Business – Page 226 – Arab Daily Digital

A Whopping $5,600 Tip Left Restaurant Staffs In Tears

A customer left a whopping $5,600 (over four lakh rupees) tip at a restaurant in the US state of Ohio, which allowed the establishment’s 28-person staff to take home $200 each, a

22 December 2020

Business·Lifestyle·USA

Emerging Economies Expect Benefits From $900 Bn US Stimulus

After a massive plunge in global equities due to renewed Covid fears, market insiders pinned hopes on the $900 billion US stimulus bonanza re-igniting a torrent of foreign fund inflows into emerging

22 December 2020

Business·Economy·USA

IBM Takes Over Eurpean Cloud Firm Nordcloud

Tech giant IBM has announced to acquire Nordcloud, a European leader in cloud implementation, application transformation and managed services, for an undisclosed sum. Helsinki-based Nordcloud is triple certified in Amazon Web Services

22 December 2020

Business·EU News

Google, Mithril Capital Invests $145 Mn In Glance

Glance, a subsidiary of InMobi Group and owner of video-sharing social media platform Roposo, on Tuesday announced it has closed a $145 million investment round from Google and existing investor Mithril Capital.

22 December 2020

Business·Tech Lite

India’s Housing Sales Plummet In 2020

Home sales across the top seven cities declined 47 per cent to 1.38 lakh units in 2020, according to a report by Anarock Property Consultants. In 2019, overall sales across the major

22 December 2020

Business·Economy·India News

China To see 40% 5G connected cars by 2025: Report

5G connected car sales volume in China will reach 7.1 million units in 2025, accounting for 40 per cent of the country’s total connected car sales volume, according to latest research. The

20 December 2020

Business·China·Tech Lite

Reliance, BP Begin Gas Production From Ultra Deep Water Field

Reliance Industries Limited (RIL) and British Petroleum (BP) have announced the start of production from the R Cluster, ultra-deep-water gas field in block KG D6 off the Kakinada coast. RIL and BP

20 December 2020

Business·Economy·India News

Bharti, UK Govt Led Oneweb Puts 36 satellites In Orbit

Bharti Global and the UK government-led satellite communications company OneWeb announced the launch of 36 satellites from a Soyuz launch vehicle, which began from the Vostochny Cosmodrome (Russia). A statement by OneWeb

20 December 2020

Business·UK News

Huge Jump In Loan Write-offs in NDA Era: Report

“The official data is not only revealing but very distressing. During the 10 years of UPA government (2004-2014), the total loans written off was Rs 2,20,330 crore, but during less than five

20 December 2020

Business·Economy·India News

Defaulting Wages: Apple Puts Wistron On Probation

Apple has placed Wistron Corporation on probation after finding fault with the company over payment delays in October and November to workers at the Taiwanese contract manufacturer’s Narasapura facility near the Karnataka

20 December 2020

Business·Economy·India News·USA

Business - Page 226