Business News

Singapore's DBS, Southeast Asia's Largest Bank, Says Quarterly Profit Jumps 68%

DBS' annual profit soared 20% to a record S$8.2 billion.

Feb 13, 2023

By Reuters

Commodities-Starved India Set to Play Big EV Role as it Discovers Huge 5.9 Million Tonne Lithium Reserves

According to a report by the International Energy Agency, the world is likely to face lithium shortages by as early as 2025.

Feb 11, 2023

By Jacob J

Innovation as a Science: An Expert's Journey from 0 to 1 with Mirav Vyas

Mirav Vyas said I thoroughly enjoyed sharing my knowledge and supporting the group, in particular delivering sessions on unit economics and breaking down uncertainties into core hypotheses

Feb 9, 2023

By IBT Desk

Gaurav Goyal: Real Estate Entrepreneurs: Keys to Success in Today's Market

From a CA's Son to a Successful Real Estate Entrepreneur: The Story of Gaurav Goyal

Feb 9, 2023

By IBT Desk

Robert Nikic: The Dropshipping Millionaire Who Disrupted the Industry

Robert Nikic said Like many people who are excited to start their own businesses, I did plenty of research about dropshipping and managing a business.

Feb 9, 2023

By IBT Desk

Disney+ to stream on Amazon Fire TV devices, LG and Samsung smart TVs

Disney Lays Off 7,000 Staff Despite First Quarter Revenue Beating Estimates; Shares Rise

Disney's net income in the first quarter came in at $1.279 billion and revenue hit $23.512 billion, which was better than Street estimates of $23.4 billion.

Feb 9, 2023

By Jacob J

China's Race to Become Global Digital Leader and Biggest Economy at Risk as US Tightens Chip War

Though China has a huge advantage in various segments of the economy, its weakness lies in the semiconductor segment.

Feb 8, 2023

By Jacob J

Crude Oil Markets: Prices to Hit $100 Per Barrel; OPEC Could Lift Output Curbs; Supply Crisis by 2024

While western sanctions against Russia will reduce global output, the Chinese opening up will boost demand, creating a supply crisis in 2024,

Feb 7, 2023

By Jacob J

Dell Technologies to Lay Off 6,650 People Following in Drop in PC Demand After Pandemic Boom

The cuts will include 5 per cent of the company's global workforce, reports Bloomberg, citing sources.

Feb 6, 2023

By IANS

Major Win for Elon Musk; California Jury Throws Out Shareholder Suit Over Tesla Tweet

In a unanimous verdict, the jury ruled that the plaintiffs could not prove any of their claims against Musk

Feb 4, 2023

By Jacob J

US Unemployment Falls to 53-Year Low as Job Creation Booms: SIX Points

The stronger than expected job numbers were accompanied by a a fall in the unemployment rate to 3.4 percent, marking the lowest jobless level in as many as 53 years.

Feb 3, 2023

By Jacob J

Tracing the Inspiring Journey of Tyrelle Anderson-Brown, a Successful Crypto Entrepreneur

Tyrelle Anderson-Brown said Crypto has been my area of interest since college, and I always wanted to do something big out of it.

Feb 3, 2023

By IBT Desk

Pakistani Rupee Plunges to Historic Low as Uncertainty Over IMF Rescue Package Grows

An IMF mission is currently in Pakistan holding talks on the ninth review that will continue till February 9 after which a staff-level agreement is expected between the two sides.

Feb 3, 2023

By IANS

My Big Coin Cryptocurrency Firm Founder Randall Crater Gets 8 Years in Prison for Fraud

Crater, who was sentenced to 100 months in total and ordered to forfeit nearly $7.7 million, is expected to appeal.

Feb 1, 2023

By Reuters

Britain Will be The Only G7 Economy Predicted to Shrink in 2023 as Economic Recovery Faces Challenges

The UK chancellor Jeremy Hunt last week warned a sense of declinism was hampering the UK's economic recovery.

Feb 1, 2023

By IANS

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