Business
Elon Musk awarded US$29 billion pay package from Tesla
New York: In a significant development, the board of American automaker Tesla has agreed to give its CEO Elon Musk another huge pay package worth about US$29 billion.The company’s...
Business
IMF upgrades global growth forecast as tariffs ease
New York: The International Monetary Fund (IMF) has predicted stronger global economic growth than it forecast in April...
Business
Italy and IMEC: Increasing Engagement through cooperation and peace
Italy is positioning itself as a key player in the emerging India-Middle East-Europe Economic Corridor (IMEC), with senior...
Business
Tesla to hold shareholder vote on whether to invest in xAI
New York, July 15 (UNI) Tesla will hold a shareholder vote on whether Elon Musk’s carmaker should invest...
Business
IMF board enables disbursement of about $500 mln to Ukraine – Statement
Washington: The IMF Board has approved a nearly $500 million disbursement to Ukraine following a review of the...
Bitcoin tops $77,000 for first time in history
Moscow: The Bitcoin cryptocurrency surged to an all-time high on Friday, rising above $77,000, according to trading data from the Binance Cryptocurrency Exchange.The maximum...
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,...
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 certified by the Dubai Educational Authority...
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 (Ireland) Designated Activity Company and Wilmington...
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 in Texas, the company said in...
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 its workforce as it struggles to...