IMF Managing Director Kristalina Georgieva has issued a stark warning, predicting that a third of the global economy will slip into recession in the coming year, with 2023 shaping up to be even more challenging than 2022. She highlighted that economic slowdowns are expected in major economies like the US, EU, and China.Georgieva expressed her concerns during an interview with CBS News, emphasizing that...
According to reports from undisclosed sources, Goldman Sachs Group is set to commence a significant round of layoffs across the company this week in anticipation of challenging economic conditions. While Goldman Sachs has declined to comment on the matter, sources indicate that the job cuts could exceed 3,000. Bloomberg News has reported an estimated reduction of about 3,200 positions.The layoffs are expected to impact...
During a recent town hall meeting, Alphabet CEO Sundar Pichai revealed plans for a significant reduction in annual bonuses for all positions above the...
New Delhi: Following SpiceJet's recent claim regarding the strength of its safety processes after an audit by the International Civil Aviation Organisation (ICAO), the...
New York: The United States has unveiled a groundbreaking achievement in clean energy technology, heralding a potential transformation in global power generation. The breakthrough...
