Economy
World / Countries / MNCs
Apple has overtaken South Korean technological giant Samsung as the world’s top smartphone seller. more
World Economic Forum Report says global economic prospects remain subdued and fraught with uncertainty amid ongoing geopolitical rifts, AI advancement

Global economic prospects remain subdued and fraught with uncertainty, according to the latest Chief Economists Outlook released today, as the global economy continues to grapple with hea ...

Reports says world’s five richest men more than doubled their fortunes since 2020

The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five bil ...

China's export drops for first time in seven years

China's exports are witnessing a downfall for the first time since 2016 after demand for Chinese-made goods slowed down, media reports said.

Tech giant Google slashes several hundred jobs across multiple divisions, workers union calls move 'needless'

Tech giant Google has slashed several hundred jobs, across multiple divisions, including engineering and services, on Wednesday, media reports said.

Several world's top banks laid off over 60,000 employees in 2023

Twenty of the world's largest banks laid off more than 60,000 employees in 2023, marking one of the worst years for job cuts since the 2007-2008 financial crisis, the Financial Times ...

American firm Wayfair's CEO tells employees to work for long hours

Indian-American CEO of a US-based online furniture company has sent a special message to its employees after the firm yielded profitable results.

Sacked Open AI CEO Sam Altman to join Microsoft, Satya Nadella announces

Open AI's former CEO Sam Altman and former president Greg Brockman are joining Microsoft to lead a new team for advanced research in Artificial Intelligence, Satya Nadella announced M ...

India's wholesale inflation remains in negative zone in October

Remaining in the negative zone, India's wholesale inflation dropped to - 0.52% in October 2023, as against - 0.26% in the previous month.

WeWork Inc: Co-working firm files for bankruptcy in USA

After years of struggle, co-working startup WeWork Inc has filed for bankruptcy in the USA.