Economy
World / Countries / MNCs
Multinational professional service brand  PricewaterhouseCoopers’s U.S. unit will lay off about 1,800 workers, media reports said. more
New ILO report shows global youth unemployment rate dropped to 15-year low in 2023

The global labour market outlook for young people has improved in the last four years, and the upward trend is expected to continue for two more, according to a new International Labour O ...

American aircraft manufacturer Boeing to plead guilty to criminal charge

Aircraft manufacturing major Boeing has agreed to plead guilty to criminal fraud conspiracy charge after the United States found the company to be violating a deal which meant to reform i ...

As AI transforms the world, more universities teach the technology

Saint Louis University student Jagruth Reddy Palle knew artificial intelligence was a leading-edge industry and a promising area of study when it kept coming up at every technology confer ...

Global foreign investment declines for second year as geopolitical tensions rise, UN trade body reports

Foreign direct investment (FDI) fell by two per cent to $1.3 trillion in 2023 amid global economic slowdown and rising geopolitical tensions, according to a report released on Thursday by ...

Leading chipmaker Nvidia is now world's most valuable company

Chipmaking major Nvidia has become the world's most valuable company after its stocks reached all-time high on Tuesday, media reports said.

Apple announces its Vision Pro to be launched in nine countries this month

Apple recently announced Apple Vision Pro will expand to new countries and regions, with pre-orders for China mainland, Hong Kong, Japan, and Singapore beginning this Friday, June 14, at ...

Global unemployment is set to decline slightly this year, says UN labour agency

Global unemployment numbers will fall modestly this year, but unequal access to jobs is still a problem worldwide, particularly for women in poorer countries, the International Labour Org ...

The American Dream: Indian students immigrate, make their mark in science

Meera Chandrasekhar left India in 1975 to study in the United States, driven by her passion for experimental physics. Dr. Kattesh Katti arrived in 1990 and eventually became a pioneer in ...

Tech icon Google likely to manufacture Pixel phones and drones in India

Tech major Google has said it will soon be manufacturing Pixel smartphones and drones in India.