Vessel traffic through Strait of Hormuz falls to 7, below 10-day average

Adani Ports is weighing a bid for Associated British Ports in the UK. This acquisition would expand Gautam Adani’s port empire significantly. Two Canadian pension funds are selling their controlling stake in Associated British Ports. Associated British Ports owns and operates twenty-one key ports across the United Kingdom. The company is also a partner for…

DoPT has forwarded representations seeking pension revision for central government employees who retired before 1 January 2026 to the Department of Expenditure. The move puts the demand formally before the government, but does not mean pension revision has been approved under the 8th Pay Commission.

Etsy is reducing its workforce by approximately 220 employees, impacting its product and engineering divisions. This restructuring aims to simplify the company’s organizational structure and support future growth initiatives. The online marketplace reported stronger-than-expected second-quarter revenue, exceeding analyst expectations. Etsy also raised its full-year forecast for gross merchandise sales, indicating positive momentum. Despite a slight…