The US government on Friday posted a $1.695 trillion budget deficit in fiscal 2023, a 23% jump from the prior year as revenues fell and outlays for Social Security, Medicare and record-high... Read more »
Top USA apparel brands have sought Bangladesh Prime Minister Sheikh Hasina’s intervention in ensuring a transparent minimum wage review involving all stakeholders. On 13 October, 15 major USA brands sent a letter... Read more »
Tony Fernandes, the CEO of AirAsia, has come under scrutiny for sharing a picture where he conducted a management meeting while shirtless. In his LinkedIn post, Fernandes cited a stressful week and... Read more »
Microsoft’s LinkedIn said on Monday it would lay off 668 employees across its engineering, talent and finance teams in the second round of job cuts this year for the social media network... Read more »
The Pakistani government is looking to tame inflation with fuel price cuts and a price-control mechanism, caretaker Prime Minister Anwaar ul Haq Kakar said on Monday. The South Asian country is embarking... Read more »
Some of the world’s poorest countries face budget cuts topping $220 billion over the coming five years due to a debt crisis that has pushed dozens to the brink of default, according... Read more »
The yen’s recent declines are driven by fundamentals and do not meet any of the considerations that would call for authorities to intervene in the currency market, a senior International Monetary Fund... Read more »
A delegation from the International Monetary Fund (IMF) has held a meeting with senior officials of state-owned and private banks in Bangladesh to address numerous issues affecting the banking sector. The discussions... Read more »