Category : Search result: economic turnaround


UPS Axes 34,000 Jobs in 2025 Restructuring

Global delivery titan UPS has eliminated 34,000 positions in just nine months as part of an aggressive turnaround strategy. Discover how this workforce reduction is reshaping one of world's largest logistics companies.

Pakistan Poverty Rate Hits 25%: World Bank Report

World Bank reveals shocking data showing Pakistan's poverty rate has surged to 25%, with 12.5 million more people falling below poverty line. Economic crisis worsens amid inflation and policy failures.

India's Industrial Output Steady at 4% in September

India's industrial production maintained a steady 4% growth in September 2023, with manufacturing sector showing robust performance despite global headwinds. Key sectors including mining and electricity also contributed to the positive economic indicators

AI Boom Squeezes Rest of US Economy

The explosive growth of America's AI sector is creating unexpected economic pressures, diverting resources and talent from traditional industries. Discover how this technological boom is reshaping the entire economic landscape.

CPCL Posts ₹732Cr Q2 Profit in Major Turnaround

Chennai Petroleum Corporation Limited (CPCL) makes a stunning recovery in Q2 FY24, swinging from a ₹1,293 crore loss to a massive ₹732 crore profit. Revenue surges 21% as refinery operations hit peak efficiency.

India's Economy Booms Despite US Tariff Tensions

India's economy demonstrates remarkable resilience as trade diversification and robust domestic demand fuel strong growth projections. Government report reveals strategic pivot in global trade partnerships amid rising US tariff pressures.

India's Domestic Consumption to Drive H2 2024 Growth

SBI Capital Markets forecasts India's economy will maintain robust growth in second half of 2024, with domestic consumption offsetting global slowdown pressures. Key sectors driving expansion revealed.

Pakistan Economy Collapses: Debt Hits $286.8B

Pakistan faces economic meltdown as public debt skyrockets to $286.8 billion with debt-to-GDP ratio reaching 70%, raising serious concerns about the nation's financial stability and future recovery prospects.

Reagan vs Trump: Clash Over Tariffs Exposed

While Donald Trump champions aggressive tariffs, historical records reveal Ronald Reagan vehemently opposed such protectionist measures, warning they would harm American consumers and businesses.

IMF: Asia Pacific Faces Major Economic Shock from Tariffs

The International Monetary Fund warns that Asia-Pacific economies face significant economic turbulence as global tariff tensions escalate. Learn how trade barriers could impact growth and stability across the region.

Rupee Eyes Gains Post-Diwali, Trade Deal in Focus

Indian rupee expected to gain after festive break as traders eye potential US-India trade agreement breakthrough and Federal Reserve policy signals. Key economic indicators to watch.

China's Consumption Crisis: Economic Engine Sputters

As China's Communist Party gathers for its annual meeting, a deepening consumption crisis threatens economic growth. Discover why Chinese households are tightening their belts despite government stimulus efforts.

AI Bubble Threatens US Economy Beyond Stock Market

Experts warn the artificial intelligence investment frenzy could trigger not just market corrections but severe economic consequences for the United States. Learn why this bubble might be different.

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