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Apple named insider Kevan Parekh as its chief financial officer, replacing Luca Maestri who will transition from the role on Jan. 1, 2025. | Photo Credit: Reuters Apple on Monday named insider Kevan Parekh as its chief financial officer, replacing Luca Maestri who will transition from the role on Jan. 1, 2025. Parekh, who has…
Read More “Apple names insider Kevan Parekh as finance chief in place of Maestri” »
PBC is worried about unwinding of speculative short yuan positions | Photo Credit: REUTERS Having spent all year putting a floor under the tumbling yuan, China’s central bank is suddenly faced with the opposite problem and is turning to subtle ways to stop the currency from appreciating sharply. The usually restrained yuan has strengthened 1.3%…
Read More “After war with yuan bears, China keen to avert sharp gains” »
Growing signs of lackluster growth and risks emerging to the job market overshadowed a gathering of global policymakers at the U.S. Federal Reserve’s annual Jackson Hole conference, highlighting the changing trajectory of monetary policy as U.S. and European central banks eye cutting interest rates. Even as the focus of U.S. and European central bankers shifts…
Read More “Darkening global outlook, central bank pivots signal more turbulence” »
KL Rahul is likely to be removed as LSG captain© BCCI/Sportzpics Star wicketkeeper batter KL Rahul is set to be retained by Lucknow Super Giants (LSG) for the upcoming Indian Premier League (IPL) season 2025, but not as a captain. IANS understands that the captaincy pressure is the main reason for Rahul stepping…
The warm-up matches for the upcoming ICC T20 World Cup were announced on Tuesday, with India set to play West Indies and South Africa in their preparations for the marquee competition. The warm-up games are scheduled from Saturday, September 28 to Tuesday, October 1 in the United Arab Emirates, as per ICC. All…
Read More “ICC Women’s T20 World Cup 2024 Warm-Up Matches Announced” »
The Pakistan Cricket Board (PCB) chief Mohsin Naqvi refused to mince words when asked about his opinion on the team’s harrowing 10-wicket defeat against Bangladesh in the Rawalpindi Test. It was the first time that Pakistan suffered a defeat at the hands of Bangladesh in the longest format of the game, sending a…
Read More “Pakistan Cricket Board Chief Throws Entire Team Under The Bus After Bangladesh Loss” »
French President Emmanuel Macron said Monday that the arrest in France of the CEO of the popular messaging app Telegram, Pavel Durov, wasn’t a political move but part of an independent investigation. Durov was detained Saturday at Le Bourget airport in a judicial inquiry opened last month involving 12 alleged criminal violations, the Paris prosecutor’s…
Read More “France’s Macron says arrest of Telegram CEO Pavel Durov wasn’t political” »
An immigrant from Mexico picks up a delivery in New York | Photo Credit: AP Indians who migrate abroad often experience more than a 100% increase in their income levels whereas Indians who continue to work in their homeland often have to wait for over 20 years to get such a hike. This explains why…
Read More “Indians who migrate abroad see incomes double; residents need 20 years to catch up” »
New Delhi: In a letter to the US Congress, Facebook CEO Mark Zuckerberg has alleged that the US government under Joe Biden “repeatedly pressured” Meta to censor certain content on its platforms. In the letter addressed to US House of Representatives, Mr Zuckerberg said that the platform had to make some changes, that “with the…
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Philippine Defence Minister Gilberto Teodoro. File | Photo Credit: Reuters China is the “biggest disruptor” of peace in Southeast Asia, the Philippine defence chief said on Tuesday (August 27, 2024), as tensions between Manila and Beijing over disputed reefs and waters in the South China Sea escalate. “China… is the biggest disruptor of international peace…
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