UNICEF has issued a stark warning about the dire trajectory of child poverty in Argentina, cautioning that without a change in course, the country's child poverty rate could soar to 70 per cent in the first quarter of this year.

UNICEF warns of alarming rise in child poverty in Argentina

Jet Airways sees a glimmer of hope as the National Company Law Appellate Tribunal (NCLAT) directs the transfer of the bankrupt airline's ownership to the Jalan Kalrock Consortium (JKC) within 90 days, The Economic Times reported on Tuesday.

NCLAT upholds Jet Airways' transfer to Jalan Kalrock Consortium, revival in sight

PwC Australia announced on Wednesday that it would undertake further job cuts, totalling an additional 329 positions, as part of a significant restructuring effort following a national scandal.

PwC Australia implements further job cuts amid restructuring following scandal

Bitcoin has reached an all-time high above $72,000 on Monday, continuing its upward trajectory as demand for the leading cryptocurrency shows no signs of declining, according to sources from Reuters.

Bitcoin skyrockets to record highs surpassing $72,000 amid strong demand

India’s Edtech firm, Byju's, has implemented a permanent work-from-home policy for its employees, with the exception of nearly 300 Byju's Tuition Centres. The company's decision to vacate all offices across the country, retaining only its Bengaluru headquarters at IBC Knowledge Park, is part of a cost-cutting move driven by financial challenges and an ongoing dispute with investors over funds raised in a recently concluded rights issue offering, as reported by CapTable.

Byju's shifts to remote work, closes offices nationwide amid financial turmoil

Elon Musk, the world's second-richest person, is under scrutiny as an in-depth report suggests that his charity, The Musk Foundation, is being utilised for tax breaks and self-serving interests.

Elon Musk accused of using charity foundation to serve tax breaks and self-interests

WION's Business Desk brings you this daily round-up of global stories from the world of business and economy. Bitcoin skyrockets to record highs surpassing $72,000 amid strong demand Bitcoin has reached an all-time high above $72,000 on Monday, continuing its upward trajectory as demand for the leading cryptocurrency shows no signs of declining.

WION Business Wrap | Bitcoin’s ascend to $72,000, Trump’s TikTok U-turn and more

During an official visit to Manila on Monday, US Commerce Secretary Gina Raimondo revealed that American companies are poised to unveil investments totaling more than $1 billion in the Philippines.

US Commerce Secretary announces $1 billion investments in Philippines

Jamie Dimon, CEO of JPMorgan Chase, has advised the Federal Reserve to exercise prudence before considering any interest rate cuts, urging the central bank to uphold its credibility in combating inflation.

JPMorgan CEO Jamie Dimon urges Fed caution on interest rate cuts

US District Judge Adrienne Nelson has scheduled a hearing for August 26 to consider the Federal Trade Commission's request for a preliminary injunction against Kroger's $24.

FTC hearing set for Kroger-Albertsons merger amid price hike concerns

Indian low-cost carrier, IndiGo’s co-founder, Rakesh Gangwal, has sold 5.8 per cent stake in operator Interglobe Aviation via bulk deals, raising a sum of ₹6,785 crore ($820.

IndiGo's co-founder Rakesh Gangwal sells $820 million stake in bulk deal

Airbus, once the underdog, has soared to prominence, surpassing Boeing with its A320 series becoming the best-selling aircraft of all time in 2019. The A320's success marked a turning point, solidifying the Airbus-Boeing duopoly that governs the global aircraft market.

Boeing’s present troubles present an opportunity for Airbus to ascend. Here’s how

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