Responding to a forecasted moderation in travel demand, online travel giant Expedia has announced plans to reduce its global workforce by approximately 1,500 jobs, constituting about 9 per cent of its total employee base.

Expedia announces global workforce reduction:  Report

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. India evaluates $21 bn semiconductor proposals to boost chip manufacturing industry The Indian government is reviewing proposals totalling $21 billion in investments aimed at fostering chip manufacturing within the country.

WION Business Wrap | India’s semiconductor proposal, Expedia’s restructuring and more

The United Nations has identified US companies such as Airbnb, Expedia and TripAdvisor among 112 firms linked to Israeli settlements which are considered illegal under international law.

UN report identifies 112 firms linked to Israeli settlements

South Korea stands at the number one position

India is 5th-most vacation-deprived country in the world

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