The International Monetary Fund (IMF) has agreed to give Pakistan $ 7 billion in the next installments of the loan, but at the same time, it has imposed very strict conditions on Pakistan. On Thursday, the IMF in its statement bluntly said that Pakistan will have to “take additional steps”. ...

Employees of the company have been furious after Tesla company owner Elon Musk ended a $44 billion Twitter deal. Many employees have taken out a lot of anger on social media. Some employees accused Musk of taking steps to reduce the purchase price, while some accused them of cheating. Let ...

Volkswagen and its allies will invest more than USD 20 billion in the battery cell business, creating 20,000 jobs and aiming for more than USD 20 billion in annual sales by 2030 as it seeks to beat US rival Tesla which is leading the market. VW’s PowerCo unit will manage ...

In the latest move among drug manufacturing firms to establish dosage-form drug production services, Lonza says it is planning to invest $500 million to build a commercial-scale fill-and-finish facility for biologic drugs at a site in Stein, Switzerland. Lonza is one of the major pharmaceutical services firms and a leader ...

On Monday, the bodies of 50 migrants were found in a truck parked on the side of the road in Texas, USA. More than 100 people were crammed into the truck. According to the information, 16 people have been admitted to the hospital, whose condition is said to be critical. When the police ...

The Group of Seven prosperous democracies will commit on Tuesday (June 28) to a new package of coordinated actions to increase pressure on Russia over its war in Ukraine, and finalize plans for a price cap on Russian oil, a senior US official said on Monday. The announcement came amid ...

On Sunday, France’s major energy companies urged individuals and businesses to immediately limit electricity consumption to prepare for an impending energy crisis. The CEOs of Engie ENGIE.PA, EDF EDF.PA and Total TTEF.PA said in an open letter published by the weekly newspaper Journal du Dimanche, “We must work collectively to ...

Russia – McDonald’s is also among the companies that have closed their business in Russia due to sanctions imposed due to the Ukraine war. But now once again the people of Russia are enjoying burgers and other food like McDonald’s. On Sunday, 15 McDonald’s restaurants opened with a new brand ...

After some more details emerged regarding the Partygate scandal, it was announced on Monday to move a vote of confidence. Britain’s Prime Minister Boris Johnson, who is in trouble due to the Partygate scandal, will have to prove the confidence of the House in the House of Commons on Monday. The ...

The US becomes India’s largest trading partner in 2021-22. Earlier China was the largest trading partner. This reflects the strong economic ties between the two countries. Trade experts believe that bilateral trade with the US will continue to grow in the coming years as India and the US continue to strengthen their economic ...