Business

Pakistan faces economic strain; oil surge drives inflation toward 11%

Pakistan’s struggling economy is likely to remain under sustained pressure, with double-digit inflation expected to persist if global oil prices continue...

Adam Back again denies he is Satoshi, Bitcoin’s inventor

Adam Back has spent weeks being asked yet again, by various people, whether he is the inventor of Bitcoin. He is...

Chinese court rules firms can’t lay off workers on AI grounds

A Chinese court ruled that companies cannot terminate employees just to replace them with artificial intelligence systems, as authorities juggle the...

Rohit Jain appointed as RBI deputy governor

MUMBAI: The appointments committee of the cabinet has approved the appointment of Reserve Bank of India (RBI) executive director (ED) Rohit...

Kotak eyes Deutsche Bank’s retail assets, drops out of race for IDBI

MUMBAI: Kotak Mahindra Bank Saturday confirmed that it is looking at Deutsche Bank’s retail business, which is on the block, while...

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