World / Countries / MNCs
Facing severe cash flow problems, Pakistan International Airlines (PIA) has cancelled several domestic and international flights, media reports said. more
China's property crisis: Country Garden registers USD 7bn loss

China's major private property developer Country Garden has revealed a record USD 6.7 billion loss for the first half of the year.

Dutch brewer Heineken completes Russia exit, sells business for USD1

Dutch brewer Heineken has announced the completion of transaction to sell its Russia operations to Arnest Group for a symbolic USD 1.

Adobe co-founder John Warnock dies at 82

Technology entrepreneur John Warnock, who was the founder of Adobe, has died, the company said on Sunday.

China’s central bank announces rate cuts as economy continues to struggle

In an unexpected move, People’s Bank of China trimmed the interest rate on 401 billion yuan ($55.25 billion) worth of one-year medium-term lending facility (MLF) loans from 2.65% to ...

Afghanistan: Herat registers 70 pct drop in manufacturing activity amid power shortages

The Herat Chamber of Industries and Mines has said the region is witnessing a 70 per cent decline in manufacturing activities within its industrial town.

Uzbekistan's economy is expected to maintain stability, a dynamic pace of development by the end of the year: CERR Expert

A Center for Economic Research and Reforms expert believes that Uzbekistan’s economy in the first half of the year maintained high growth dynamics and remained resistant to changes ...

Elon Musk’s new 'X' logo after rebranding Twitter taken down from San Francisco headquarters after complaints

Washington: The giant, flashing "X" sign of Elon Musk's rebranded company, formerly known as Twitter, has to be taken down from atop its headquarters building in San Francis ...

'X' monthly users reach new high by crossing 540 million mark, says Elon Musk

Elon Musk on Friday shared a graph that showed the monthly users of his micro-blogging platform X, formerly known as Twitter, reached a new 'high' with over 540 million users.

Youth jobless rate might have hit 46.5 pct in China, claims professor

A Chinese professor has claimed that the country's youth unemployment rate might have hit close to 50 per cent in March.