US jobless claims inch down as labour market remains tight
WASHINGTON: The labour market continues to defy Federal Reserve attempts to cool hiring, with US applications for unemployment benefits down again last week and remaining…
US current account deficit narrows in fourth quarter
WASHINGTON: The US current account deficit narrowed in the fourth quarter amid an improvement in secondary income receipts as well as an increase in the…
Block shares slump after Hindenburg shorts Jack Dorsey’s firm
Bloomberg | | Posted by Ritu Maria Johny Shares of Block Inc. slumped after Hindenburg Research said it’s betting on a decline in the stock,…
India UAE Trade: India’s exports to the UAE may cross all-time high of $32 billion
India expects to achieve its highest ever exports of $32 billion to the UAE this fiscal even as the two sides plan to integrate their…
Hindenburg’s next target is Block, ex-Twitter CEO Jack Dorsey-led payments firm
Reuters | | Posted by Singh Rahul Sunilkumar Hindenburg Research said on Thursday it held short positions in Block Inc, alleging that the Jack Dorsey-led…
EU, UN chief discuss food security, military aid to Ukraine
BRUSSELS: European Union leaders held talks on Thursday with U.N. chief Antonio Guterres on global food security and sanctions imposed on Russia over its invasion…
Russia: Russia’s security chief blasts West, dangles nuclear threats
MOSCOW: A top Russian security official warned Thursday about the rising threat of a nuclear war and blasted a German minister for threatening Russian President…
Number of Chinese kindergartens drops in 2022 for first time in 15 years
HONG KONG: The number of kindergartens in China has dropped for the first time in 15 years, falling by more than 5,000 on the previous…
Accenture to cut 2.5% of workforce; lay off 19,000 employees
Accenture Plc on Thursday lowered its annual revenue and profit forecasts and said it would cut about 2.5% of workforce, or 19,000 jobs, the latest…
JAMSHEDPUR PROJECTS: Nitin Gadkari inaugurates, lays foundation stone for nine projects in Jamshedpur
Union Minister Nitin Gadkari on Thursday inaugurated and laid foundation stones for nine projects in Jharkhand’s Jamshedpur, which entailed an estimated investment of Rs 3,378…