Category: Business
IMF approves much-awaited $3 billion bailout for Pakistan, saving it from defaulting on debt
The International Monetary Fund authorized a much-anticipated $3 billion bailout for Pakistan on Wednesday, according to the global lender, a decision that is expected to ... Read More
New Zealand dips into recession, putting rate hikes in doubt
According to figures released on Thursday, New Zealand's economy contracted in the first quarter, resulting in a recession. This decreased the likelihood that the central ... Read More
In order to form a new business led by Vince McMahon and Ari Emanuel, WWE and UFC decide to unite.
The UFC and Vince McMahon's World Wrestling Entertainment have decided to combine to create a new publicly traded business that will be governed by Endeavor ... Read More
Following the financial crisis, Crypto-focused bank Silvergate is ceasing business and liquidating.
Silvergate Capital, a crypto sector lender, is winding down operations and liquidating its bank. Along with New York-based Signature Bank, the company has functioned as ... Read More
The largest strike to hit Britain in almost a decade caused rail networks to be interrupted and schools to close.
Due to industrial disputes over wages and working conditions, over half a million British workers are scheduled to go on strike until Wednesday. 300,000 teachers ... Read More
Meta instructed to review the regulatory framework for EU personalized advertisements.
Facebook and Instagram have been penalized 390 million euros ($414 million) by the EU's primary privacy regulator, Meta, for breaches involving user data. Meta, the ... Read More
Global headwinds cause the post-pandemic recovery to stall down as unemployment in the Eurozone reaches a record low.
Unemployment levels in the eurozone reached a record low of 6.5% in October, marking the lowest since Eurostat began tracking unemployment rates in April 1998. ... Read More
As demand declines, Apple reduces its production of new iPhones by 3 million units.
Apple is expected to manufacture 87 million iPhone 14 devices this year, down from the original goal of 90 million, which is at least three ... Read More
S&P further lowers Russia’s rating into junk status
Russia's credit rating was further downgraded by ratings agency S&P Global on Thursday due to increased default risk brought on by new international sanctions brought ... Read More
Diplomat. Ethiopia begins producing energy at the mega-dam on the Blue Nile.
Ethiopia views the Grand Ethiopian Renaissance Dam as crucial to its development, whereas Sudan and Egypt saw it as a threat. diplomat. Ethiopia's Grand Ethiopian ... Read More
Everglade halts trading of its Hong Kong shares as it looks to raise money.
Crisis-stricken As investors await word on Everglade’s reorganization plan, the massive The stock exchange was not given an explanation for the trading stop in the ... Read More
Philippines’ inflation surges to a record high, raising hopes for additional rate increases.
According to figures from the Philippines Statistics Authority, the country's annual inflation rate for November increased by 8% year over year, making it the greatest ... Read More
DBPS: Pioneering the Digital Frontier as the Top Digital Marketing Agency in Bangladesh
As Bangladesh’s leading digital marketing agency, DBPS has made a name for itself in the fast-paced business. With its extensive service portfolio, deep technological competence, ... Read More
Treetop Cloud Soars to New Heights as a Leading Tech Solution Provider in Dhaka
Treetop Cloud, a dynamic and innovative tech company headquartered in Dhaka, is making waves as a leading solution provider across a spectrum of services. With ... Read More
Visa Makes Waves with Crypto Payments and Global Wallet Expansion: A Two-Pronged Attack on the Future of Finance
Visa, the global payments giant, is making headlines with two major initiatives that signal its ambitious vision for the future of finance: embracing cryptocurrency payments ... Read More
Dubai Metro: Perfect Transportation System for Dubai City
The Dubai Metro is a rapid transit rail network in the city of Dubai, United Arab Emirates. It is currently operated by a consortium of ... Read More
Top 5 Superstores in the world
Walmart (United States): Walmart is one of the largest retail chains in the world, operating thousands of stores globally. It offers a wide range of products, ... Read More
Top 6 Banks in the USA – 2015
JPMorgan Chase reigns supreme as the undisputed king of American banking, boasting a staggering $3.38 trillion in consolidated assets. This financial behemoth excels in investment ... Read More
Top 5 Airplane Companies on the Planet
Boeing: Boeing is one of the largest and most well-known aerospace companies globally. It produces a wide range of commercial and military aircraft, including the ... Read More