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Abu Dhabi’s Oil Champion ADNOC Bets on Expanding Globally-thumnail

Abu Dhabi’s Oil Champion ADNOC Bets on Expanding Globally

In order to increase revenue for the Gulf state, the United Arab Emirates is reshaping the state-owned Abu Dhabi National Oil Company (ADNOC) in the likeness of a worldwide oil

Business

Oct 9, 2023

India’s Car Sales Increased by 20% in September, and the New 2-Wheeler Record Demonstrates a Rebound in Rural Areas-thumnail

India’s Car Sales Increased by 20% in September, and the New 2-Wheeler Record Demonstrates a Rebound in Rural Areas

Overall car sales in India increased 20% year on year in September, with new records set in the two-wheeler (2W) and three-wheeler (3W) categories ahead of the expected holiday surge.

Automotive

Oct 9, 2023

Onsurity, an Insurtech Firm, Obtains $24 Million in Funding Sponsored by IFC-thumnail

Onsurity, an Insurtech Firm, Obtains $24 Million in Funding Sponsored by IFC

Onsurity, an insurance technology business, has secured $24 million in Series B investment backed by the World Bank’s International Finance Corporation. In 2023, the insurtech market is expected to be

Business

Oct 9, 2023

Threads may Soon have a Trending Topics Feature similar to X-thumnail

Threads may Soon have a Trending Topics Feature similar to X

Meta Platforms, Inc. (Meta) is a global technological corporation based in the United States that owns and administers Facebook, Instagram, Threads, and WhatsApp. Meta is headquartered in Menlo Park, California. 

News

Oct 9, 2023

Country Garden Faces Fresh Debt Payments and may Announce a Restructuring Soon-thumnail

Country Garden Faces Fresh Debt Payments and may Announce a Restructuring Soon

China’s Country Garden, the nation’s largest private property developer, was facing yet another impending debt deadline and may soon reveal a restructuring plan for its offshore debt, according to local

Business

Oct 9, 2023

In a Race Against the United States, China Targets a 50% Increase in Computing Power-thumnail

In a Race Against the United States, China Targets a 50% Increase in Computing Power

Chinese authorities unveiled a plan on Monday that intends to increase the nation’s overall computing power by more than 50% by the year 2025 as Beijing narrows its focus on

Business

Oct 9, 2023

HSBC Purchases Citi’s China Retail Assets for $3.6 Billion-thumnail

HSBC Purchases Citi’s China Retail Assets for $3.6 Billion

On Monday, Asia-focused HSBC Holdings Plc (HSBA.L) was informed by Citigroup Inc (C.N) that it has reached an agreement to purchase Citigroup’s China consumer wealth portfolio, which includes clients, assets

Business

Oct 9, 2023

Notable Surge in Indian Automobile Retail Sales for September-thumnail

Notable Surge in Indian Automobile Retail Sales for September

In a noteworthy upswing, Indian automobile retail sales for September have recorded a 20 per cent increase compared to the same period last year, reaching a total of 1.89 million

Automotive

Oct 9, 2023

The EU sees ‘Convergence’ with Japan in AI-thumnail

The EU sees ‘Convergence’ with Japan in AI

According to a senior official on Monday, the European Union and Japan share “convergence” in their perspectives on generative artificial intelligence (AI). Vera Jourova, vice-president for values and transparency at

Artificial Intelligence

Oct 9, 2023

Oxfam says Emerging Economies Face $220 Billion in Budget Cuts Amid Debt Crisis-thumnail

Oxfam says Emerging Economies Face $220 Billion in Budget Cuts Amid Debt Crisis

According to a report released on Monday by Oxfam International, some of the world’s poorest nations will experience budget cuts of $220 billion over the next five years as a

Economy

Oct 9, 2023

Ather Energy Plans New Manufacturing Facility for Electric Two-Wheelers-thumnail

Ather Energy Plans New Manufacturing Facility for Electric Two-Wheelers

Ather Energy, a distinguished purveyor of electric two-wheel conveyances, stands poised to augment its manufacturing prowess through the establishment of a nascent production edifice. As recently chronicled by The Hindu

Automotive

Oct 9, 2023

Meta Explores Ad-Free Subscription Plan in India by 2024-thumnail

Meta Explores Ad-Free Subscription Plan in India by 2024

Introduction Meta, the parent company of Facebook, Instagram, and WhatsApp, led by Mark Zuckerberg, is reportedly considering the introduction of an ad-free subscription plan in India by 2024, as per

News

Oct 9, 2023


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