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Samsung to roll out Galaxy S23 with faster, sustainable features
Samsung Electronics, the South Korean technology giant, has reportedly introduced its flagship Galaxy S23 smartphone range on Wednesday, describing it as the most robust S series yet, inclusive of improved camera features, faster, and environmental-friendly features. Around 2,000 journalists and ... Read More
U.S. posts robust economic growth in Q4 2022 amid rising borrowing costs
The U.S. economy reportedly expanded more rapidly than anticipated in Q4, but this likely overstates the country's health considering a measure of domestic demand that surged at its weakest pace in two and a half years, highlighting the impact of increased borrowing costs. The early fourth-qu... Read More
North Korea pledges to get its economy on track after COVID disruption
North Korea has reportedly committed to revitalizing industrial output and returning the economy to ‘normalcy’ following the disruption created by the COVID-19 outbreak. As per reports, the Korean Central News Agency (KCNA) stated on Thursday that the principal responsibility of North... Read More
China’s outbound flight bookings remain low after reopening borders
China's outward airline bookings reportedly remained at only 15% of pre-pandemic numbers in the week following the announcement regarding the reopening of borders, despite a 192% increase from the same period last year, as per ForwardKeys, a well-known travel data firm Olivier Ponti, Vice Pre... Read More
Amazon to lay off 18000 employees over a looming technology downturn
Amazon, the US-based e-commerce giant, has reportedly planned to lay off more than 18000 staff members, a considerably larger number than previously decided, in the latest inkling of an intensifying technological downturn. As per reports, this new number would represent the most layoffs at a sign... Read More
Private residential prices in Singapore to hike moderately in 2023
Private residential prices in Singapore are reportedly expected to rise at a moderate pace in 2023, with the upside constrained by higher cost of borrowing, sluggish growth in resale HDB prices, and slower economic expansion. The private residential sector will probably experience challenges in 2... Read More
U.K.: Economy plummets by 0.3% than the initially expected 0.2% in Q3 of 2022
The U.K. economy reportedly declined by more than that expected in the third quarter of this year. According to the Office for National Statistics, the nation's gross domestic product (GDP), which measures the total value of all goods and services that are produced there, slumped by 0.3% from... Read More
Reliance Digital Health plans to buy 2.25% shares in Synchron Inc.
Reliance Digital Health, a subsidiary of Reliance Industries, has reportedly signed an agreement with Synchron Inc. to acquire its 2.25% stake as a part of its Series C financing. This Series C brings the total amount to $145 million since the inception of the firm. For the uninitiated, Synchron ... Read More
UnaBiz raises another $25 million to double its Series B funding
UnaBiz, an enabler of the massive Internet of Things (IoT) and the owner of Sigfox technology, recently announced that it had secured another $25 million in Series B funding. With this funding, the total amount raised during this round stand at $50 million, following the first tranche, which was ... Read More
Fortune Brands announces acquisition of several brands from ASSA ABLOY
Millwork company, Fortune Brands Home & Security (FBHS) has recently announced that it has inked a definitive agreement to overtake the Emtek and Schaub residential hardware business along with the Canadian and the U.S. Yale as well as August-based residential smart home locks business from Swed... Read More