Kamprad reused tea bags and ate at IKEA cafeterias, avoiding expensive dining options. (AP file photo) Ingvar Kamprad built one of the world’s biggest furniture brands, but his personal life looked very different from what many would expect of a billionaire.The IKEA founder, whose fortune was once estimated at $58.7 billion, was known for living…
Volkswagen’s CEO, Oliver Blume, is reportedly planning drastic measures to boost competitiveness, including potentially cutting up to 100,000 jobs and closing four German factories. Volkswagen has finally said the number out loud. In an internal memo to staff, CEO Oliver Blume flagged roughly 50,000 additional job cuts on top of the 50,000 already agreed across…
Actress Sanam Shetty has found herself at the centre of a fresh controversy after an appearance at a protest against alleged NEET examination irregularities in Chennai. The event took an unexpected turn when she was interrupted while speaking, and videos from the venue quickly spread across social media. Soon after, Sanam met the media outside…
After Mitch McConnell issued his health update and released a photo, MAGA voters claimed it could be an old photo or an AI-generated one. 84-year-old senator Mitch McConnell issued a photo from the hospital along with a statement on his health update amid intense speculation that the Kentucky Republican was brain-dead. The speculations became louder…
Brendon McCullum (AP Photo) England’s search for a new Test coach has taken on a distinctly IPL flavour, with several of the world’s most accomplished franchise coaches emerging as leading contenders to replace Brendon McCullum following his dismissal.Former England coach and current Royal Challengers Bengaluru head coach Andy Flower heads a nine-man shortlist that also…
Despite participating in the share sale, several of the larger institutional investors have made only limited reductions to their holdings. NSE IPO: Most existing shareholders of the National Stock Exchange of India (NSE) have continued to hold a substantial part of their stakes even after selling shares through the offer-for-sale (OFS) portion of the exchange’s…
Pakistan continued to lean towards foreign funding in the last fiscal year, with total inflows touching around $27 billion. Saudi Arabia and China continued to roll over billions of dollars in loans, according to a provisional report by the ministry of economic affairs. In the previous fiscal year, the country had borrowed approximately $26 billion,…
The Thunder unmanned rotary-winged system of Anduril Industries. (Image credit: Anduril) As technology leapfrogs and resets the boundaries of understanding, it moves from one milestone to another, with almost nothing left unchanged. These changes are visible in the realm of combat. One of these changes has been on display at the ongoing Farnborough Airshow, being…
Crude oil prices jumped to six week high on Thursday, with Brent rising above the $96-a-barrel mark and US benchmark WTI climbing past $88, as the Middle East conflict showed no signs of easing. Brent crude gained $1.93, or 2.05%, to trade at $96 a barrel, while West Texas Intermediate (WTI) advanced $1.41, or 1.62%,…
Jaishankar and Rubio in Manila External affairs minister S Jaishankar on Wednesday met US secretary of state Marco Rubio in Manila, with the two leaders holding wide-ranging discussions on trade, tariffs, energy, defence, critical minerals, artificial intelligence and regional security.The meeting took place on the sidelines of the Association of Southeast Asian Nations (Asean) foreign…
