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1 min read

Under strain from war, Russia plans a massive layoff in its public sector: report

Russia is expected to lay off at least 40,000 government officials by July, according to a report b…

Hannah Abraham   


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2 mins read

A new way for Russia to cement its hold on Ukraine: dirt-cheap mortgages

A Russian bank says it is launching a 2% mortgage rate for primary housing in Ukraine's occupied re…

Thibault Spirlet   


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7 mins read

The rise of Airbnb CEO Brian Chesky, who overcame the COVID-19 travel slump and is now leading the company through rental crackdowns

Brian Chesky, Airbnb's 43-year-old cofounder, had an unconventional path to Silicon Valley. Now his…

Jordan Hart,Dan Latu,Avery Ha…   


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2 mins read

FPI ownership in NSE-listed companies drops below 18% in FY24

Foreign portfolio investments in India's NSE-listed companies have experienced significant fluctuat…

ANI   


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5 mins read

India's population to peak in early 2060s to 1.7 billion before declining: UN

According to the report, India's population in 2024 is projected at 1.45 billion and this will peak…

PTI   


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Strong growth, lower fiscal deficit may lead to India rating upgrade: Deutsche Bank

Strong growth and a narrower fiscal deficit can lead to a sovereign rating upgrade for India, a Ger…

PTI   


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Russia is betting big on Cuba as it courts alternative economic partners

Russia is expanding its economic and trade ties with Cuba as more than 100 companies start operatio…

Huileng Tan   


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3 mins read

Israel-Hamas conflict threatens to reignite rise in food and fuel prices

Fears that Israel's expanding military operations in Gaza could escalate into a regional conflict a…

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2 mins read

Russia's economy appears resilient, but companies are going bankrupt by the hundreds

Russian corporate bankruptcies have risen sharply, reflecting business difficulties even amid rosy …

Huileng Tan   


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1 min read

Mobility startup Swvl to fire over 400 employees in order to 'enhance efficiency'

The news comes as more than 15,000 workers have lost jobs in the tech sector in the US in the month…

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Seychelles says it 'welcomes Russians with open arms' even as the island nation condemns the war in Ukraine

Tourism is a key pillar of the Indian Ocean island's economy, and Russia was the island nation's to…

Huileng Tan   


Theron Mohamed   


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2 mins read

How Russia's invasion of Ukraine, vampire obsession, and 'secret bio-weapons' have played into China's narrative about COVID-19's origin

Russia's false claims about US bio-weapons laboratories in Ukraine have fed conspiracy theories in …

Matthew Loh   


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Oil tumbles towards $100, as renewed COVID-19 lockdowns in China and recession fears depress demand outlook

"Markets remain torn between recession fears in the US, Europe, and China torpedoing growth and thu…

Zahra Tayeb   


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Crude oil price on a falling spree as US to release emergency oil reserve to control energy costs

Crude oil prices have been falling across the globe since the last couple of days as the US has rel…

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2 mins read

Social-media users in China are obsessing over a conspiracy theory claiming the COVID-19 virus was produced by US-linked laboratories in Ukraine

The buzz centers on a Global Times article that also said, "When the truth is revealed, America wil…

Cheryl Teh   


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7 mins read

Indians remain wary of booster doses as Covid wanes and side-effect worries rise

In a national survey conducted by LocalCircles, 50% of citizens said that they were hesitant to tak…

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1 min read

Putin says he took an experimental nasal COVID-19 vaccine

Vladimir Putin said he took part in trials for the nasal vaccine, as well as got a booster shot of …

Sinéad Baker   


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World Bank slashes global growth forecast due to Russia's invasion of Ukraine and preps a relief package bigger than its COVID-19 funding

"Sixty percent of low-income countries are already in debt distress or at high risk of it," World B…

Phil Rosen   


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3 mins read

Biden to give first State of the Union address against a backdrop of high inflation and Russia's invasion of Ukraine

Biden will speak to the country on Tuesday as much of his domestic agenda has stalled in Congress a…

John L. Dorman