LiveUber Gets Slapped with £250 Million Lawsuit from London’s Black Cab Drivers
Thousands of black cab drivers in London have sued Uber Technologies Inc. for hundreds of millions of pounds, accusing the firm of illegally operating in...
Category : WORLD
UPI Services Launched in Sri Lanka and Mauritius After France
India’s Unified Payment Interface (UPI) services were launched in Sri Lanka and Mauritius at 1 pm on Monday, February 12, just a few days after...
International Monetary Fund Revises Foreign Loan Requirement of Pakistan
The International Monetary Fund (IMF) on 18 November revised Pakistan’s foreign loan requirements to $25 billion for the current fiscal year, reducing it by $3.4...
Worldcoin Crypto Token Crashes 12% as Altman Fired from OpenAI
Worldcoin crypto, co-founded by Sam Altman, saw a drastic crash on 18 November after he was fired as OpenAi CEO in a dramatic move. The...
South Korean Stocks Rally as Government Bans Short-Selling Until June 2024
The Korean Composite Stock Price Index (KOSPI) of South Korea rallied 5% on 6 November after the government reimposed a ban on short-selling with an...
Hess to be Bought by Chevron for $53 Billion
Chevron Corp has made an agreement to buy Hess Corp for a deal worth $53 billion, making it the latest major consolidation in the US...
Vodafone Plans to Work With Amazon’s Project Kuiper to Extend 5G Reach
Vodafone to work with Amazon’s low Earth orbit satellite constellation Project Kuiper to increase the reach of its 4G and 5G telecoms networks in Europe...
Hong Kong Stock Exchange Shut as Super Typhoon Saola Nears
The Hong Kong Exchanges and Clearing Limited (HKEX) cancelled all trading sessions on Friday in the securities and derivatives markets, including the after-hours trading session,...
Subway Agrees to Sell Itself to Roark Capital for $9 Billion
Subway, the giant sandwich chain, has agreed to sell itself to private equity firm Roark Capital in a deal valuing the company at more than...
SoftBank Chip Unit Arm Files For Blockbuster Nasdaq IPO
British semiconductor and software design firm Arm has filed for its Initial Public offering (IPO) in the US on 21 August, making it the biggest...