U.S. stocks lose steam on Nvidia CEO exit, rising bond yields

U.S. stocks lose steam on Nvidia CEO exit, rising bond yields

NEW YORK, New York - U.S. stocks lost their footing on Thursday, upended by the sudden resignation of Nvidia CEO Jensen Huang. Shares...

Unilever, McCormick face in-depth UK probe without fixes

Unilever, McCormick face in-depth UK probe without fixes

LONDON, U.K.: Unilever and McCormick must offer remedies by November 18 to address competition concerns in recipe mixes and sauces,...

Novo, Lilly drugs to carry new FDA eye risk warning

Novo, Lilly drugs to carry new FDA eye risk warning

WASHINGTON D.C.: The US Food and Drug Administration is requiring GLP-1 drugs for weight loss and diabetes, including Eli Lilly's Mounjaro...

Hot US inflation keeps Fed on course for December hike

Hot US inflation keeps Fed on course for December hike

WASHINGTON, D.C.: Higher costs for food and accommodation pushed U.S. consumer prices up more than expected in October, showing a strong...

Coupang to fight $220 million South Korean antitrust fine

Coupang to fight $220 million South Korean antitrust fine

SEOUL, South Korea: Coupang has said it will legally challenge a 300.9 billion won (US$220.59 million) fine imposed by South Korea's...

U.S. stocks rebound Wednesday, techs take the lead

U.S. stocks rebound Wednesday, techs take the lead

NEW YORK, New York - U.S. stocks closed higher on Wednesday, with the tech sector leading the way. Nvidia recovered some of its recent...

Anthropic seeks up to $64.4 billion in Nasdaq listing

Anthropic seeks up to $64.4 billion in Nasdaq listing

NEW YORK CITY, New York: Anthropic, the AI lab best known for its Claude chatbot, is aiming for a valuation of up to US$1.4 trillion...

UniCredit nears EU antitrust OK for Commerzbank

UniCredit nears EU antitrust OK for Commerzbank

BRUSSELS, Belgium: The European Commission is set to give unconditional EU antitrust approval to Italy's UniCredit for its acquisition...

China keeps 24% tariff on US goods on hold for two months

China keeps 24% tariff on US goods on hold for two months

BEIJING, China: China has effectively extended its trade truce with the United States by two months, saying it will continue to suspend...

U.S. stocks slide Tuesday as sell-off in Nvidia extends

U.S. stocks slide Tuesday as sell-off in Nvidia extends

NEW YORK, New York - World stock markets closed Tuesday's session with a split performance, as major U.S. indexes retreated while Asia-Pacific...

Nvidia board backs Huang as spy probe raises questions

Nvidia board backs Huang as spy probe raises questions

SEOUL/SYDNEY: An internal investigation into whether a foreign intelligence effort targeted Nvidia CEO Jensen Huang has put his future...

AI selloff rattles markets as credit risks and volatility rise

AI selloff rattles markets as credit risks and volatility rise

LONDON, UK: A sharp selloff in technology stocks has raised concerns about the resilience of global financial markets, with volatility...

OpenAI secures $11 billion as valuation falls below target

OpenAI secures $11 billion as valuation falls below target

SAN FRANCISCO, California: OpenAI has secured $11 billion in fresh funding at a valuation of $1.25 trillion, below the $1.5 trillion...

Berkshire buys back $9.6 billion in shares despite profit drop

Berkshire buys back $9.6 billion in shares despite profit drop

OMAHA, Nebraska: Berkshire Hathaway repurchased $9.6 billion of its shares in the third quarter and another $2 billion in October,...

U.S. stocks in huge rally, Dow surges 1,104 points, Nasdaq gains 2.74%

U.S. stocks in huge rally, Dow surges 1,104 points, Nasdaq gains 2.74%

NEW YORK, New York - U.S. stock markets staged a huge rally to kick off the new week on Monday. Equity markets, domestically and globally,...

China holds up imports as 600,000 Nvidia chips sit in Hong Kong

China holds up imports as 600,000 Nvidia chips sit in Hong Kong

HONG KONG: Around 600,000 of Nvidia's advanced artificial intelligence chips are being held in Hong Kong as they await shipment to...

TikTok faces EU action over addictive 'rabbit hole' video feeds

TikTok faces EU action over addictive 'rabbit hole' video feeds

BRUSSELS, Belgium: TikTok faces possible changes to its recommendation algorithm in Europe after EU regulators accused the social media...

Tesla shifts focus to Cybercab as Cybertruck production winds down

Tesla shifts focus to Cybercab as Cybertruck production winds down

AUSTIN, Texas: Tesla plans to wind down production of its Cybertruck at its Texas gigafactory around mid-2027, CEO Elon Musk announced...

CVS announces major breakup, shares plunge 13 percent

CVS announces major breakup, shares plunge 13 percent

WOONSOCKET, Rhode Island: CVS Health announced plans on November 4 to dismantle the healthcare conglomerate it spent two decades building,...

CFTC allows single-stock perpetual futures to begin trading

CFTC allows single-stock perpetual futures to begin trading

WASHINGTON, D.C.: Perpetual futures contracts tied to individual company stocks can begin trading on properly registered U.S. commodity...

Bank of England hikes rates to 4% as inflation fears mount

Bank of England hikes rates to 4% as inflation fears mount

LONDON, U.K.: The Bank of England raised interest rates to 4 percent on November 5, its first increase in more than three years, warning...

Hackers steal €100 million from French lender Credit Mutuel Arkea

Hackers steal €100 million from French lender Credit Mutuel Arkea

PARIS, France: Hackers stole approximately €100 million ($112.61 million) from French banking group Credit Mutuel Arkea in an unusual...

China's 3rd APEC hosting comes amid push for opening-up's next frontier, says APEC secretariat chief

China's 3rd APEC hosting comes amid push for opening-up's next frontier, says APEC secretariat chief

SINGAPORE, Nov. 13 (Xinhua) -- Eduardo Pedrosa, executive director of the Asia-Pacific Economic Cooperation (APEC) Secretariat, said...

One chocolate, two theaters -- Austria's Zotter eyes further growth in China

One chocolate, two theaters -- Austria's Zotter eyes further growth in China

VIENNA, Nov. 13 (Xinhua) -- Austrian chocolate maker Zotter has benefited significantly from China's economic development and remains...

"A Legend replaces a Legend": Trump backs Tim Cook to succeed Jensen Huang as Nvidia shares dropped 13%, rebounding to 5%

"A Legend replaces a Legend": Trump backs Tim Cook to succeed Jensen Huang as Nvidia shares dropped 13%, rebounding to 5%

Washington DC [US], November 12 (ANI): In a dramatic development shaking global capital markets, Nvidia CEO Jensen Huang abruptly resigned...

Trump hops on 'Huang-gate' bandwagon, hails former Nvidia CEO for doing "fanstastic job" amid 'Chinese-spy scandal'

Trump hops on 'Huang-gate' bandwagon, hails former Nvidia CEO for doing "fanstastic job" amid 'Chinese-spy scandal'

Washington, DC [US], November 12 (ANI): US President Donald Trump has jumped on the bandwagon in the ongoing controversy surrounding...

Rising food inflation underscores need to boost domestic pulses, edible oil production: NITI Aayog VC Ashok Lahiri

Rising food inflation underscores need to boost domestic pulses, edible oil production: NITI Aayog VC Ashok Lahiri

New Delhi [India], November 12 (ANI): Amid rising inflation, with the Consumer Price Index (CPI)-based retail inflation at 6.09 per...

October retail inflation surge may weigh on housing demand, raise rate hike concerns: Knight Frank, PHDCCI

October retail inflation surge may weigh on housing demand, raise rate hike concerns: Knight Frank, PHDCCI

New Delhi [India], November 12 (ANI): Rising retail inflation could weaken household purchasing power and constrain discretionary spending,...

'Army sent her, can send aircraft to take her back': Former envoy Veena Sikri urges safe return for Sheikh Hasina amid rising unrest in Bangladesh

'Army sent her, can send aircraft to take her back': Former envoy Veena Sikri urges safe return for Sheikh Hasina amid rising unrest in Bangladesh

New Delhi [India], November 12 (ANI): Former Indian High Commissioner to Bangladesh Veena Sikri has suggested that the Bangladesh Army...

NVIDIA shares plunge over 13% after Jensen Huang's resignation, recover some losses in early trade

NVIDIA shares plunge over 13% after Jensen Huang's resignation, recover some losses in early trade

New Delhi [India], November 12 (ANI): NVIDIA shares plunged more than 13 per cent in pre-market trading on Thursday following the sudden...

Nvidia plunges over 13% after Jensen Huang's resignation; Nasdaq leads Wall Street losses

Nvidia plunges over 13% after Jensen Huang's resignation; Nasdaq leads Wall Street losses

New Delhi [India], November 12 (ANI): US stock futures opened lower on Thursday, with Nasdaq futures declining over 1.16 per cent and...

Trump says US doesn't need Iran deal, asks Vance to focus on mid-term 'corruption'

Trump says US doesn't need Iran deal, asks Vance to focus on mid-term 'corruption'

Washington, DC [US], November 12 (ANI): US President Donald Trump underscored that America no longer needs a diplomatic deal with Iran,...

Jensen Huang resigns as Nvidia CEO, CFO Colette Kress named interim CEO by board

Jensen Huang resigns as Nvidia CEO, CFO Colette Kress named interim CEO by board

New Delhi [India], November 12 (ANI): The aftermath of the alleged 'Chinese spy scandal' has hit Nvida, with CEO Jensen Huang opting...

India leads 10 major economies in macroeconomic resilience for 2026-30: ASSOCHAM

India leads 10 major economies in macroeconomic resilience for 2026-30: ASSOCHAM

New Delhi [India], November 12 (ANI): India claims the top spot as the most resilient economy among ten major global economies for...

Budget smartphone makers turn to recycled memory as costs surge, Samsung relies on scale

Budget smartphone makers turn to recycled memory as costs surge, Samsung relies on scale

Seoul [South Korea], November 12 (ANI): Rising memory costs are pushing budget smartphone manufacturers toward recycled memory chips,...

Billennium Marks 10 Years in India As European Companies Turn to India for Strategic Capability

Billennium Marks 10 Years in India As European Companies Turn to India for Strategic Capability

BusinessWire India  Pune (Maharashtra) [India], November 12: European companies once came to India for scale. Today, they increasingly...

Sunny Varkey, Founder of the USD 1 MILLION Global Teacher Prize, Honoured With 2026 Eisenhower Global Transformation Award

Sunny Varkey, Founder of the USD 1 MILLION Global Teacher Prize, Honoured With 2026 Eisenhower Global Transformation Award

NewsVoir New York [US], November 12: Renowned education pioneer and philanthropist Sunny Varkey, founder of GEMS Education, the Varkey...

Moody's expects Emerging Market governments to stabilise debt levels, contain borrowing costs in 2027

Moody's expects Emerging Market governments to stabilise debt levels, contain borrowing costs in 2027

New Delhi [India], November 12 (ANI): Emerging market (EM) governments are expected to stabilise debt levels and contain borrowing...

Sensex, Nifty close flat as investors await October CPI data; realty, banking stocks gain

Sensex, Nifty close flat as investors await October CPI data; realty, banking stocks gain

New Delhi [India], November 12 (ANI): Indian equity markets closed flat on Thursday as investors remained cautious ahead of the October...

India to drive non-GCC emerging market growth in 2027, debt-to-GDP set to stabilise: Moody's

India to drive non-GCC emerging market growth in 2027, debt-to-GDP set to stabilise: Moody's

New Delhi [India], November 12 (ANI): Growth in emerging markets outside the Gulf Cooperation Council (GCC) region will maintain a...

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Rams place WR Puka Nacua on IR
Rams place WR Puka Nacua on IR

(Photo credit: Amber Searls) After some back and forth, the Los Angeles Rams on Thursday opted to place star wide receiver Puka Nacua...


Blazers, rejuvenated Robert Williams take on Kings in NBA Cup action
Blazers, rejuvenated Robert Williams take on Kings in NBA Cup action

(Photo credit: Mark J. Rebilas) The Portland Trail Blazers seek to add an NBA Cup win to their impressive start when they visit the...


Rockets work on opportunities for Amen Thompson with Jazz set to visit
Rockets work on opportunities for Amen Thompson with Jazz set to visit

(Photo credit: Troy Taormina) The Houston Rockets sit third in the Western Conference standings thanks to a strong start, but before...


Magic seek elusive first home win against lowly Bucks
Magic seek elusive first home win against lowly Bucks

(Photo credit: Chris Nicoll) The Orlando Magic will look to continue to take advantage of the league's basement dwellers when they...


No. 5 Michigan State riding high as Northern Iowa pays a visit
No. 5 Michigan State riding high as Northern Iowa pays a visit

(Photo credit: David Banks) No. 5 Michigan State passed its first major test of the season with an impressive victory over second-ranked...


NBA roundup: Rockets top Warriors as Stephen Curry exits injured
NBA roundup: Rockets top Warriors as Stephen Curry exits injured

(Photo credit: Troy Taormina) Alperen Sengun flirted with a triple-double to lead a balanced attack for the Houston Rockets, who...