Friday, December 27, 2024

BUSINESS/ECONOMY

US Federal Reserve keeps interest rate unchanged

Washington, Feb 1 (IANS) The US Federal Reserve Bank has kept the interest rate unchanged for the fourth consecutive time after its customary two-day...

US judge rules Elon Musk’s $56bn pay package is unfair, flawed

San Francisco, Jan 31 (IANS) A US judge has ruled that Elon Musk’s $56 billion pay package is unfair and the Tesla board will...

Bayer shares slump after court order to pay $2.25bn in damages for cancer-causing weed...

San Francisco, Jan 30 (IANS) The shares of German pharmaceutical and agricultural company Bayer have plummeted after the court ordered it to pay $2.25...

IMF forecasts ‘soft landing’ for global economy, upgrades India

Washington, Jan 30 (IANS) The International Monetary Fund (IMF) on Tuesday forecast a "soft landing" for the global economy hammered in recent years by...

Investments in India can give US companies high returns: Rajnath Singh

New Delhi, Jan 30 (IANS) Capital and technological know-how from the US can help India achieve its goal of becoming a developed country by...

TechCrunch lays off several employees, including managing editors

New Delhi, Jan 30 (IANS) US-based news website focused on high-tech and startup companies TechCrunch has laid off several employees, including managing editors. Matt Burns,...

Salesforce joins big tech layoffs, to cut 700 jobs

New Delhi, Jan 26 (IANS) Enterprise software major Salesforce has become the latest tech company to make job cuts, according to a media report...

Western Australia interested in Indian nurses, investments: Deputy Premier

Chennai, Jan 25 (IANS) Western Australia, the largest state of the country, is interested in having Indian nurses and paramedical staff to serve there...

Tata partners with Airbus to make helicopters

New Delhi, Jan 26 (IANS) The Tata Group and France's Airbus have signed an agreement to manufacture H125 helicopters "with a significant indigenous component"...

Microsoft lays off 1,900 employees from gaming division

San Francisco, Jan 25 (IANS) Microsoft is laying off at least 1,900 employees at gaming company Activision Blizzard it acquired recently, as well as...