Microsoft is adding more ads to the Android and iOS Outlook apps. Free users can avoid seeing adverts by using the Focused inbox. If you can’t stand the ads, you must subscribe to Microsoft 365 or de-install Outlook.com/Outlook. There are ads everywhere on the internet, even when you are just reading your email. Now, Microsoft … Read more
NEW YORK: Renowned credit rating agency Fitch Ratings has revised Pakistan’s outlook from “stable” to “negative” after the worsening liquidity and economic situation in the country. In a statement, Fitch said the revised outlook reflects a significant deterioration in Pakistan’s external liquidity position and financing conditions since early 2022. It affirmed Long-Term Foreign-Currency (LTFC) Issuer … Read more
Microsoft split Windows Insider Beta into two paths Insiders in the 22622.x range will get builds with new features enabled by default. Another group of Insiders will stay in build 22621.x, with enabling packages turned off. Microsoft splits the Windows Insider Beta channel into two paths to carefully test new features for Windows 11 version … Read more
NEW YORK: American Airlines reported another quarterly loss Thursday after the latest Covid-19 surge dented demand at the end of the year, but said consumers were booking more trips for the spring. The big US carrier echoed rivals Delta Air Lines and United Airlines in citing the Omicron wave of Covid-19 as a recent drag … Read more
WASHINGTON: S&P Global Ratings on Friday changed its outlook for Turkey’s credit rating to negative from stable, as the country struggles with high inflation and a depreciating currency. Turkey’s annual inflation has surged above 20 per cent to its highest level in three years after President Recep Tayyip Erdogan installed loyalists at the central bank who … Read more
NEW YORK: Goldman Sachs has cut its outlook for U.S. economic growth to 3.8 percent for 2022, citing risks and uncertainty around the emergence of the Omicron variant, according to a Reuters report. “Worker shortages could last longer” if people do not feel comfortable returning to work due to Omicron, Reuters reported Sunday, citing a … Read more
PARIS: The OECD lowered the world’s economic growth outlook for 2021 on Wednesday and called for a swifter rollout of Covid vaccines, fearing the emergence of “breeding grounds” for deadlier strains. The global economy is now expected to expand by 5.6 per cent this year, down from an earlier forecast of 5.7 per cent, the … Read more
S&P Global Ratings has revised Bahrain’s outlook to ‘stable’ from ‘negative’ on the back of new fiscal reforms aimed at improving non-oil revenues and cutting state spending, Reuters quoted the ratings agency, as saying in a statement. Rated below investment grade, Bahrain was bailed out to avoid a credit crunch in 2018 with a $10 … Read more
WASHINGTON: The International Monetary Fund (IMF) maintained its 6 per cent global growth forecast for 2021, upgrading its outlook for the United States and other wealthy economies but cutting estimates for a number of developing countries struggling with surging Covid-19 pandemic. The Fund has cut this year’s economic growth forecast for some Asia countries including India, … Read more
