World
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Samsung logs double-digit revenue growth in Q2
Seoul: Samsung Electronics, South Korea’s tech giant, saw a double-digit growth in its second-quarter earnings, the company said Thursday. Consolidated…
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European Central Bank raises interest rates
London: In an attempt to reign in inflation, the European Central Bank on Thursday announced it would hike its key…
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Ford to cut several thousand jobs in transition to electric: Report
New York: US carmaker Ford is planning to cut several thousand jobs to trim costs to work on the company’s…
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Pakistan-IMF reach staff-level agreement for release of $1.17bn loan tranche
Islamabad: The International Monetary Fund (IMF) and Pakistan have reached a staff-level agreement on the combined seventh and eighth reviews…
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WEF reports that Pakistan second-worst country on Global Gender Gap Index
Islamabad: Pakistan has been ranked as the second-worst country in terms of gender parity, and placed 145 out of 146…
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Twitter sues Elon Musk over $44bn deal
Washington: Twitter has filed lawsuit against Tesla CEO Elon Musk to force him to buy the social media firm. This…
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Twitter calls Musk’s merger withdrawal ‘Invalid’
Washington: Twitter has said the pullout of the $44 billion purchase deal by Tesla CEO Elon Musk is “invalid and…
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Sri Lanka tea industry may shut down
Colombo: Worsening fuel crisis and other shocks are threatening to close down Sri Lanka’s famous tea industry, putting much needed…
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China’s Honor suspends smartphones to Russia
Beijing: The Chinese company Honor has suspended official supplies of smartphones to Russia while there was no official announcement on…
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PayPal allows cryptocurrency transfers to other wallets, exchanges
New York: PayPal said its users will be able to transfer digital coins from their accounts to other wallets and…
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