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    Category: Economy

    IT giants skyrocket revenue but soaring employee costs spell trouble

    The top four information technology (IT) players in India by market capitalization have collectively achieved nearly a threefold revenue increase, registering a staggering 187 percent…

    The Top Companies by H-1B Visas Issued in 2024

    In December, Elon Musk called for more temporary foreign workers under the H-1B visa program, which is fueling a debate among Republican voters.For decades, tech…

    Recession bites as German jobs market faces slowdown ahead of early general election

    Germany’s unemployment rate stayed stable at 6.1 percent in December but the stagnation in Europe’s largest economy weighed on the labour market throughout 2024, according…

    Why are CEOs still betting big to align it with human skills?

    CEOs see technology as the principal growth driver in an uncertain world Technology innovation remains the most critical driver for growth, according to CEOs a…

    Google spent $2.1 billion to ‘rehire’ top AI engineer who quit Alphabet in frustration in 2021

    Google has made a bold and pricey decision, spending an eye-watering $2.7 billion to bring back a former employee who left in frustration just a…

    Ray Dalio names the top five forces shaping the global economy

    SINGAPORE — U.S. billionaire Ray Dalio named the top five forces at the front and center of the world’s economy. Speaking at the Milken Institute’s Asia Summit…

    Infosys & Wipro see sharp decline in number of employees earning over Rs 1 crore

    Number of crorepati employees at Indian IT companies dips! The number of employees earning over Rs 1 crore at India’s leading IT companies, Infosys and Wipro, has significantly…

     Mexico’s Grupo Coppel to invest over $700 million in 2024 to boost store network, may create 8,000 new jobs

    MEXICO CITY: Mexican retailer and lender Grupo Coppel plans to invest more than 12 billion Mexican pesos ($726 million) this year to boost its store…

    Insights on the Economy: Our 2024 Global Market Outlook

    The economic distortions of the past few years have produced tectonic shifts in the global investment landscape. The massive fiscal stimulus and near‑zero interest rates…

    Germany to dislodge Japan as world’s 3rd-largest economy

    Germany’s economy is projected to dislodge Japan’s as the world’s third largest in 2023, helped by a slide in the yen against the dollar and the…

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