Finance Minister Nirmala Sitharaman on Thursday (Feb 1) announced that a corpus of ₹1 Lakh Crore (or…
Tag: Business & Economy News
UPS says it will cut 12,000 jobs, closes challenging year
Logistics giant UPS said Tuesday it would cut about 12,000 jobs worldwide, shortly after reporting quarterly revenues that…
IMF grants Argentina extension on $44 bn loan review, allowing for further reforms
The International Monetary Fund (IMF) has granted Argentina a two-month extension for the final review of…
Malaysia contemplates legal action against foreign banks in 1MDB scandal fallout
Malaysia is exploring the possibility of initiating legal proceedings against foreign banks implicated in the massive…
Walmart raises wages for US store managers starting February
Walmart, the retail giant, announced on Thursday its decision to increase the annual average salary and…
Macy’s Initiates Streamlining Effort: 2,350 Job cuts & 5 store closures disclosed
Macy’s, the US department store chain, has revealed plans to cut 2,350 jobs and shut five…
Exclusive: First look of Air India A350 that breathes luxury and comfort
Air India showcased its first A350 to the world on Thursday (Jan 18) at the Begumpet Airport in…
Tata Steel may cut thousands of jobs in Wales: Report
Tata Steel is planning to cut around 3000 jobs at a plant in Wales in the…
Global banks poised for a $7 trillion valuation surge in 5 years: BCG Study
In a recent report, the Boston Consulting Group (BCG) has outlined a potential $7 trillion surge…
Microsoft Unveils Copilot Pro: A $20 AI subscription for consumers and small businesses
Microsoft on Monday announced the launch of Copilot Pro, an artificial intelligence subscription priced at $20…
