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Friday, April 18, 2025

World

Adani Ports and SEZ commences operations at Colombo West Terminal

Colombo: Adani Ports and Special Economic Zone (APSEZ) has officially commenced operations at the Colombo West International Terminal (CWIT), days after the Sri Lanka visit of Indian Prime Minister...

US to consider TikTok proposal on Apr 2 – Reports

Washington: The United States will consider a final proposal over a potential TikTok deal on April 2, the...

IMF predicts minor downward adjustment in global economy growth due to tariffs – Georgieva

Washington: The International Monetary Fund (IMF) in its upcoming World Economic Outlook report forecasts a slight decline in...

Japan to inject hefty funding for chipmaker Rapidus

Tokyo: Japan's Ministry of Economy, Trade and Industry announced Monday that it will provide up to 802.5 billion...

US public finances face deteriorating outlook, says Moody’s

Washington: America's "fiscal strength is on course for a continued multiyear decline," the Financial Times reported, citing credit...
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Ford planning to cut 3,200 jobs at German factory – Reports

Berlin: US automaker Ford will cut 3,200 jobs at its factory in the German city of Cologne, German media reported.According to the IG Metall...

Spotify to cut 6 pct of global workforce

San Francisco: Music streaming service company Spotify announced on Monday that it will lay off about 6 percent of its global workforce, impacting some...

Twitter Lost 80 pc of its workforce under Elon Musk – Reports

Washington: The number of employees at Twitter has decreased by about 80% since US entrepreneur Elon Musk’s multibillion-dollar acquisition, CNBC reports citing internal company...

Amazon overtakes Apple as world’s most valuable brand despite losing $51bln

Washington: Amazon has reclaimed top spot as the world's most valuable brand despite losing $51 billion this year, or 15% of its value, according...

Microsoft to fire approximately 11,000 workers amid slowing world economy – Reports

Washington: US tech giant Microsoft is set to fire approximately 11,000 workers to address the impacts of a slowing world economy, Sky News reported.The...

Fast food giant McDonalds to make job cuts: Reports

Washington: Fast food titan McDonald's is planning to cut some of its corporate staff, CNN reported citing a company memorandum."We will evaluate roles and...
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