Goldman Sachs pays off $2.5b to Malaysia to settle 1MDB scandal

Goldman Sachs pays off $2.5b to Malaysia to settle 1MDB scandal

Kuala Lumpur: Goldman Sachs Group has made the $2.5 billion payment it pledged to the Malaysian government to settle allegations of misconduct related to 1MDB. The funds will be used to repay outstanding debt of the disgraced sovereign wealth fund. The government received the funds in its escrow account on Thursday. Malaysia plans to use the […]

Everyone’s coming to grips with hybrid working ways

Everyone’s coming to grips with hybrid working ways

Against all expectations, work from home actually led to improved results, and those levels were sustained. Even under performers turned in some startling work results. Image Credit: Pixabay “It’s good to be back…” I have heard this quite a few times lately. Now, who would have thought that being in the office would be missed? […]

India’s upcoming economic data contain a lot of guesswork

India’s upcoming economic data contain a lot of guesswork

India’s latest GDP estimates, to be released August 31, will show the economy in contraction, and by the biggest drops in recent history. But putting a finger on the extent of decline will be tough as data collection went awry during lockdown. Image Credit: ANI Mumbai: The coronavirus pandemic has made the job of predicting […]

Highlights from the nomination acceptance

Highlights from the nomination acceptance

Trump RNC speech: Highlights from the nomination acceptance SEARCH QUOTES Original news source Credit: www.cnbc.com

Emirati Women’s Day 2020: Sheikh Mohammed pays tribute to the women of the nation

Emirati Women’s Day 2020: Sheikh Mohammed pays tribute to the women of the nation

Dubai: On the occasion of Emirati Women’s Day on Friday, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, offered a congratulatory message. On his Twitter handle, he posted a 1.13-minute video he paid rich tribute to the women of the land. He wrote: “To […]

Emirati Women’s Day 2020: UAE’s leaders pay tribute to the women of the nation

Emirati Women’s Day 2020: UAE’s leaders pay tribute to the women of the nation

Dubai: On the occasion of Emirati Women’s Day on Friday, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, offered a congratulatory message. On his Twitter handle, he posted a 1.13-minute video he paid rich tribute to the women of the land. He wrote: “To […]

Walmart says teaming with Microsoft in bid for TikTok

Walmart says teaming with Microsoft in bid for TikTok

TikTok is a short video sharing application Image Credit: AFP San Francisco: US retail giant Walmart said Thursday it had teamed with Microsoft to buy TikTok, the Chinese-owned short-form video app that has come under fire from the administration of President Donald Trump. The app has been at the center of a diplomatic storm between […]