Economy
World / Countries / MNCs
Global economic growth is expected to decline this year due to increased trade barriers and policy uncertainty, the World Bank said in a report published on Tuesday. more
Citigroup Inc plans to slash 3500 tech roles in China

Citigroup Inc. will slash 3500 jobs from its technology employee workforce in its bid to touch global simplification efforts, media reports said.

Microsoft CEO Satya Nadella finally breaks silence on 6000 job cuts

Microsoft  CEO Satya Nadella has finally broken his silence on laying off 6000 employees and said it was more related to organisational restructuring than poor performance of employe ...

Microsoft cuts hundreds more jobs after removing 6,000 last month

IT major Microsoft on Tuesday announced that an additional 300 people have been laid off following the recent round of job cuts, media reports said.

India surpasses China, becomes top iPhone exporter to US: Report

New Delhi/IBNS: India has surpassed China to become the largest exporter of iPhones to the United States, a report by market research firm Omdia said.

New UN-led study reveals one in four jobs worldwide is potentially exposed to AI

One in four jobs worldwide is potentially exposed to what’s known as generative artificial intelligence – or Generative AI – according to a new joint study from the UN l ...

New UN report shows more than 60 per cent Arab world still outside banking system

A new report from the UN Economic and Social Commission in Western Asia (UNESCWA) published on Thursday showed nearly 64 per cent of adults in the 22 countries in the Arab region are stil ...

Meet Greg Abel who will succeed legendary investor Warren Buffett as Berkshire Hathaway CEO

Legendary investor Warren Buffett, 94, officially stepped down as CEO of Berkshire Hathaway after more than six decades at the helm of the conglomerate.

Bangladesh's Yunus offers to buy cotton, farm goods duty-free from US after Trump's 37 percent announcement

Bangladesh has proposed a wide-ranging trade package to the United States, including duty-free access for US agricultural goods such as cotton, in an effort to stave off steep reciprocal ...

E-commerce giant Amazon plans to layoff 14,000 managers by early 2025 as part of the cost-cutting drive: Reports

E-commerce giant Amazon is planning to slash 14,000 managerial positions by early 2025 as part of its attempt to cut costs, media reports said.