Business
Operating income for 2022 drop down: Logitech
Computer accessories manufacturer Logitech International has cautioned that operating income for the fiscal year 2022 will slip off from 2021…
Business
Markets
Oil prices rise as U.S. passes COVID-19 stimulus bill
Oil prices rose more than $1 on Monday as the US House passed the $1.9 trillion COVID-19 stimulus package. Brent…
Business
Toyota reports increase in domestic sales by 36%
Toyota Kirloskar Motor Pvt Ltd(TKM) reported an increase in its domestic sales in February by 36 per cent at 14,705…
India
Chinese hackers target Indian power organizations
Chinese state-supported hackers introduced Chinese malware into nearly a dozen power utility companies of India as a part of its…
World
Heathrow airport to impose passenger charges to cover pandemic costs
Heathrow airport, London has decided to charge departing passengers with additional 8.90 pounds ($12.40) to cover the losses incurred during…
Companies
Reliance buys additional shares in skyTran for $26.76 million
Reliance Industries Ltd (RIL) acquired an additional 28.16 per cent stake in US-based skyTran Inc. through its subsidiary Reliance Strategic…
Companies
McDonald’s to sell part of its AI startup Dynamic Yield
McDonald’s is weighing its options to sell its artificial intelligence-based startup Dynamic Yield Ltd. Dynamic Yield provides personalized promotions to…
World
Malaysia’s AmBank to pay $699 million settlement in 1MDB scandal
AmBank Group Malaysia featured the 1MDB scandal has consented to pay a 2.83 billion ringgit ($699 million) settlement to the government.…
Companies
SoftBank group reaches settlement with WeWork founder, puts legal battle to rest
SoftBank Group Corp has reached a settlement with WeWork’s special committee and co-founder and former CEO, Adam Neumann, on February 27…
Business
Mukesh Ambani is back to being the richest Asian as China’s Zhong loses $22 billion
With a net worth of nearly $80 billion, Mukesh Ambani becomes the richest Asian again. After China’s Zhong Shanshan’s bottled…
Education
IIT Madras researchers working on effective HIV treatment drug
Researchers at the Indian Institute of Technology (IIT), Madras are using molecular dynamics simulations to develop a more effective drug to…
Markets
Asian markets skid as fear of inflation rises
Asian stocks slid to a one-month low on Friday as a trounce in the global security market resulted in lower…