Elon Musk, finally, buys Twitter; fires Indian-origin top executives, to pay them $120m

New York, Oct 28: World’s richest man Elon Musk finally bought social media giant Twitter after closing the $44bn takeover deal. Soon after he bought...

World dangerously close to recession, warns World Bank President

London, Oct 13: World Bank President David Malpass on Thursday warned that the global economy is "dangerously close" to a recession and called for targeted...

To tame inflation, European Central Bank raises rates by unprecedented 75 bps

Brussels, Sept 8: The European Central Bank raised interest rates by an unprecedented 75 basis points on Thursday to tame runaway inflation, even as a...

Global food inflation eases, Crop Futures retreat to pre-war levels

While the outlook for global crops is improving from the tumultuous weeks after Russia’s attack on Ukraine, the threats of drought, flooding and blistering...

IMF warning of global ‘recession’: What it could mean to us

The International Monetary Fund (IMF) has cut its global growth forecast to 3.2% amid high inflation and the war in Ukraine, and warned the...

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