business-economy
WION Business Wrap | EU’s $8 bn package for Egypt, Uber to pay $178 mn to Australian taxi drivers and more
WIONs Business Desk brings you this daily round up of global stories from the world of business and economy.
Read Article→China's industrial output surges in early 2024, offers relief to policymakers
Industrial output in China surged by 7.0 per cent year-on-year during the January-February period, as revealed by data released on Monday.
Read Article→UBS eyes US expansion through wealth management M&A
Swiss banking powerhouse UBS is eyeing potential merger and acquisition opportunities in the United States in the coming years, according to...
Read Article→Venture Global LNG expands fleet and navigates challenges in LNG market
Venture Global LNG, headquartered in Arlington, Virginia, announced its acquisition of nine liquefied natural gas (LNG) transport vessels on...
Read Article→India: A global leader in hiring?
The Indian job market is surging ahead, leaving its global counterparts in the dust. According to a recent ManpowerGroup Employment Outlook ...
Read Article→TSMC explores advanced chip packaging expansion in Japan
According to Reuters, sources familiar with the matter disclosed that discussions are in the early stages, preferring anonymity due to the c...
Read Article→Australia likely to maintain interest rates amid economic slowdown: Report
According to Bloomberg, the decision, expected to be announced on Tuesday, comes as policymakers navigate uncertainties surrounding the stre...
Read Article→Indian real estate sector poised to surge, projected to reach $1.3 tn by 2034
According to the report titled Building Viksit Bharat-Transformative Role of the Real Estate Sector in India, the sector is expected to soar...
Read Article→Reddit's IPO oversubscribed, set to reach $6.5 billion valuation
This surge in demand positions the social media platform to potentially achieve its targeted $6.5 billion valuation, signalling a strong mar...
Read Article→India’s economic growth resembles 2003-07 boom: Morgan Stanley Report
The report, titled The Viewpoint: India - Why this feels like 2003-07, highlights the key role of capital expenditure (capex) in propelling ...
Read Article→Flipkart's valuation drops by $5 bn in two years, Walmart's equity transactions reveal
The valuation had previously dipped to $35 billion by January 31, 2024, down from $40 billion recorded in the fiscal year ending January 31,...
Read Article→Uber agrees to pay $178 million settlement to Australian taxi drivers: Report
This settlement, described as the fifth-largest in Australias legal history, marks the culmination of a protracted legal battle initiated in...
Read Article→EU unveils $8 bn aid package for Egypt amid looming concerns over migration
This announcement, made amidst mounting concerns over migration pressures, comes as part of a broader strategy to fortify Egypts borders and...
Read Article→Meta wins appeal on court order to stop using its name in Brazil
Meta, formerly called Facebook, changed its name in 2021 in a rebrand that focused on building the metaverse, a shared virtual environment.&...
Read Article→Sam Bankman-Fried deserves 40-50 years in prison for FTX fraud, prosecutors tell court
In November, a jury found Bankman-Fried, 32, guilty on seven counts of fraud and conspiracy. Federal prosecutors in Manhattan said thou...
Read Article→Boeing asks airlines to check pilot seat switch after reported mishap led to LATAM plane plunge
Notably, while Boeing often sends recommendations about its planes to its clients, the recent memo comes after the incident on the LATAM-ope...
Read Article→Vodafone sells Italian unit to Swisscom, deal angers Swiss hard-right
Vodafone, which previously rejected offers from French billionaire Xavier Niels Iliad group for the unit, has been on a cost-cutting campaig...
Read Article→India's antitrust body launches probe into Google's in-app billing system
The Indian startups had urged the Competition Commission of India (CCI) to look into the matter and on Friday, the antitrust body ordered an...
Read Article→Auto rivals Nissan, Honda explore partnership in electric vehicles
Hybrids that combine battery power and internal combustion engines have proved enduringly popular in Japan, accounting for 40 percent of sal...
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