MUMBAI : Companies’ global hiring intentions are expected to hold steady in the fourth quarter of 2024, even though the outlook for the quarter ahead was weaker than the final quarter of 2023, ManpowerGroup’s Employment Outlook Survey showed. The global hiring outlook for the fourth quarter of 2024 was slightly […]
Business
NEW DELHI : Electronic components maker Jabil will set up a manufacturing plant in India’s southern state of Tamil Nadu with an investment of about 20 billion rupees ($238.2 million), the state’s industries minister said on Tuesday. U.S.-based Jabil, a supplier to Apple, will base its plant near the city […]
TOKYO: Japan’s consumer inflation rate likely picked up in July for a third consecutive month, a Reuters poll of 18 economists showed, keeping the central bank on course to consider another rate hike after lifting short-term rates to 0.25 per cent last month. Other data next week is forecast to […]
Switzerland’s Sonova on Tuesday introduced a hearing aid that utilises real-time artificial intelligence to improve speech clarity from background noise, the first such product in the global market. Along with the hearing aid, named Sphere Infinio, Sonova is launching a new Infinio platform. Sonova had said in May it expected […]
TOKYO: Japan’s SoftBank Group is expected to report a modest first-quarter profit on Wednesday but investors are set to hone in on whether the tech investment giant will either announce a major share buyback or flag its willingness to embark on one. The results come amid much market turmoil, particularly […]
The flagship project under China’s Belt and Road Initiative has run into a lack of sustained investment, which analysts said is holding back its progress. GWADAR, Pakistan: The China-Pakistan Economic Corridor (CPEC) was launched to much fanfare almost a decade ago, with US$54 billion worth of infrastructure projects planned. But […]
BEIJING: China’s services activity in May accelerated at the quickest pace in 10 months while staffing levels expanded for the first time since January, a private sector survey showed on Wednesday (Jan 5), pointing to sustained recovery in the second quarter. The Caixin/S&P Global services purchasing managers’ index (PMI) rose […]
NEW YORK: A former Meta engineer on Tuesday accused the company of bias in its handling of content related to the war in Gaza, claiming in a lawsuit that Meta fired him for trying to help fix bugs causing the suppression of Palestinian Instagram posts. Ferras Hamad, a Palestinian-American engineer […]
SINGAPORE: Oil prices fell for a third straight session on Wednesday on expectations the Federal Reserve might keep U.S. interest rates higher for longer due to sustained inflation, potentially impacting fuel use in the world’s largest oil consumer. Brent crude futures were down 60 cents, or 0.7 per cent, to […]
MUMBAI – Traders in India’s stock markets are turning to illegal election betting platforms for clues to combat the uncertainty facing citizens and markets alike regarding the outcome of a long general election. Weeks before vote counting set for June 4, stock markets are closely tracking shadow-betting platforms that are […]