Thought your winter was cold? Temperatures in the world’s coldest city have plunged to minus 50 degrees Celsius (minus 58 degrees Fahrenheit). The city of Yakutsk in east Siberia, widely identified as one of the coldest places in the world, has seen an abnormally long cold snap. January is its coldest month and, although they’re accustomed to […]
Author: News Desk
Multiple releases allegedly sent from Adidas are fake, according to retailer
Several press releases allegedly sent from Adidas about a Berlin Fashion Week launch, its treatment of workers abroad, and other topics related to its business structure were fake, according to the company. Multiple releases allegedly sent from Adidas are fake, according to retailer. “We’re not commenting on these fake emails/releases,” said Claudia Lange, the retailer’s […]
Indian social media unicorn ShareChat fires 20% of staff
Indian unicorn ShareChat has laid off around 20% of its workforce in a bid to cut costs amid global headwinds. Mohalla Tech, which owns the video-sharing app, said it made the “difficult” decision due to concerns about a sustained economic downturn. Indian social media unicorn ShareChat fires 20% of staff. The company, which employs around […]
IMF says fragmentation to cost global economy up to 7% of GDP
The International Monetary Fund said that fragmentation could cost the global economy up to 7% of GDP in a new report. The longer-term cost of trade fragmentation varies from 0.2% of global output to almost 7%, which is roughly the combined annual output of Germany and Japan, according to the report published Sunday, which outlines […]
How China sneaks out America’s technology secrets?
It was an innocuous-looking photograph that turned out to be the downfall of Zheng Xiaoqing, a former employee with energy conglomerate General Electric Power. According to a Department of Justice (DOJ) indictment, the US citizen hid confidential files stolen from his employers in the binary code of a digital photograph of a sunset, which Mr […]
Hong Kong markets set to benefit from reopening of Chinese economy
Hong Kong markets are set to benefit from the reopening of the Chinese economy, despite Beijing’s disappointing annual GDP growth rate in 2022, according to Chairman Laura Cha. The Chinese GDP grew by 3% last year, the National Bureau of Statistics said Tuesday, slightly surpassing the expectations of a Reuters poll but sitting well below the […]
The worst Job in the US is working in retail
Retail store associates have the worst job in the US right now as the industry faces a series of post-pandemic headwinds, a US News & World Report analysis found. The worst Job in the US is working in retail. The magazine ranked 190 jobs across 17 categories on criteria including growth potential, work-life balance, and […]
UK hospitals admitting one child after every 20 minutes over drugs usage
A Daily Mail investigation has revealed a shocking fact that a child was hospitalized every 20 minutes last year on average after intentionally poisoning themselves with drugs or alcohol. UK hospitals admit one child after every 20 minutes over drugs usage. The British daily reports that over the previous five years, hospital admissions for youngsters who […]