Amid China’s real estate crisis, Evergrande seeks US bankruptcy protection.
Property giant Evergrande has sought bankruptcy protection in the US amidst China’s escalating real estate…
Business
Russia increases interest rates to 12% due to the plummeting rouble value.
Russia has increased its interest rates to 12% as a response to the rouble’s decline…
Because of the recovery in travel, the IMF is optimistic about the global economy.
The “International Monetary Fund (IMF)” has raised its growth forecast for the global economy to…
Bank of America was penalised for unauthorised accounts and excessive fees
“Bank of America” has been directed to pay $150 million in penalties after it was…
Bluesky, a Twitter competitor, reveals plans for content moderation
Former Twitter CEO and co-founder Jack Dorsey is backing the decentralised social media platform Bluesky,…
Grab, the top Southeast Asian “ride-hailing” company, slashes 1,000 jobs
Grab, the leading “ride-hailing and food delivery” app in Southeast Asia, has announced plans to…
Clop hackers reveal victim identities on the dark web
A cybercrime group known as Clop has recently exposed the identities and company information of…
A US judge temporarily halts “Microsoft-Activision’s $69 billion deal.”
A judge has approved a request by US regulators to temporarily halt Microsoft’s $69 billion…
Ivan Menezes, CEO of Diageo, passed away at age 63 following a brief illness.
The long-serving CEO of Diageo, the largest producer of spirits in the world, Sir Ivan…
China became the “world’s biggest car exporter” in the world.
According to a report, China said the country became the “biggest car exporter” in the…