Economy
World / Countries / MNCs
Dhaka: The Bangladesh government has cited global hike as the reason behind rising prices of  fuel oil, media reports said on Saturday. more
Stabilising Chinese economy: Shanghai offers over 5,000 postdoctoral posts

Shanghai: Shanghai has offered vacancies for 5,157 postdoctoral positions with the highest annual salary going up to 7,00,000 yuan as an attempt to stabilise the economy of China.

Sudan: World Bank provides $100 million in emergency support

New York: The UN World Food Programme (WFP) in Sudan has received a $100 million contribution from the World Bank to assist with critical emergency cash and food sustenance in Sudan.

Global economy: Outlook worsens as global recession looms – IMF

New York: Still reeling from the COVID pandemic and Russia’s invasion of Ukraine, the global economy is facing an increasingly murky and uncertain outlook, according to the latest r ...

Guterres hails ‘critical step forward’ on resuming Ukraine grain exports

New York: The UN chief on Wednesday described progress between Russia and Ukraine on allowing the resumption of grain exports during UN-brokered talks in Türkiye, as a “ray of ...

Inflation in Austria to exceed 7 pct for first time since 1970s oil crisis

Vienna: Austria's inflation rate this year will peak at 7.6%, hitting the record since the global oil crisis of 1970s, according to an inflation forecast published by the Austrian Nat ...

Joe Biden urges US gas stations to lower prices

Washington/UNI/Sputnik: US President Joe Biden sought on Saturday to persuade companies "setting prices at the pump" to lower their charges immediately as his administration str ...

Sustainable blue economy vital for small countries and coastal populations

New York: With the livelihoods of about 40 per cent of the world’s population living at or near a coast, the second day of the UN Ocean Conference under way in Lisbon focused on str ...

Kuwait, Qatar feeling burning heat of rising inflation

Doha: Qatar, a major nation in the Middle East, is also facing the same crisis as faced by several nations across the globe as retail inflation showed an upward trend in May.

Afghanistan: World Bank provides $150 million lifeline to stem rural hunger

New York: A critical $150 million dollar lifeline for rural families in Afghanistan was announced by the World Bank on Monday, part of an overall package of $195 million, for critical liv ...