Archive / february - 2023
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Pre-Budget: Jobs remain elusive, quality jobs even more soSanjay Maiti, 43, is hurrying down Kolkata's Burrabazar to reach the small firm, whose accounts ledger he prepares after handling cash at an eatery off...Commercial satellite will see CO2 super-emittersIt will be put up by the Canadian company GHGSat, which already flies six spacecraft tracking methane emissions.The new platform will use the same shortwave...Microsoft Teams and Outlook down for users around the worldMicrosoft said it had detected a problem affecting users around the world using programs such as Teams and Outlook.The technical issue was reported on the...IMF upgrades its outlook for the global economy in 2023The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows surprising resilience in the face...Wheat Markets Extending GainsMidday wheat prices are trading higher so far with gains of as much as 10 cents across the lead months. Early trade had set up...India's economic growth expected to slow amid global slumpIndia's pre-budget economic survey forecasts a slowdown in the country's gross domestic product growth to between 6 per cent and 6.8 per cent in the...
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Oil prices drop amid concerns about further interest rate increasesOil prices fell in afternoon trading on Tuesday as concerns about further interest rate increases and a stronger dollar offset optimism over an improving global...Goa Govt: Don’t click selfies with tourists without their permissionThe next time you are in Goa, think twice before clicking pictures of tourists. Be sure that you have the decency to take their permission...PayPal to lay off 2,000 employees as Big Tech reverses pandemic hiring surgeGlobal payments company PayPal is laying off 2,000 employees, about 7 percent of its workforce, as the technology industry continues to cut back on a...EBRD supports Egyptian SMEs with $175m in green financeThe European Bank for Reconstruction and Development will provide $175.5 million in green finance to invest in Egyptian small and medium businesses, supporting the decarbonisation...FedEx is laying off 10% of its officers and directors amid cooling demandFedEx is cutting more than 10% of its officers and directors, CEO Raj Subramaniam announced Wednesday, as the company slashes corporate jobs to cut costs...
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Three new luxury hotels opening in Europe, from Mallorca to BerlinA city hotel in the centre of Berlin, a luxury resort in the Balearics and a heritage property on Nice's waterfront are among the luxury...Cheaters beware: ChatGPT maker releases AI detection toolThe maker of ChatGPT is trying to curb its reputation as a freewheeling cheating machine with a new tool that can help teachers detect if...Lebanon's business conditions improve in January but economy impeded by political deadlockBusiness conditions in Lebanon's private sector improved marginally in January as output and new orders declined at a slower pace, although the economy continues to...EU and G7 partners agree price cap on Russian petroleum productsThe European Union – together with the international G7+ Price Cap Coalition – adopted on February 4 further price caps for seaborne Russian petroleum products,...
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Why 'blind love' could sabotage your business“Love is blind” is a popular saying that describes how it prevents people from seeing things as they are. How many of us know people...What are the Samsung Galaxy S23, S23+ and S23 Ultra series specifications?Samsung became one of the first smartphone manufacturers to release new phones in 2023. The South Korean company’s latest S23 series was unveiled at the...US jobs report smashes expectations in JanuaryUS employers added far more jobs than forecast last month, underlining the resilience of the labour market despite aggressive actions from the Federal Reserve to...Sales Channel Reform Tests Chinese Air-Con Giant GreeWith its sales company system shrinking, agent profits narrowing, and its online business launched later than its peers’, sales channel reform is proving to be...Hochul Raises Cigarette Taxes & Bans Flavored Tobacco ProductsNew York’s proposed budget for 2024 has created some buzz with a large portion of the state’s funding going toward ‘Lead the Way for a...
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Japan needs stable, sustained inflation, gov't official saysJapanese Deputy Chief Cabinet Secretary Seiji Kihara on Sunday stressed the need to achieve an economy where inflation rises stably and sustainably, when asked whether...Luxury cruise market holds much promise for Greek and East Med hidden gem destinationsThe appeal of Greece and the East Mediterranean as an ideal region for luxury cruising will be one of the main highlights of the 7th...Lower Apple iPhone sales lead to miss in revenue estimateApple on Thursday reported a steeper sales decline in its holiday period than Wall Street feared, showing the toll of an economic slowdown and lingering...Ferry shipyard receives grant to improve paint facilityWith a recently awarded $1.3 million grant, the state Ferry Division said it will be able to improve conditions in the paint facility at the...NOAA Expands Seafood Import Monitoring to Combat Seafood FraudThe U.S. National Oceanic and Atmospheric Administration Fisheries (NOAA Fisheries) has announced a proposed rule to expand the Seafood Import Monitoring Program (SIMP), a risk-based...
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Half-term holiday must-haves, from cup caddies to child travel chairsWith school half-term approaching, many families will be using the week off to jet off somewhere for a holiday. Braving the airport will be far...Honda outlines hydrogen power plans to go greenHonda Motor Co is expanding the use of hydrogen to include trucks and construction equipment, electricity for buildings and even outer space, not just cars...DP World fourth-quarter container volumes rise 2.4%Global ports giant DP World reported a 2.4 percent increase in gross container volumes for the fourth quarter of last year, positioning the company for...NASA's Mars rover photographs metallic object that collided with the surfaceNASA's car-sized Mars rover named Curiosity has stumbled across an iron-nickel meteorite while exploring a region of Mars.NASA has taken to its social channel and...Should You Buy Luminar Technologies Inc (LAZR) in Auto Parts Industry?The 41 rating InvestorsObserver gives to Luminar Technologies Inc (LAZR) stock puts it near the middle of the Auto Parts industry. In addition to scoring...
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How Microsoft's new AI-powered Bing search engine will take on GoogleMicrosoft has unveiled its new artificial intelligence-powered search engine as it looks to take on Google in its core business.The Bing search engine and Edge...UAE industry strengthens with Operation 300bn and In-Country Value programmeThe Colorado Department of Regulatory Agencies recently warned state lawmakers that it is unprepared for its assigned job of implementing the state’s new, second-in-the-nation legal...Colorado regulators are tripping as they prepare to roll out ‘magic’ mushroom legalizationThe Colorado Department of Regulatory Agencies recently warned state lawmakers that it is unprepared for its assigned job of implementing the state’s new, second-in-the-nation legal...
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Microsoft's $69 billion Call of Duty deal 'could hurt gamers'Microsoft’s planned purchase of “Call of Duty” creator Activision Blizzard could hurt gamers in terms of fewer choices and higher prices, the Britain’s antitrust regulator...Egypt's inflation hits five-year high of 25.8% in JanuaryEgypt's annual inflation spiked to 25.8 percent in January from 21.3 percent in the previous month, the highest in more than five years, according to...Mumbai artist recycles old metals like copper and brass to make beautiful jewellerySome people cycle to work, others turn off their vehicles at long signals, and some plant trees to do their part in making life sustainable...
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Nissan reports better profit as chip crunch easesNissan Motor Co reported a 55% jump in October-December profit Thursday, as the Japanese automaker seeks to embark on a less bumpy journey with its...Dubai's non-oil private economy continues expansion for ninth consecutive monthBusiness activity in Dubai's non-oil private sector economy remained robust in January, expanding for the ninth month in a row as consumer demand improved along...Android Smartphone Sales Decline: Production Cutbacks on the HorizonSmartphone technologies are advancing day by day. As a result, consumers can now obtain performance previously only available from flagship models costing $1000 from mid-range...
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Moody's cuts Ukraine's rating deeper into junk territoryMoody's Investors Service downgraded Ukraine's ratings deeper into junk, or non-investment grade territory as a result of the mounting pressure on its finances amid conflict...Abu Dhabi's FAB not considering StanChart bid that would have placed it in world's top 10First Abu Dhabi Bank, the UAE's biggest lender, has denied media speculation that it is considering a takeover bid for Standard Chartered, after it revealed...Yahoo to cut 1,000 jobs as tech layoffs deepenYahoo will eliminate about 1,000 jobs beginning this week, or roughly 12 per cent of its employees, the first round of cuts in a larger...Chemical recycling of hard-to-recycle plastic wastePEX pipes are an important contributor to energy-efficient heating and safe plumbing due to their strength, temperature resistance and durability, but the cross-linked polymer chains...
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IMF insists on creditor assurances to approve $2.9bn in loan for Sri LankaThe International Monetary Fund said its approval for a $2.9 billion loan to bail out Sri Lanka will depend on the island nation securing assurances...How Real Estate Investors Can Find Off-Market PropertiesOff-market properties, also known as pocket listings or whisper listings, refer to properties that are not actively being marketed for sale. These properties may not...
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Musk ‘fires top Twitter engineer over his declining view count’Twitter chief executive Elon Musk has fired a top engineer at the company for giving an explanation for his declining reach on the social networking...Sharjah’s Arada raises $50m through second tap of existing $450m sukukSharjah property developer Arada has closed a $50 million second tap of its existing $450 million sukuk that was issued and listed on the London...Research Suggests Eating More Fruit Can Give You a Mental Health BoostThough the physical benefits of healthy eating are voluminously documented, there is surprisingly little known about how diet affects your mental wellbeing. Yes, chillies give...