Month : September 2023

Business

ASEAN Summit in Jakarta sees PM Modi advocating India’s growing global impact

omandailynews.com
Prime Minister Narendra Modi marked his presence at the ASEAN-India Summit held in Jakarta, Indonesia, reflecting the deepening ties between India and the Southeast Asian nations. In his address at the 20th edition of the Summit, PM Modi emphasized that the ASEAN-India partnership, now in its fourth decade, is a testament to the......
Travel

Air Canada faces backlash as passengers evicted for refusing vomit-soaked seating

omandailynews.com
In a disturbing incident on an Air Canada flight, two female passengers were asked to disembark after refusing to occupy seats stained with vomit residue, narrates a fellow traveler. Traveling between Seattle and Montreal, the incident came to light when Susan Benson, another passenger on the flight, reported witnessing the scene. Positioned......
Business

Goldman Sachs accused of bullying culture in £1 million lawsuit

omandailynews.com
A former Goldman Sachs International employee, Ian Dodd, who served as the global head of recruiting from 2018 to 2021, has lodged a £1 million lawsuit in London, accusing the esteemed investment bank of fostering a “culture of bullying.” Dodd’s allegations paint a picture of a workplace where employees often “sobbed through......
Business

Amid political turmoil, Pakistan’s currency faces historic low

omandailynews.com
Amidst a backdrop of economic fragility and reliance on foreign aid, Pakistan’s currency, the rupee (PKR), has once again fallen dramatically against the US dollar, marking a distressing record low, the country’s central bank reported. From Islamabad, the State Bank of Pakistan highlighted the US dollar’s trading value at a staggering 307.10......
Health

New research warns of liver risk from daily soda consumption

omandailynews.com
A newly published study indicates that consuming just one soda a day could be detrimental to liver health. Conducted by researchers from the Harvard-affiliated Brigham and Women’s Hospital, the study spanned over 20.9 years and involved 98,786 women. The research was recently published in the Journal of the American Medical Association (JAMA). The......
Business

Belgium’s €22 billion bond sale signals low bank rate frustration

omandailynews.com
In a historic move, Belgium has successfully raised a staggering €21.9 billion ($23.65 billion) from retail investors through a bond sale, eclipsing previous records and signaling the public’s growing dissatisfaction with stagnant bank deposit rates. Launched on August 24, this initiative represents the largest fundraising effort from households in Belgium’s......
News

Africa faces skyrocketing costs of climate change, projected to reach $440 billion

omandailynews.com
Africa contributes minimally to global greenhouse gas emissions but bears a disproportionate brunt of climate change’s devastating effects. A recent report by the World Meteorological Organisation (WMO) stresses that the continent is becoming a hotspot for climate-induced crises affecting food security, ecosystems, and economies. In turn, these strains exacerbate displacement, migration, and......
Technology

Space economy to hit $1 trillion milestone in a few years

omandailynews.com
Last year marked a significant milestone for the global space economy, which crossed the half-a-trillion-dollar threshold. According to specialized studies from global institutions, the industry is slated to reach a staggering $1 trillion valuation in just a few years, reflecting the enormous economic prospects of this sector. The Space Foundation’s latest Space......
Business

Eni signs off on $7.7 billion to advance Egypt’s energy agenda

omandailynews.com
Italian energy leader Eni has declared plans to invest an impressive $7.7 billion in Egypt’s energy sector over the next four years, as announced by Ahmad Fahmi, the spokesperson for Egyptian President Abdul Fatah El Sisi. This financial commitment is considered one of the most significant foreign investments in Egypt’s energy sector in......