Bussiness

OECD lifts global growth outlook as US, China outperform expectations

Posted by May 2, 2024

Paris-based organisation predicts global economy to expand by 3.1 percent this year and 3.2 percent in 2025.The Organisation for Economic Co-operation and Devel

Read More

Whistle­blow­er who accused Boeing supplier of ignoring defects dies

Posted by May 2, 2024

Former Spirit AeroSystems employee Joshua Dean dies after sudden illness, family says.A whistleblower who accused a Boeing supplier of ignoring defects in the p

Read More

Seafarers pay the price for the murky business of ship…

Posted by May 1, 2024

On April 13, the naval forces of Iran’s Islamic Revolutionary Guard Corps seized a Portuguese-flagged container ship, the MSC Aries, in the Strait of Hormuz a

Read More

Malaysia’s Anwar unveils record public pay hike amid ringgit’s slide

Posted by May 1, 2024

Malaysian Prime Minister Anwar Ibrahim says pay hike of more than 13 percent will be ‘best increase in history’.Malaysian Prime Minister Anwar Ibrahim has a

Read More

China’s revised state secrets law has come into force. Here’s…

Posted by May 1, 2024

EXPLAINERTaiwan warn its citizens against travelling to China amid fears new law could be used to punish regular business activities.A revised state secrets law

Read More

US to reclassify marijuana as less dangerous drug in historic…

Posted by May 1, 2024

Shares of cannabis companies surge as much as 80 percent after move to classify drug as schedule three substance.The United States has moved to reclassify marij

Read More

Why is Japan’s yen falling and why is it so…

Posted by April 30, 2024

The weakness of the Japanese yen is in the spotlight again after its latest tumble in value. On Monday, the currency sank to 160.17 against the US dollar, its l

Read More

‘Country is doing well’: Why jobless young Indians are still…

Posted by April 30, 2024

Patna, Bihar – Sanjeev Kumar is 27 and jobless – a desperate situation compounded by his car salesman father’s imminent retirement in a few years. The bus

Read More

Australia’s budget airline Bonza cancels all flights, stranding passengers

Posted by April 30, 2024

Chief executive Tim Jordan says flights suspended amid discussions on ‘ongoing viability of the business’.Australia’s low-cost airline Bonza has suspended

Read More

Japan’s yen plunges to lowest level against the dollar since…

Posted by April 29, 2024

Japanese currency sinks to 160.17 per dollar, the lowest since April 1990.The Japanese yen has slumped to a 34-year low against the United States dollar. The ye

Read More

Spain prosecutor seeks dismissal of corruption case against Sanchez’s wife

Posted by April 25, 2024

The anticorruption group behind the complaint against Begona Gomez over alleged influence peddling and business corruption says it cannot vouch for the veracity

Read More

Vietnam jails soft drinks tycoon for eight years in $40m…

Posted by April 25, 2024

Tran Qui Thanh was found guilty of scamming investors over loans issued in 2019 and 2020.Vietnam’s top soft drinks tycoon was jailed for eight years on Thurs

Read More