World Bank forecasts Sri Lankan economy to grow 1.7%
Colombo, Jan 10 (IANS) The World Bank forecasts the Sri Lankan economy to grow by 1.7 per cent in 2024 and by 2.4 per...
Amazon to lay off hundreds in its Prime Video, MGM Studios
San Francisco, Jan 10 (IANS) Amazon is reportedly laying off several hundreds of employees in its Prime Video and MGM Studios.
Mike Hopkins, Senior Vice...
Former Twitter CEO Parag Agrawal raises $30mn for his AI startup
San Francisco, Jan 9 (IANS) Former Indian-origin Twitter CEO Parag Agrawal has entered the artificial intelligence (AI) race, with reportedly raising $30 million for...
Investors warn govts over high levels of public debt
London, Jan 9 (IANS) Investors around the world are warning governments over “unmoored” levels of public debt, saying that excessive pre-election borrowing promises risk...
World Bank sees global growth slowing for 3rd straight year in 2024
Washington, Jan 9 (IANS) The World Bank has forecast a bleak outlook for the global economy with growth expected to slow down for a...
After JP Morgan, Bloomberg looks to put Indian govt bonds on its global index
New Delhi, Jan 9 (IANS) Government of India bonds are likely to get a further boost with global financial advisory firm Bloomberg, proposing their...
Boeing stocks drop sharply after Alaska Airlines incident
London, Jan 8 (IANS) Shares of Boeing and one of its key suppliers dropped sharply on Monday as investors grew worried about possible damage...
Tesla recalls 1.6mn cars in China, lowers Model Y, S and X range
San Francisco, Jan 5 (IANS) Elon Musk-run Tesla is recalling 1.6 million vehicles in China, its largest-ever recall in the country, to fix its...
India’s GDP to touch $4tn ahead of Lok Sabbha polls: Piyush Goyal
New Delhi, Dec 3 (IANS) India will become a $4 trillion economy before the Lok Sabha elections and in 2 to 2.5 years, it...
Hyundai, Kia sales rise to record levels in 2023
Seoul, Jan 3 (IANS) Hyundai Motor, South Korea's biggest carmaker, said on Wednesday that its 2023 sales rose 6.9 per cent from a year...
