Business
IMF maintains 2024 global growth forecast at 3.2 pc
Washington: The International Monetary Fund (IMF) on Tuesday maintained its global growth forecast in 2024 at 3.2 percent, consistent with its projection in July, its newly released World Economic...
Business
Swiss International University Acquires ISI Swiss International Vocational Institute in Dubai, Expanding Practical Training
Swiss International University announced the acquisition of the ISI Swiss International Vocational Institute in Dubai, an important step...
Business
SpiceJet settles $23.39 mln dispute with Aircastle and Wilmington Trust
New Delhi: Low-cost carrier SpiceJet on Tuesday said that it has settled a $23.39 million dispute with Aircastle...
Business
SpaceX says expects to receive federal approval to launch fifth Starship test flight
Washington: SpaceX expects to receive federal regulatory approval to launch its fifth Starship Super Heavy rocket this weekend...
Business
Boeing says plans to reduce size of total workforce by roughly 10%
Washington: Boeing President and CEO Kelly Ortberg notified employees that the company is laying off roughly 10% of...
Twitter to make job cuts after Musk takeover
Los Angeles: Twitter says it will inform its staff about whether they will be laid off following the firm's takeover by Elon Musk.In an...
Musk denies plans to fire workers to avoid payouts
New York: Elon Musk has denied a New York Times report that he plans to lay off Twitter workers before the start of next...
Elon Musk completes $44bn Twitter takeover
San Francisco: The world's richest man, Elon Musk, has completed his $44bn takeover of Twitter, according to US media and an investor in the...
Samsung names convicted heir to top job
Seoul: South Korean electronics giant Samsung on Thursday named convicted heir and de facto boss Lee Jae-yong as its executive chairman."The Board cited the...
Lanka IOC revenues, profits soar
Colombo: The revenues and the profits of Lanka Indian Oil Corp (LIOC) soared after authorities implemented a cost-reflective pricing formula for fuel and restored...
Japanese yen touches 32-year low
Tokyo: The Japanese yen touched a 32-year low against the US dollar after official figures showed that prices had risen faster that expected in...