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BUSINESS

BUSINESS

Amazon Global Layoffs Continues

Digital Desk -
Amazon is laying off 16,000 employees, marking the online retailer's second round of massive job reductions over the last three months. This latest elimination...
BUSINESS

EU And India Clinches ‘Mother Of All Deals’ Free Trade Agreement

Digital Desk -
The European Union and India have announced they have reached a free trade agreement to deepen economic and strategic ties after years of negotiations....
BUSINESS

Gold Investing: A Timeless Asset with Historical Growth

Digital Desk -
Gold has captivated human civilizations for centuries, serving as a symbol of wealth, a medium of exchange, and a safeguard for preserving value. Today,...
BUSINESS

Spain fines Airbnb €64m for unlicensed tourist rentals

Digital Desk -
Spain’s government has fined Airbnb €64 million for advertising unlicensed tourist rentals, officials have said. The rentals did not include licence numbers — a requirement...
BUSINESS

OpenAI and Amazon sign 38 billion-dollar deal for AI computing power

Digital Desk -
OpenAI and Amazon have signed a 38 billion-dollar (£28.9 billion) deal that enables the ChatGPT maker to run its artificial intelligence systems on Amazon’s...
BUSINESS

UPS Cuts 34,000 Jobs With A Surge In Profits

Digital Desk -
United Parcel Service Inc just axed 34,000 jobs, in a dramatic turnaround smashing Wall Street’s third-quarter profit expectations for 2025. This boost has seen a...
BUSINESS

Coinbase Invests In CoinDCX In India

Digital Desk -
Coinbase announces investment in CoinDCX, expanding its presence in India and the Middle East, regions with over 100M crypto owners. The company announced a...
BUSINESS

Pfizer ramps up obesity treatments push with 4.9 billion dollar deal for Metsera

Digital Desk -
Pfizer is doubling down on obesity treatments by spending 4.9 billion US dollars (£3.6 billion) on the development-stage drugmaker Metsera. The Covid-19 vaccine and treatment...
BUSINESS

Meta stock surges after Q2 results beat expectations despite heavy AI spending

Digital Desk -
Meta has posted stronger-than-expected results for the second quarter, buoyed by growing ad revenue even as its expenses increased. Shares in the Facebook owner surged...
BUSINESS

ECB leaves interest rates unchanged as it assesses impact of Trump tariffs

Digital Desk -
The European Central Bank has left interest rates unchanged as it waits to see how big a blow US President Donald Trump’s tariffs will...
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