World
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Sri Lanka’s central bank chief to reduce interest rates in 2023
Colombo: Steps will be taken in 2023 to reduce key interest rates in Sri Lanka, said Governor of Central Bank of Sri Lanka, Nandalal Weerasinghe. Weerasinghe told media on Sunday that inflation…
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Third of global economy will be in recession this year: IMF
Washington: International Monetary Fund (IMF) chief Kristalina Georgieva has warned that a third of the global economy will be in recession this year and 2023 will be “tougher” than 2022 as the…
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Five Taliban militants arrested in Pakistan’s Punjab province
Lahore: Five Taliban militants, who were plotting to target security installations, have been arrested in Pakistan’s Punjab province, officials said on Sunday. The terrorists belonging to the banned Tehreek-e-Taliban Pakistan (TTP) were…
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China: Amid rise in COVID-19 cases, hospitals cancel New Year holiday
Beijing: As COVID-19 cases in China continue to rise, hospitals in many cities have started working overtime during New Year’s day to fight against the epidemic, Global Times reported. All employees of…
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Covid: US announces testing for passengers from China and Hong Kong
Washington: Amid a record increase in COVID-19 infections in China, the Centers for Disease Control and Prevention announced that the US would require a negative COVID-19 test from all travellers arriving in…
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Musk trolls Andrew Tate with pizza tweet
San Francisco: Twitter CEO Elon Musk trolled influencer Andrew Tate with his pizza tweet after praising climate activist Greta Thunberg by calling her “cool” for her recent spat with Tate. Tate has…
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US finally bids farewell to 3G technology
San Francisco: It is curtains for 3G mobile services in the US, with the last telecommunication provider Verizon winding the old network on its customers’ devices. AT&T turned off its 3G service…
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At least nine killed in New Year stampede in Uganda
Kampala: At least nine people were killed and several others injured in a New Year stampede in Uganda’s capital, Kampala, police said on Sunday. According to the police, the incident involved several…
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Alibaba Founder Jack Ma resurfaces, cites ‘difficult’ year to rural teachers
Hong Kong: Alibaba Group Founder Jack Ma, who has gone into hiding after regulatory crackdown in China amid the massive Covid surge in the country, resurfaced in a short video on the…
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Tesla told workers not to discuss pay, working conditions: US labour board
San Francisco: Elon Musk-run Tesla has been accused of violating labour laws in the US, allegedly directing employees not to talk about pay and working conditions. In a complaint, the National Labor…
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The Market: 2022 in retrospect and looking at the year ahead
Calendar year 2022 has come to an end and one sentence that could possibly best describe it would be – it was a tough one. The year had plenty for it and…
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Twitter employees bring their own toilet paper as Musk fires janitors
San Francisco: Call it crazy but Elon Musk’s huge cost-cutting measures have forced some Twitter employees to bring their own toilet paper because there are no janitors to replace supplies at the…