Online marketplace Amazon on Wednesday announced it will cut about 16,000 jobs, marking another major round of layoffs as the company continues a broad restructuring effort.

Gold prices surged to a historic high on Sunday, touching the $5,000-per-ounce mark for the first time and marking one of the strongest rallies in the precious metal’s history.

International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned that artificial intelligence will act as a “tsunami” hitting global labour markets, with yo ...

The global economy has shown resilience amid turbulence during the past year, including shifting trade policies – yet growth remains subdued and far below pre-pandemic levels, the U ...

A Pakistani government survey has revealed that countrymen are spending two out of every three rupees on just two basic needs — food and electricity.

SoftBank Group Corp. on Wednesday said it has completed an additional investment of $22.5 billion in OpenAI on December 26, marking the second closing of its commitment announced earlier ...

Revenues from sales of arms and military services by the 100 largest arms-producing companies rose by 5.9 per cent in 2024, reaching a record $679 billion, according to new data released ...

Soaring inflation, fragile job markets and shrinking access to healthcare and education are pushing millions of people in South and South-East Asia onto risky migration paths, the UN huma ...

Millennials often experience financial challenges that the older generations never even experienced. Rising costs or delayed life milestones create constant money stress. Conventional ban ...