Adani flagship stock rises by 15% post announcement of loan repayment
Following the founders of the company paying off some debt and speculators covering short positions, Adani Enterprises Ltd. soared, driving increases in the group’s stocks....
Tag : World Business News
Gautam Adani loses $34bn in 3 days, moves down to 11th richest man
In the event that shares in his business continue to decline, Gautam Adani may soon lose his position as Asia’s richest person and fall outside...
Goldman Sachs likely to lay 3,200 employees post cost review
According to two people familiar with the decision, Goldman Sachs Group will begin laying off thousands of employees starting on Wednesday as it braces for...
Jack Ma likely to quit China’s Ant Group
The Chinese fintech behemoth Ant Group announced on Saturday that its founder Jack Ma will no longer be in charge of the company as it...
Elon Musk reassures employees amid falling valuation of Tesla stocks
Elon Musk, the CEO of Tesla Inc., advised staff not to be “bothered by stock market buffer” after the company’s shares dropped over 70% this...
Canada job vacancy falls by 3.3%, first decline since pandemic
For the first time since the epidemic, the number of open vacant positions in Canada decreased, easing from record highs and signaling a potential turning...
Joe Biden to seek $1.1 billion from Congress for arms sale with Taiwan: report
In light of the escalating tensions with China, Politico reported on Monday that the Joe Biden administration intends to seek the US Congress to approve...
Elon Musk mother reveals “I sleep in the garage when I visit my son in Texas”
Mother of Tesla CEO Elon Musk, Maye Musk, recently disclosed that she stays with her millionaire son while visiting him in Texas, United States, and...
Pakistan imports waste from US, UK, Saudi Arabia among other countries: Report
Pakistan has recently been under acute economic turmoil, and now the country faces another challenge that needs to be dealt with. During a standing committee...
India and UK to conduct 5th round of talks for FTA deal in July
On Monday morning, the high command officials of India and UK stated that they are going to conduct 5th round of talks for a trade...