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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 GMTAdobe (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 GMTHyundai 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 GMTApple 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 GMTAs 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 GMTAccording 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 GMTThe 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 GMTIndia 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 GMTSays another 27 projects worth USD 5 billion are in pipeline for India