Sri Lanka’s central bank governor Nandalal Weerasinghe announced on Sunday that the country’s “dollar crisis” will soon be over, as the International Monetary Fund (IMF) is expected to approve a $2.9 billion bailout package for the country on Monday. According to Weerasinghe, Sri Lanka will now have sufficient foreign reserves to support essential imports, thanks […]
Starlink, the well-known satellite internet company, has announced the release of its global internet package, which will allow users to connect to the internet from anywhere in the world. Priced at $200 per month, this new package is a step up from the regional access mode previously offered by Starlink, which only allowed users to […]
WhatsApp, the popular messaging app owned by Meta, is reportedly working on a new feature to enhance the user experience. According to a report by app-tracking website WaBetaInfo, the chat attachment menu is being redesigned to offer a more modern and intuitive experience for users. The feature is currently under development and will be available […]
The biggest banks in the United States have shifted to shore up First Republic Bank in an endeavor to alleviate suspicions that the provincial lender could be next one to collapse after the second-largest banking spill in US history. A company of 11 private US banks, comprising Bank of America, Citigroup and JPMorgan Chase, declared […]
The verdict Communist Party of China is founding committees to supervise finance and tech, condition media declared openly on Thursday. The differences arrive as Chinese President Xi glimpses harmony under the reception as crucial for facility up the nation. That discerns with an inclination of Chinese administrators in history decades to commission more energy to the […]
Guyana President Dr Mohamed Irfaan Ali commended India for its leadership in advancing the objectives of the International Year of Millets at the Global Millets (Shree Anna) Conference in New Delhi on Saturday. India is the largest millet producer globally and is taking global leadership in addressing the global challenge of food and security by […]
Foxconn, which is the world’s largest technology manufacturer and service provider, recently announced its plans to reduce production in mainland China. The company’s chairman revealed that while almost 70% of its current income comes from mainland China, it aims to increase its share market outside of China in the future. Foxconn plans to hire 100,000 […]
Dubai-based shopping mall developer, Majid Al Futtaim (MAF) group, has recently laid off approximately 105 workers out of its 46,000 total staff. The move was made to increase the company’s profitability under its new CEO, Ahmed Galal Ismail. It is worth noting that MAF owns assets worth over $16 billion, including the Mall of the […]
Twitter has recently released a new educational course for video creators named ‘Unskippable.’ The 8-part video series is designed to teach creators how to create engaging and attention-grabbing promo videos that stand out. The name ‘Unskippable’ suggests that the course will equip video creators with skills to make videos that are made with such finesse […]
British Finance Minister Jeremy Hunt declared Wednesday that the U.K. economy would not penetrate a specialized slump in 2023, as was formerly foreseen. The revised viewpoint was founded on recent projections from the autonomous Office for Budget Responsibility, Hunt declared. A specialized recession takes place when a government observes two successive quarters of squeezes in […]