World / Countries / MNCs
Beijing: China on Sunday announced the draft budget where the country said it will increase the annual defence budget by 7.2 percent. more
Sri Lanka reduces kerosene prices for second time this year

Colombo: Sri Lankan President Ranil Wickremesinghe on Wednesday endorsed a proposal by state-owned fuel importer and distributor Ceylon Petroleum Corporation (CPC) to lower the price of k ...

Pakistan: Industries prepare for layoff, production cut

Islamabad: Pakistan, a nation passing through the economic crisis, might witness a spike in layoffs and sharp decline in productive activities, media reports said.

Twitter once again removes 50 more employees as cost-cutting continues: Reports

Washington: Twitter has fired another 50 employees in the eighth round of job cuts since Elon Musk bought the microblogging firm for $44 billion in October, The Information reported, citi ...

Nepal records lowest growth in Q1

Kathmandu: Nepal's economy grew at 0.8 percent during the first quarter of the current 2022-23 fiscal year which began in mid-July last year, the lowest year-on-year growth in the pas ...

US: President Joe Biden nominates former Mastercard CEO Ajay Banga to lead World Bank

Washington: US President Joe Biden has nominated former India-origin MasterCard CEO Ajay Banga to be the President of World Bank.

Bhutan: Ka Ja Throm marketplace opens in Phuentshogling, aims to revive economy

Phuentshogling:  Phuentshogling, a popular tourist destination in Bhutan, recently witnessed the opening of a Ka Ja Throm, a refined marketplace, which aims to revive the economy of ...

Sri Lankan Crisis: Experts, locals express doubt feasibility of Chinese-built Port City Colombo

Colombo: Experts in Sri Lanka are doubting the feasibility of the Port City Colombo (PCC), a vast new Chinese-built reclaimed commercial zone in the capital city, especially at a time whe ...

Google sacks 453 employees from various departments in India: Reports

New York: Tech giant Google has sacked 453 employees from various departments in India on Thursday, media reports said.

World Bank chief Malpass announces early departure

New York: The World Bank is poised to get a new president in 2023, as David Malpass announced his departure on Wednesday.