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India’s Jet grounds seven more planes amid shutdown fears

India’s Jet grounds seven more planes

India’s Jet grounds seven more planes The Mumbai-primarily based airline has now been left with just a area of its fleet of 119 aircraft in operation NEW DELHI: India’s debt-weighted down Jet airlines has grounded seven greater planes after failing to pay for its aircraft leases, heaping pressure on its …

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Sri Lanka signs $1bn loan with China to build highway

Sri Lanka signs $1bn loan

Sri Lanka signs $1bn loan Sri Lanka signed a $989 million mortgage with China’s Exim financial institution on Friday to construct a dual carriageway linking the centre of the Indian Ocean Island to a chinese language-constructed seaport in the south, the Sri Lankan finance ministry stated. As a part of …

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Alibaba, Tencent, car makers set up $1.5bn China ride-hailing venture

Alibaba, Tencent

Alibaba, Tencent, Suning, and automobile makers consisting of Chongqing Changan vehicle have installation a $1.five billion chinese language trip-hailing undertaking, a pass that might test the dominance of experience-sharing large Didi Chuxing. Chongqing Changan vehicle said on Friday that it has invested 1.6 billion yuan ($238.36 million) inside the Nanjing-primarily …

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Intel aims to push beyond phones with 5G infrastructure deals

Intel aims to push beyond phones

Intel aims to push beyond phones Intel Corp on Monday introduced new chips and partnerships that it hopes will convince its traders that the billions of dollars in studies and improvement that it has poured into 5G networking technology will pay off. Intel, the arena’s second-largest chip maker by way …

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Huawei racks up 5G deals at top mobile fair despite US pressure

Huawei racks up 5G deals

Huawei racks up 5G deals Chinese telecoms giant Huawei racked up a slew of deals to sell 5G equipment at the world’s top mobile fair in Spain despite Washington’s campaign to convince its allies to bar the firm from their next-generation wireless networks. The famously secretive company launched a media …

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edotco charts next phase of digital growth for Pakistan

edotco charts next phase

Malaysian business enterprise signs and symptoms agreements with Jazz, Telenor and Zong 4G ambitions to boost connectivity abilties in Pakistan through shared telecommunication towers, efficient operations and power control edotco group, the leading cease-to-give up included telecommunications infrastructure offerings company, has reinforced its dedication to Pakistan with the aid of …

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State-sponsored cyber attacks on banks on the rise: report

cyberattacks on banks

State-sponsored cyber attacks on banks Cyber attacks on financial establishments are increasingly being connected to 0df4f52a910a2727661aafb942fbd805, resulting in unfavorable and disruptive damages as opposed to just robbery, according to a file with the aid of the Carnegie Endowment for worldwide Peace. Out of 94 cases of cyber attacks mentioned as …

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Economic gloom hits world stock markets

Economic gloom hits world

Economic gloom hits a world worries approximately monetary boom potentialities hit worldwide inventory markets during the past week, inflicting sharp rate drops on both sides of the Atlantic. In bloodletting on Wall avenue, US stocks suffered their worst considering the fact that early January. The carefully watched “yield curve” flashed …

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