Economy
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Tech major Google has said it will soon be manufacturing Pixel smartphones and drones in India. more
Oreo cookies maker Mondelez International slapped USD 366 million fine for rigging European market

The European Commission has fined US-based food company Mondelez International, the maker of Oreo biscuits and Cadbury Dairy Milk chocolate, for hindering the cross-border trade of chocol ...

World Economic Situation and Prospects report shows global economic growth improves but ‘downsides’ lurk

The global economic picture has improved since January, but vulnerabilities remain, the mid-year update of the World Economic Situation and Prospects report published on Thursday has reve ...

Automobile giant Tesla likely to remove 10 percent of its workforce

Automobile major Tesla will remove 10 per cent of its global electric vehicle workforce.

Crypto market tanks amid Middle East crisis

The crypto market witnessed a significant drop with several altcoins plunging by double digits in response to the current Middle East crisis triggered by Iran's attack on Israel on Sa ...

Elon Musk's Tesla inks strategic deal with India's Tata Electronics to procure semi-conductor chips

Elon Musk-owned American brand Tesla has signed a strategic deal with Tata Electronics to procure semiconductor chips for its worldwide operations, media reports said.

Apple plans to reduce 614 workers in California

Tech major Apple has decided to lay off 614 workers in California, marking the first significant round of job cuts since pandemic, media reports said.

Tech major Apple to open its new Shanghai store on Thursday

Tech major Apple recently previewed Apple Jing’an, located near Jing’an Temple and Jing’an Park in Shanghai, giving Chinese consumers a new option to buy the devices.

Cosmetic major The BodyShop ceases US operations and shuts down 33 stores in Canada

UK-based cosmetic brand The Body Shop, which recently filed for bankruptcy, will cease its operation in the US and will shut down several stores in Canada.

Japanese Nikon to acquire US movie camera manufacturer RED Digital Cinema

Japanese camera maker Nikon Corporation (Nikon) on Thursday announced it has agreed to acquire high-end US movie camera manufacturer RED Digital Cinema.