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Adobe terminates 20 bn dollar deal with Figma, pays USD 1 bn as termination fees

19 Dec 2023 1:03 PM GMT
Adobe (ADBE.O) has reportedly shelved its USD 20 billion deal for Figma- a cloud-based designer platform

Hyundai betting big on EVs, setting up new 1.5 Million USD manufacturing unit in Korea

15 Nov 2023 8:44 AM GMT
Hyundai will spend 2 trillion won ($1.51 billion) to build the 548,000-square-meter EV factory in Ulsan, some 300 kms southeast of Seoul

Apple becomes the first public company to be valued at USD 3 trillion

1 July 2023 7:16 AM GMT
Apple shares closed up 2.3 per cent at USD 193.97 Friday, bringing its market value to USD 3.04 trillion

World Bank approves USD 255.5 million loan for better tech education in govt-run institutions

26 Jun 2023 4:05 AM GMT
As part of the project, students will get access to upgraded curricula

World Bank estimates decline in Pakistan's GDP per capita income to USD 1,399

16 April 2023 7:22 AM GMT
According to the World Bank, Pakistan's economy is under stress with low foreign reserves and high inflation

US announces military assistance worth over USD 3.75 billion for Ukraine, European allies

7 Jan 2023 7:48 AM GMT
The US has committed more than USD 24.9 billion in military assistance to Ukraine since the beginning of the Biden Administration

Indian envoys and mission officers to be judged on 3Ts

3 Feb 2022 11:12 AM GMT
India has already crossed USD 334 billion in mercantile exports, highest ever on annualised basis.

AIIB approves USD 150 million loans for Chennai Metropolitan Area project

20 Nov 2021 12:03 PM GMT
Says another 27 projects worth USD 5 billion are in pipeline for India