financial losses News

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...