Current Affairs
US currency could lose another 10 pc by end of 2026: Morgan Stanley report
New Delhi: The value of the US dollar against other currencies dropped about 11 per cent in the first half of this year as per the Morgan Stanley report.The...
Business
Australia, Vanuatu agree to A$500m security, business deal
Sydney: Australia and Vanuatu have agreed to a ten-year deal, aimed at strengthening security and economic ties, worth...
Business
US public debt tops 37 trln USD
New York: U.S. total public debt exceeded 37 trillion U.S. dollars, according to data issued by the U.S....
Business
ADB approves 400 mln USD loan to boost Philippines’ food security
Manila: The Asian Development Bank (ADB) on Wednesday said it has approved a loan of 400 million U.S....
Business
Microsoft set to shut down its ‘Lens App’ amid AI taking centre stage
New Delhi: Microsoft announced that the tech giant will remove its ‘Lens app’ from the Apple App Store...
Elon Musk says met with house leaders McCarthy, Jeffries to discuss fairness on twitter
Washington: Twitter CEO Elon Musk said he met with US House Speaker Kevin McCarthy and House Democratic leader Hakeem Jeffries to discuss ensuring Twitter...
Tesla reports Q4 results with record revenue, net income
San Francisco: Top U.S. electric automaker Tesla Inc. on Wednesday reported its financial results for the fourth quarter of 2022 with record revenue, net...
World output growth projected to decelerate in 2023: UN Report
New Delhi: World output growth is projected to decelerate from an estimated 3.0 per cent in 2022 to 1.9 per cent in 2023, marking...
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...