Economy
World / Countries / MNCs
Open AI's former CEO Sam Altman and former president Greg Brockman are joining Microsoft to lead a new team for advanced research in Artificial Intelligence, Satya Nadella announced Monday. more
India's wholesale inflation remains in negative zone in October

Remaining in the negative zone, India's wholesale inflation dropped to - 0.52% in October 2023, as against - 0.26% in the previous month.

WeWork Inc: Co-working firm files for bankruptcy in USA

After years of struggle, co-working startup WeWork Inc has filed for bankruptcy in the USA.

Global leaders call for action to meet ambitious development boost

UN Secretary-General António Guterres on Monday called for increased action to deliver $500 billion a year in affordable, long-term financing to developing countries at the eighth ...

Microsoft acquires Activision Blizzard in a mega $69 billion deal

London: Microsoft has successfully finalized its $69 billion acquisition of Activision Blizzard, marking a significant move in the video game industry, Bloomberg reported.

JP Morgan's Q3 profit grows riding on soaring NII,First Republic Bank purchase

New York: JPMorgan Chase reported an increase in its third-quarter profit, boosted by higher interest payments and the acquisition of First Republic Bank, Reuters reported.

UN chief proposes $3.3 billion budget for 2024

UN Secretary-General António Guterres on Tuesday introduced a $3.3 billion programme budget for the Organization in 2024, amidst an array of global challenges ranging from conflict ...

Global economy a mixed bag, horizon uncertain: UNCTAD

The global economy is at “a critical juncture”, with some economies thriving and expanding, while others falter and slow down, the UN’s trade and development body said o ...

Uzbekistan: Doing business will become easier and more profitable

Over the past seven years, entrepreneurship has become a priority in Uzbekistan's policy. It is evident how much attention the government dedicates to this area.

Annual cost for reaching the SDGs? More than $5 trillion

The cost of achieving ambitious sustainable development targets is estimated at between $5.4 and $6.4 trillion per year between now and 2030, UN economists said on Tuesday.