Search Results

Musk says H-1B visas being 'gamed' by outsourcing firms

Musk says H-1B visas being 'gamed' by outsourcing firms

 Tesla boss Elon Musk has said H-1B visas were being "gamed" by "some outsourcing companies", but the solution was stopping the abuse and not dismantling the system.Roughly 70% of these visas - that allow US companies to hire skilled foreign workers - are used by Indi

Ultimate Uganda

Uganda’s recoverable oil reserves rise to 1.65 billion barrels.

Uganda’s recoverable oil reserves rise to 1.65 billion barrels.

Uganda’s petroleum sector has reported an increase in the country’s estimated oil and gas reserves, according to Ernest Rubondo, Executive Director of the Petroleum Authority of Uganda (PAU), a government agency that regulates the sector.According to Rubondo, the latest assessments ind

Ultimate Uganda

Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'

Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'

Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards the end of 20

Ultimate Uganda

India has the potential to reach $500 billion electronics output by 2030

India has the potential to reach $500 billion electronics output by 2030

New Delhi, Nov 20 India’s electronics sector could scale up to $500 billion in production and exports by ...India has the potential to reach $500 billion electronics output by 2030 | India has the potential to reach $500 billion electronics output by 2030India has the potential to

Ultimate Uganda

Bitcoin price crash indicates free fall to $80,000 amid AI bubble fears

Bitcoin price crash indicates free fall to $80,000 amid AI bubble fears

The bitcoin price has crashed below $91,500, deepening a selloff that’s erased all of its gains for the year. Traders are now positioning for more pain.Bitcoin is in free fall—and traders are positioning for more pain.The Fed and AI bubble talk are two major headwinds for crypto

Ultimate Uganda

US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other Countries.

US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other Countries.

US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other CountriesLukoil's international assets are estimated to be worth about $22 billion, based on 2024 filings.The Trump administration on Friday gave clearance to potential buyers to talk to Russia’s Lukoil about buyin

Ultimate Uganda

West Africa: Mali Faces Record Number of Kidnappings of Foreigners.

West Africa: Mali Faces Record Number of Kidnappings of Foreigners.

The number of foreigners kidnapped by jihadists in Mali has reached a record high, with at least 22 taken hostage by the al-Qaeda affiliate group JNIM in the last six months, as part of its strategy to undermine the ruling junta.Between May and October the Group for the Support of Islam an

Ultimate Uganda

Russia to demonstrate new Supercam high-speed recon drone at Dubai Airshow

Russia to demonstrate new Supercam high-speed recon drone at Dubai Airshow

Russia’s integrated exposition at the Dubai Airshow 2025 will feature the Supercam S350 dual-purpose UAV, the Supercam SX350 vertical takeoff and landing drone and the Supercam X4 rotary-wing drone, the Unmanned Systems Group of Companies saidMOSCOW, November 13. /TASS/. Russia will for

Ultimate Uganda

Russian economic meltdown as 7,000 companies face bankruptcy.

Russian economic meltdown as 7,000 companies face bankruptcy.

Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high interest rates, since the outbreak of the full-scale war in February 2022.The key interest rate rose to a staggering 21% last

Ultimate Uganda

Oil rises after Ukrainian attack on Russian depot.

Oil rises after Ukrainian attack on Russian depot.

Drone attack in export hub Novorossiysk fuels supply worriesBeijing/Singapore — Oil prices jumped about 2% on Friday on supply fears after a Ukrainian drone attack hit an oil depot in the Russian Black Sea port of Novorossiysk, a major export hub.Brent crude futures rose $1.24, or

Ultimate Uganda