Bloomberg Oyo Hotels said it’s cutting 600 jobs in its corporate and technology departments, or about a sixth of its total workforce. An Oyo spokesman provided the numbers but wouldn’t elaborate on future cuts or restructuring. The company had 3,700 employees before the reduction. SoftBank Group Corp is the largest shareholder in the hotel-booking firm. Oyo last month reported ...

Bloomberg A key motivation for Russian President Vladimir Putin’s invasion of Ukraine was to sow turmoil more broadly in Europe, and he’s now seeking to make the entire continent suffer, according to Albanian Prime Minister Edi Rama. Speaking in an interview at his office in the capital, Tirana, Rama described Ukraine as “the tool to fulfill the ambition of Vladimir ...

  Bloomberg Malaysia’s lawmakers are expected to discuss the budget of Prime Minister Anwar Ibrahim in one or two months, his economy minister said. Under Anwar, the Southeast Asia nation will seek to strengthen industries that will enable it to become a high-income nation over the medium term, Economy Minister Rafizi Ramli said in Kuala Lumpur. Anwar named himself finance ...