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Finance/Business

Finance/Business / World

UNCTAD raises alarms on escalating disruptions to global trade routes due to geopolitical tensions, climate change

January 27, 2024January 27, 2024 - by cmedia

Global Finance. Image credit: Pixaby Geneva: The United Nations Conference on Trade and Development (UNCTAD) has expressed profound concerns over the escalating disruptions in global trade, particularly stemming geopolitical tensions …

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Finance/Business

India Interim Union Budget 2024’s final stage preparation marked by customary halwa ceremony

January 25, 2024January 25, 2024 - by cmedia

#InterimBudget, #HalwaCeremony, #NirmalaSithraman, #FinanceMinistry New Delhi/IBNS-CMEDIA: The Central government organised the customary halwa ceremony on Wednesday, which marks the final stage of the budget preparation process for the Interim Union Budget 2024. The …

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Finance/Business

$10 billion merger deal of Sony-Zee collapses, Zee shares slide after breakdown

January 23, 2024January 23, 2024 - by cmedia

#ZeeSonyMerger, #ZEEL, #SonyIndia, #Merger, #Media IBNS-CMEDIA: After two years of stalled negotiations, Japan’s Sony Corp officially called off its planned $10 billion merger between its Indian subsidiary and Zee Entertainment Enterprises Ltd. (ZEEL) on …

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Finance/Business

Global foreign direct investment grew 3% in 2023 as recession fears eased

January 21, 2024January 21, 2024 - by cmedia

New UNCTAD analysis shows global FDI trends defied earlier expectations but highlights that growth was driven by a few European “conduit” economies and raises concerns about the decline in international …

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Finance/Business

American department store chain Macy’s to slash 2,350 jobs

January 19, 2024January 19, 2024 - by cmedia

#Macys, #America, #JobCut, #Layoffs IBNS-CMEDIA: US department store chain Macy’s is laying off around 3.5 percent of its workforce and even planning to shut down five of its stores. The 3.5 percent is …

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Finance/Business / World

World’s five richest men more than doubled their fortunes from $405 Bi to $869 Bi since 2020: Oxfam report claims

January 15, 2024January 15, 2024 - by cmedia

#Oxfam, #OxfamReport, #Global, #GlobalRich, #Amazon, #JeffBezos, #Poverty IBNS: The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while …

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Finance/Business / World

Global economic prospects remain subdued, uncertain amid ongoing geopolitical rifts, AI advancement: World Economic Forum Reports

January 15, 2024January 15, 2024 - by cmedia

#GlobalEconomy, #Economy, #WorldEconomicForum, #AI, #Wars IBNS: Global economic prospects remain subdued and fraught with uncertainty, according to the latest Chief Economists Outlook released today, as the global economy continues to grapple with headwinds from …

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Finance/Business

Infosys founder Narayana Murthy’s job application at Wipro was once turned down by Azim Premji: Report

January 14, 2024January 14, 2024 - by cmedia

#Infosys, #NarayanMurthy, #AzimPremji, #Wipro, #SudhaMurthy IBNS: Infosys founder NR Narayana Murthy was rejected when he sought employment at Wipro, he revealed in a recent CNBC-TV18 interview. This turned out to be a pivotal moment …

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Finance/Business

United States has asked India to ensure laptop import policy does not restrict trade

January 12, 2024January 12, 2024 - by cmedia

#UnitedStates, #India, #PiyushGoyal, #LaptopImportRestriction, #KaterineTai New Delhi/IBNS: United States Trade Representative Ambassador Katherine Tai has called upon India to ensure that the existing end-to-end online system and associated policies governing the import of laptops do …

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Canada/US / Finance/Business

Ontario’s Trade Mission to US concludes with successful launch of Going Global Initiative

January 12, 2024January 12, 2024 - by cmedia

Toronto/CMEDIA: The Ontario government successfully concluded another successful trade mission to the United States by launching Going Global Initiative, a strategic partnership between the Ontario Vehicle Innovation Network (OVIN) and …

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