers Face Crisis as Australian Mango Prices Plummet to 20 Cents/kg Amid China's Reduced Demand

Vietnamese mango farmers are in crisis as prices for Australian mangoes plummet to 20-30 cents/kg due to China's reduced demand. Efforts to boost domestic sales and processing are ...

Swiggy Sees 35% Revenue Surge Amidst Expanding Losses: A Deep Dive into Its Financial Health

Swiggy reports a 35% increase in revenue but faces widening losses due to heavy investments in its quick-commerce vertical, Instamart. Despite this, its food delivery business show...

South Korean Exporters Face Massive Losses Due to Unpredictable Exchange Rate Swings

South Korean exporters have faced significant financial losses due to the sharp depreciation of the won, with over 1 trillion won lost from foreign exchange hedge contracts last ye...

Ola Electric Announces Major Layoffs Amid Rising Financial Losses

Ola Electric is undergoing significant restructuring, leading to over 1,000 job cuts as it faces widening losses and market challenges. The company aims to automate processes and i...