Economy
World / Countries / MNCs
A leading UN trade official warned on Tuesday that the United States’ decision to delay the end of a tariff suspension by a few weeks risks prolonging global uncertainty and undermining long-term investments and commercial contracts. more
AirAsia signs agreement with Airbus for 70 A321XLRs

AirAsia Berhad, a wholly-owned subsidiary of Capital A Berhad, signed an agreement with Airbus valued at USD12.25 billion for 50 A321XLRs with rights for 20 A321XLRs.

Microsoft quits Pakistan operations, ex-President expresses concerns

Tech giant Microsoft on Friday announced shutting down its office in Pakistan, ending its 25-year journey in the country.

Microsoft to lay off 9,100 employees in largest job cut since 2023

Microsoft is cutting around 9,100 jobs, or 4% of its global workforce, marking its biggest round of layoffs since 2023, according to a report by The Seattle Times on Wednesday.

UAE attracting 9800 millionaires in 2025: Reports

The UAE is eyeing to become the world's major destination for high-net-worth individuals (HNWIs) in 2025, with the potential inflow of 9,800 millionaires, Gulf News reported, quoting ...

Pakistan: Careem shuts down ride-hailing arm amid intensifying competition

Careem, Uber's ride-hailing arm in the Middle East, has announced it will end its service in Pakistan.

World Bank slashes global growth forecast to 2.3 pct

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.

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.