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Category Archives: Economy

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Nepal lifts TikTok ban after blocking app over ‘social harmony’ concerns

Posted on August 23, 2024 by Admin
Move comes weeks after Prime Minister KP Sharma Oli was sworn into office following collapse of previous government.
Posted in Economy

Canada intervenes to end freight rail shutdown triggered by labour dispute

Posted on August 22, 2024 by Admin
Ottawa orders railroads to enter arbitration with labour union to avert prolonged disruption to services.
Posted in Economy

Andrew and Tristan Tate detained in Romania in new trafficking probe

Posted on August 21, 2024 by Admin
Romanian authorities say probe relates to alleged crimes including human trafficking and sex with a minor.
Posted in Economy

US orders inspections of Boeing 787 planes following midair plunge

Posted on August 19, 2024 by Admin
Federal Aviation Administration orders inspections after mid-flight dive blamed on random movement of pilots' seats.
Posted in Economy

Chechen leader drives gun-mounted Tesla truck, invites Musk to Russia

Posted on August 19, 2024 by Admin
Ramzan Kadyrov says Cybertruck will be given to Russian forces fighting in the war in Ukraine.
Posted in Economy

After OnlyFans, AI ‘girlfriends’ are tech’s next pitch to lonely men

Posted on August 2, 2024 by Admin
AI-powered companions are a growing industry amid rising loneliness and disillusionment with modern dating.
Posted in Economy

Intel to slash 15,000 jobs amid struggles to keep up with Nvidia and AMD

Posted on August 1, 2024 by Admin
US chipmaker to cut 15 percent of workforce as part of efforts to cut costs by $10bn in 2025.
Posted in Economy

Meta shares surge after tech giant reports $13.5bn profit

Posted on July 31, 2024 by Admin
CEO Mark Zuckerberg says Meta AI is on track to be the most used AI assistant worldwide by the year's end.
Posted in Economy

McDonald’s sales fall globally for first time in over three years

Posted on July 30, 2024 by Admin
McDonald’s CEO Chris Kempczinski says low-income consumers eating at home and finding other ways to economise.
Posted in Economy

Air New Zealand scraps 2030 carbon emissions target

Posted on July 29, 2024 by Admin
Flag carrier says it is unable to achieve target due to lack of newer fuel-efficient aircraft and alternative jet fuels.
Posted in Economy

Journalists at Australian newspapers go on strike on eve of Olympics

Posted on July 26, 2024 by Admin
Editorial staff vote to walk off the job after rejecting annual pay increase of between 3 and 4 percent.
Posted in Economy

Boeing finalises plea deal over fatal 737 Max crashes

Posted on July 24, 2024 by Admin
Aircraft giant to pay $243.6m fine under agreement that is subject to US judge's approval.
Posted in Economy

US stocks tumble as tech share rebound falters

Posted on July 18, 2024 by Admin
Fears of new trade tensions with China drive main indexes lower.
Posted in Economy

Chinese-made T-shirts cash in on Trump’s defiant response to shooting

Posted on July 17, 2024 by Admin
Chinese e-commerce platforms like Temu are selling apparel featuring image of a bleeding, fist-pumping Trump.
Posted in Economy

Elon Musk says he will move companies out of California over trans law

Posted on July 16, 2024 by Admin
Billionaire says he will relocate headquarters of SpaceX and X to Texas over parental notification law.
Posted in Economy

Malaysia is building malls like crazy – but shoppers aren’t coming

Posted on July 14, 2024 by Admin
Dozens of new malls are under construction in the country even as existing complexes struggle to attract customers.
Posted in Economy

In Australia, energy crunch prompts a heated debate on going nuclear

Posted on July 7, 2024 by Admin
Australia's opposition leader has proposed building the country's first nuclear plants, but many are unconvinced.
Posted in Economy

McDonald’s cuts breakfast hours in Australia as bird flu hits egg supply

Posted on July 4, 2024 by Admin
Fast food giant says it will stop taking breakfast orders from 10:30am instead of midday due to egg supply crunch.
Posted in Economy

‘Pink baht’: Thailand’s businesses chase same-sex marriage bonanza

Posted on July 4, 2024 by Admin
Wedding planners, hotels, malls and mortgage brokers are hoping to cash in on the legalisation of same-sex unions.
Posted in Economy

Nine in 10 top global companies failing to uphold human rights, report says

Posted on July 2, 2024 by Admin
World Benchmarking Alliance says companies should take greater responsibility for UN Sustainable Development Goals.
Posted in Economy

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