As economies gradually bounce back from the shocks of the COVID-19 pandemic, the International Labour Organization (ILO) has highlighted a concerning disparity in the employment landscape.

Unemployment disparity: High-income nations flourish, low-income countries lag behind

Boeing, the aerospace giant, has encountered another setback in its efforts to launch the first crewed mission of its Starliner spacecraft. The highly anticipated launch, initially planned for July 21, has been indefinitely postponed as the company addresses concerns regarding the reliability of Starliner's parachute system, according to Reuters.

Boeing's first crewed space launch faces another delay due to safety issues

Chinese and Indian imports of Russian crude oil soared to record levels in May, as buyers took advantage of discounted supplies, a Reuters report said. India and China imported around 110 million barrels in May, which was an increase of nearly 10 percent from the previous month, despite warnings from the United States against evading price caps.

110 million barrels and counting: Russian oil imports from India and China surge in May

The post-pandemic rebound in global trade, which marked a period of recovery over the past two years, is now facing a significant slowdown, as per the latest report by Fitch Ratings.

Global trade recovery hits roadblock as Fitch Ratings signals slowing growth

Social media giant Twitter, acquired by billionaire Elon Musk for a staggering $44 billion, has seen its market value plummet to just one-third of its purchase price, a Reuters report said.

Twitter's worth takes a tumble: Elon Musk's $44 billion investment deflates

Indian billionaire Gautam Adani's conglomerate, the Adani Group, is embarking on an audacious comeback strategy following a challenging period prompted by a scathing report from a US short seller.

After Hindenburg row, Adani Group seeks $3 billion share sale

Investors are flocking to the tech sector, drawn by the promise of profitable growth in the face of looming recession concerns. Leading tech giants such as Apple Inc.

Tech takes centrestage: Investors dance to the beat of profitability amid dull market tunes

India is contemplating a substantial reduction in import taxes on solar panels to address the increasing demand for renewable energy and bridge the gap in local production, sources told Reuters.

Solar panels get a tax makeover: India's 'sunny' solution to energy demands 

In response to a stagnant deals market, Goldman Sachs, one of the world's leading investment banks, is set to initiate a fresh round of job cuts. The decision comes as the institution grapples with the ongoing challenges faced by the financial industry.

Goldman Sachs to shed jobs amid economic uncertainties

The lean patch continues for the Chinese economy. China's manufacturing sector contracted faster than expected in May due to weakening demand. Latest government data shows that the manufacturing Purchasing Managers' Index or PMI fell to 48.

China's manufacturing sector contracts further in May

The New Development Bank (NDB), established by the BRICS group of nations, is set to broaden its membership as part of its efforts to increase capital and counter the influence of Western-dominated multilateral banks, Bloomberg reported.

BRICS-backed New Development Bank invites Saudi Arabia to join the club

Nvidia Corp's CEO Jensen Huang on Monday said that Artificial Intelligence has ended the 'digital divide' across the world. Speaking at the Computex forum in Taipei, Huang said that AI has ushered in a new era of computing, making it possible for anyone to become a programmer by simply speaking to a computer.

AI Magic: Nvidia’s CEO says ‘anyone can become a Programmer’

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