International Archives - Page 2 of 2 -

01 Jul

Apple’s market value breaches $3 trillion mark

Priyanka Bhowmick0 CommentsBusiness, InternationalBusiness, International

Apple Inc's market capitalization breached the $3 trillion mark again on Friday, as investors bet on the iPhone maker's ability to grow revenue even as it explores new markets such as virtual reality.Shares of Apple, the world's most valuable listed company, rose 0.9% to $191.4 in morning trading. Apple's market value briefly topped $3 trillion on January 3, 2022, before closing the session just below that mark.The latest gains in Apple shares came as the technology stock rebounded on bets that the Federal Reserve could slow its interest rate hikes as well as buzz around artificial intelligence.

29 Jun

Presumed human remains found in Titan sub wreckage

Priyanka Bhowmick0 Commentsaccident, International, SikkimInternational

Human remains have been recovered from the wreckage of the Titan submersible, which was returned to land Wednesday, the U.S. Coast Guard said. The return of debris to the Port of St. John's, Canada, is an important part of the investigation into why the submarine exploded and the five people on board were killed. The Titan submarine, owned and operated by OceanGate Expeditions, suffered a catastrophic explosion earlier this month while sailing to see the wreckage of the Titanic. The twisted parts of the 22-foot submersible washed ashore at a Canadian Coast Guard pier on Wednesday. Officials said its landing…

24 Jun

Singapore’s Grab slashes 1,000 jobs in biggest round of job cuts since pandemic

Priyanka Bhowmick0 CommentsBusiness, InternationalBusiness, International

Singapore's ride-hailing company Grab is cutting about 1,000 jobs, or about 11 percent of its workforce. This is the biggest round of job layoffs by the Southeast Asian tech giant since the pandemic, when it laid off about 360 employees in 2020. Grab CEO Anthony Tan said the layoffs were not a "shortcut to profits" but part of a fundamental shift in the company's operating model and cost structure. He described the decision to lay off around 1,000 employees as a 'painful but necessary step'. In a letter to Grab staff, Tan wrote, “I want to be clear that we…

17 Jun

China’s President Xi to meet with Bill Gates in Beijing

Priyanka Bhowmick0 CommentsInternationalInternational

Chinese President Xi Jinping met with 'old friend' Bill Gates after many days. They met in Beijing on Friday. This is the first visit of Bill Gates, one of the world's richest men, to China after nearly three years of isolation from the rest of the world and the end of strict Covid controls. He took part in this visit with a group of Western business leaders. During the visit, a meeting was held between the Chinese President and Bill Gates. "You are the first American friend I have met in Beijing this year," Xi Jinping told Bill Gates during…

15 Jun

Google reminds Pakistan of its general elections with a special doodle

Priyanka Bhowmick0 CommentsInternationalInternational

Google's new Doodle reminds the people of Pakistan that the country is going to hold elections this year. Pakistan's last elections were held in 2018 where former cricketer Imran Khan's Pakistan Tehreek-e-Insaf party secured a comfortable victory by winning 149 of the 342 seats in the National Assembly with a vote share of 31.82 percent. However, the Imran Khan government was ousted from the government last year and Prime Minister Shehbaz Sharif took over. Khan blamed the then army chief General Qamar Javed Bajwa and the US for plotting his ouster. Pakistan's next general election is scheduled to be held…

20 Oct

Suella Braverman resigned as home secretary

Priyanka Bhowmick0 CommentsWorldBritain, International

Britain's Suella Braverman resigned as home secretary on Wednesday, saying she had to go after she breached government rules but had concerns about the direction of Prime Minister Liz Truss' government. The second senior minister to leave the government in less than a week, Braverman's departure has piled more pressure on Truss as she battles to hold on to power just over six weeks after entering Downing Street. Braverman said in a letter to Truss posted on Twitter, “I have made a mistake, I accept responsibility; I resign,”.She said she had sent an official document from her personal email to…