Kenyan firm lays off more than 1,000 workers after Meta contract paused
A Kenyan outsourcing company has laid off more than 1,000 employees after its work with Meta Platforms was put on hold. The firm, Sama, said the job cuts followed a … Read More
Category: Business
Sri Lanka Expands Online Visa System to Simplify Travel and Boost Tourism
Sri Lanka has continued to modernize its entry procedures by expanding its online visa application system, aiming to make travel easier and more efficient for international visitors. The digital system … Read More
Wall Street hits record highs as tech deals and antitrust ruling reshape global markets
Global financial markets ended the day on a strong note as investor optimism grew over easing geopolitical tensions and a possible path toward ending the Iran conflict, lifting sentiment across … Read More
Amazon’s $11.6bn Globalstar deal signals fresh push into space internet race
Amazon has announced an $11.6bn deal to acquire satellite operator Globalstar, marking a significant escalation in the growing competition to provide global satellite internet services and challenging the dominance of … Read More
India becomes major transit hub as over seven lakh travellers reroute from West Asia to major cities
India is emerging as a major global aviation hub after more than seven lakh international travellers reportedly rerouted their journeys from West Asia to key Indian cities in 2026, amid … Read More
Global Manufacturing Faces Renewed Pressure as Demand Weakens and Costs Rise
Global manufacturing activity is coming under renewed pressure, with businesses across major economies reporting weaker demand and continued cost increases, according to recent industry surveys. Factories are facing higher expenses … Read More
Global Traders Race to Secure Oil Supplies as Strait Crisis Tightens Market
Global oil markets are facing mounting pressure as traders race to secure crude supplies amid growing disruptions in the Strait of Hormuz, one of the world’s most critical energy shipping … Read More
Global Markets in Turmoil as Oil Prices Plunge on US–Iran Ceasefire Hopes; Inflation and Tech Risks Mount
Global markets were thrown into turmoil on Friday as oil prices swung sharply following a fragile ceasefire between the United States and Iran, with investors struggling to assess whether tensions … Read More
US Business Spending on Equipment Solid Before Iran Conflict
Washington, D.C. U.S. business investment in equipment remained on solid footing in February, just weeks before the outbreak of conflict with Iran, showing that companies were continuing to commit to … Read More
Europe Faces Energy Crisis and Considers Nuclear Revival as Prices Soar
Europe is confronting a new energy shock as rising prices and supply uncertainties prompt urgent debate over the future of the continent’s power generation. Geopolitical tensions affecting oil and gas … Read More