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WEB DESK
Mar 07, 2024

US records 3% surge in job cut announcements

WEB DESK: Layoff announcements in the United States experienced a 3 per cent surge last month, reaching the highest level in 11 months.

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WEB DESK
Feb 06, 2024

Oil prices drop globally amidst concerns over US economic policies

Global oil prices opened the week with a downward trend, extending losses due to US job data diminishing the likelihood of immediate interest rate cuts in the world’s largest economy.

WEB DESK
Jul 18, 2023

WB chief unveils new plans to boost lending

The US, the bank’s biggest shareholder, kicked off the push for reforms in October, later nominating Banga to succeed former president David Malpass with a specific mandate to accelerate the evolution of the nearly 70-year-old institution.