Russian billionaires lose $67 bln of wealth amidst Ukraine war
The combined net worth of 23 Russian billionaires among the richest 500 people in the world list declined by $67…
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Iranian Rial records new low against U.S. dollar
Iranian Rial hits a new recorded low against the U.S. dollar on Saturday, despite central bank attempts to reduce…
Netflix cuts prices over 30 countries including Egypt
Netflix Inc. has announced a reduction in its subscription prices plans in some countries, including Egypt to…
Global debt sees first annual drop in 8 years
Global economy’s debt has its first annual drop in dollar terms since 2015, in light of the post-pandemic recovery…
Ericsson to slash 8,500 jobs globally
Swedish telecom equipment maker Ericsson announced that it will lay off about 8,500 employees globally to cut…
André Leon Talley’s possessions fetch about $3.6 million at auction
Over a hundred items from late fashion icon André Leon Talley's possessions were sold for $3.55 million at an…
Gwynedd raises £30K donations for Turkey-Syria’s quake aftermath
A community in Bethesda, Gwynedd rallied to raise donations worth £30,000 for the affected people in Turkey and…
Citigroup raises CEO’s 2022 pay to $24.5mln
Leading bank Citigroup increases first female CEO of a major Wall Street bank, Jane Fraser’s compensation by nine…
Toyota accepts union demands for biggest wage hike in 20 years
Renowned automaker, Toyota Motor has accepted the union demand for biggest base salary increase in two decades and…
Canadian inflation declines to 5.9% in January
Canada’s inflation shows a decline by 5.9 percent in January, according to data released on Tuesday, allowing the…