Browsing: Business

In a groundbreaking move, the African Union was inducted as a permanent member of the G20 today. The induction took place in New Delhi at the opening session of the G20 Summit. Prime Minister Narendra Modi, leading the session, formally invited Azali Assoumani,

Yesterday, US President Joe Biden and Indian Prime Minister Narendra Modi convened at Modi’s official residence in New Delhi. In an atmosphere thick with camaraderie, they delved deep into avenues to intensify the economic and societal bonds between their nations. Following their discourse, Modi

A recent World Bank report has revealed that the ‘gig economy‘ comprises an unexpected 12% of the global labor market, surpassing previous estimates. This sector offers substantial opportunities, especially for women and young individuals in developing nations. While online gig work continues

A former Goldman Sachs International employee, Ian Dodd, who served as the global head of recruiting from 2018 to 2021, has lodged a £1 million lawsuit in London, accusing the esteemed investment bank of fostering a “culture of bullying.” Dodd’s allegations paint

Amidst a backdrop of economic fragility and reliance on foreign aid, Pakistan’s currency, the rupee (PKR), has once again fallen dramatically against the US dollar, marking a distressing record low, the country’s central bank reported. From Islamabad, the State Bank of Pakistan

In a historic move, Belgium has successfully raised a staggering €21.9 billion ($23.65 billion) from retail investors through a bond sale, eclipsing previous records and signaling the public’s growing dissatisfaction with stagnant bank deposit rates. Launched on August 24, this

Abu Dhabi Global Market’s Registration Authority (RA) has levied a $30,000 fine against KPMG Lower Gulf Limited for substantial audit shortcomings. The penalty comes after a detailed review which found that KPMG had been consistently failing to adhere to the RA’s audit regulations.

In a strategic move aimed at enhancing global trade infrastructure, DP World has acquired a 58% equity stake in Turkey’s Evyap Port. The partnership will focus on bolstering container port facilities and streamlining efficiencies in the critical Marmara gateway market, positioning the new