Category:

Business

PM Modi reshapes India’s economic trajectory

Prime Minister Narendra Modi’s tenure witnessed a paradigm shift in India’s economic landscape, catapulting the nation …

Tech industry sees 32,000 job cuts in ongoing layoff wave

In a continuation of an unsettling trend, the tech industry is facing yet another wave …

MENA witnesses $10.7 billion from 48 IPOs in 2023

The Middle East and North Africa (MENA) region experienced a remarkable surge in initial public …

Snap Inc. announces 10% workforce reduction, impacting 500 jobs

In a significant strategic move, Snap Inc., the parent company of Snapchat, has announced its intention to …

Geopolitical pressures hamper China’s quest for self-sufficiency

Chinese authorities are taking measures to boost bank lending and equity markets. However, it seems …

Modi’s visionary policies propel India to target 8% GDP growth

India is on the cusp of achieving remarkable annual GDP growth of up to 8% …

Deutsche Bank to slash 3,500 jobs amidst $4.5 billion profit

In a surprising move, Deutsche Bank has declared its intention to cut 3,500 jobs as part of …

Stocks fluctuate as Fed holds rates steady

The U.S. stock market exhibited fluctuations as the Federal Reserve opted to hold key interest rates steady …

Samsung reports a 34.57% decline in Q4 operating profit

Samsung Electronics, the world’s leading producer of dynamic random-access memory chips, has reported a 34.57% …

UPS reports disappointing Q4 earnings and reveals 12,000 job cuts

United Parcel Service (UPS) reported a significant drop in shipping volume, both domestically and internationally, in …

Tech stocks drive Norway’s sovereign fund to $213 billion profit

Norway’s colossal sovereign wealth fund announced a groundbreaking achievement on Tuesday, as it revealed a …

IMF’s 2024 global growth forecast highlights U.S. resilience

The International Monetary Fund (IMF) has revised its global growth projection for 2024, increasing it by 0.2 …