World / Countries / MNCs
Islamabad: The Pakistani Rupee plunged further on Friday to touch Rs 276.58 per dollar in the interbank market, media reports said on Fridayl. more
Pakistan's inflation touches record high figure of 27.6 pct

Islamabad: Pakistan's annual inflation, measured by the Consumer Price Index (CPI), spiked to a decades-high level of 27.55 per cent in January, compared to 24.5pc in the previous mon ...

IMF approves 4.7 bln USD loans for Bangladesh

Dhaka: The Executive Board of the International Monetary Fund (IMF) has approved 3.3 billion U.S. dollars under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) agr ...

Philips to scrap 6,000 jobs in its bid to improve profitability

Amsterdam:  Dutch health technology company Philips on Monday said it will scrap 6000 jobs to restore the company's profitability, media reports said.

US H-1B visa applications for skilled workers to start from March 1

Washington: The U.S. Citizenship and Immigration Services on Sunday announced that the initial registration period for the fiscal year 2024 H-1B cap will open on Mar 1 and will continue t ...

US fund managers turning away from China, looking to Europe for growth

New York: Top US investment management firms are currently engaged in hiring in Europe as China's earlier followed strict Zero COVID policy and rising geopolitical tensions have pushe ...

Ford planning to reduce 3,200 jobs at German factory: Reports

Berlin: US automaker Ford will cut 3,200 jobs at its factory in the German city of Cologne, German media reported.

Spotify to slash 6 pct of global workforce

San Francisco: Music streaming service company Spotify announced on Monday that it will lay off about 6 percent of its global workforce, impacting some 600 employees.

Report shows Kenya’s reliance on China proves to be a sour experience

Nairobi: Kenya's over-dependence on China is slowly leading to trouble, experts believe.

Economic slowdown may force workers into ‘lower quality’ jobs

New York: Finding a decent and well-paid job is likely to be harder this year, thanks to the continuing global economic downturn, the UN labour agency said on Monday.