U.S. stocks soar on Republican wipeout in midterms

U.S. stocks soar on Republican wipeout in midterms

NEW YORK, New York - U.S. stocks surged on Wednesday, a day after the Democrats seized control of Congress in sweeping midterm elections...

Marvell agrees to $115 billion Lumentum deal in major AI bet

Marvell agrees to $115 billion Lumentum deal in major AI bet

SANTA CLARA, California: Marvell Technology has agreed to buy optical components maker Lumentum in a US$115 billion all-stock deal,...

Alaska Air cuts 200 jobs as fuel shock hits earnings

Alaska Air cuts 200 jobs as fuel shock hits earnings

CHICAGO, Illinois: Alaska Air Group could lose as much as $700 million this year as soaring fuel costs squeeze its finances, with the...

Fed policymakers make case for further interest rate hikes

Fed policymakers make case for further interest rate hikes

WASHINGTON, D.C.: Three Federal Reserve officials have called for further interest rate increases to tackle persistent inflation, in...

OpenAI seeks $20 billion after cutting funding target, FT says

OpenAI seeks $20 billion after cutting funding target, FT says

SAN FRANCISCO, California: OpenAI has cut the target for its latest funding round by $10 billion as technology stocks come under pressure...

U.S. stocks close mixed Tuesday as midterm elections get underway

U.S. stocks close mixed Tuesday as midterm elections get underway

NEW YORK, New York - U.S. stock markets closed mixed Tuesday as Americans went to the polls to determine which party will control Congress...

OPEC+ set to keep December oil output targets unchanged

OPEC+ set to keep December oil output targets unchanged

LONDON/MOSCOW: OPEC+ oil producers have agreed in principle to leave their December output targets unchanged, three people familiar...

Volkswagen sinks to €5.9 billion loss as China woes deepen

Volkswagen sinks to €5.9 billion loss as China woes deepen

BERLIN, Germany: Volkswagen recorded its steepest quarterly loss in more than a decade as a writedown on its Porsche stake and weakness...

Nasdaq slides 76 points Monday, Dow Jones jumps

Nasdaq slides 76 points Monday, Dow Jones jumps

NEW YORK, New York - U.S. stock markets diverged on Monday as the tech sector came under fire again, while industrial stocks gained...

CD&R weighs Global Payments buyout in potential mega-deal

CD&R weighs Global Payments buyout in potential mega-deal

ATLANTA, Georgia: U.S. private equity firm CD&R is exploring a deal to take payments processor Global Payments private, in a potential...

QatarEnergy builds LNG supply hedge against future Hormuz closures

QatarEnergy builds LNG supply hedge against future Hormuz closures

DOHA, Qatar: QatarEnergy is securing long-term LNG supplies from the United States and other producers as part of a strategy aimed...

Intel loses $146 billion in value as warning sparks chip rout

Intel loses $146 billion in value as warning sparks chip rout

SANTA CLARA, California: Intel shares plunged 30% Friday and headed for their biggest one-day decline on record after a weak revenue...

DoorDash strikes $17 billion deal to acquire rival Instacart

DoorDash strikes $17 billion deal to acquire rival Instacart

SAN FRANCISCO, California: DoorDash has agreed to buy U.S. grocery delivery rival Instacart for about $17 billion in its biggest acquisition...

Lagarde resigns as ECB president more than eight months early

Lagarde resigns as ECB president more than eight months early

FRANKFURT, Germany: European Central Bank President Christine Lagarde will leave her post more than eight months before the end of...

Bank of Canada hikes key rate, signals further increases possible

Bank of Canada hikes key rate, signals further increases possible

OTTAWA, Ontario: The Bank of Canada raised its benchmark interest rate by 25 basis points to 2.5% on Wednesday, its first increase...

Lilly obesity drug tops Ozempic in late-stage diabetes trial

Lilly obesity drug tops Ozempic in late-stage diabetes trial

INDIANAPOLIS, Indiana: Eli Lilly's experimental obesity drug retatrutide delivered more than twice the weight loss achieved with Novo...

Peltz-led group offers $1.4 billion to take Wendy's private

Peltz-led group offers $1.4 billion to take Wendy's private

DUBLIN, Ohio: Wendy's has received a $1.4 billion offer to go private from a group led by billionaire Nelson Peltz, who argues the...

Commonwealth partners need to de-risk, diversify supply chains through trusted routes, says EAM Jaishankar

Commonwealth partners need to de-risk, diversify supply chains through trusted routes, says EAM Jaishankar

St. John's [Antigua and Barbuda], November 5 (ANI): External Affairs Minister (EAM) S. Jaishankar urged Commonwealth partners to de-risk...

EAM Jaishankar meets Australian, UK PMs in Antigua; discusses bilateral cooperation

EAM Jaishankar meets Australian, UK PMs in Antigua; discusses bilateral cooperation

St. John's [Antigua and Barbuda], November 5 (ANI): External Affairs Minister (EAM) S. Jaishankar met the Prime Ministers of Australia...

IIFL Home Finance appoints Sharad Kumar as Chief Risk Officer

IIFL Home Finance appoints Sharad Kumar as Chief Risk Officer

PRNewswire New Delhi [India], November 5: IIFL Home Finance Limited, India's leading affordable housing finance company, today announced...

Illumina selected to help bring precision medicine into everyday healthcare in Singapore

Illumina selected to help bring precision medicine into everyday healthcare in Singapore

PRNewswire Singapore, November 5: Illumina, Inc. (Nasdaq: ILMN) announced it has been selected to provide whole-genome sequencing...

Make This Diwali Extra Special With AU Small Finance Bank Credit Cards! Enjoy Exciting Offers on Shopping, Gifting, Travel, Dining, and More

Make This Diwali Extra Special With AU Small Finance Bank Credit Cards! Enjoy Exciting Offers on Shopping, Gifting, Travel, Dining, and More

BusinessWire India Mumbai (Maharashtra) [India], November 5: AU Small Finance Bank has rolled out a bouquet of festive offers for...

HDFC SKY Diwali Stock Recommendations 2026: Stocks to Watch in Samvat 2083

HDFC SKY Diwali Stock Recommendations 2026: Stocks to Watch in Samvat 2083

VMPL New Delhi [India], November 5: Diwali marks the beginning of a new investment cycle, offering investors an opportunity to reassess...

Diwali fireworks on Dalal Street! Sensex soars 1,610 points, Nifty jumps 1.74% as crude below $100

Diwali fireworks on Dalal Street! Sensex soars 1,610 points, Nifty jumps 1.74% as crude below $100

Mumbai (Maharashtra) [India], November 5 (ANI): Indian stock markets witnessed a sharp rally on Thursday opening, with the Sensex surging...

EAM Jaishankar meets Guyana President, announces USD 500 million Line of Credit extension

EAM Jaishankar meets Guyana President, announces USD 500 million Line of Credit extension

St John's [Antigua and Barbuda], November 5 (ANI): External Affairs Minister S Jaishankar on Thursday met Guyana President Irfaan Ali...

Union Bank proposes zero LTCG tax on equity held over 3 years, lower rates for shorter holdings

Union Bank proposes zero LTCG tax on equity held over 3 years, lower rates for shorter holdings

New Delhi [India], November 5 (ANI): The existing long-term capital gains (LTCG) tax on equity investments should be reduced, with...

Trader body writes to Rahul Gandhi, holds him accountable for disrupting Delhi's trade

Trader body writes to Rahul Gandhi, holds him accountable for disrupting Delhi's trade

New Delhi [India], November 5 (ANI): The Confederation of All India Traders (CAIT) wrote a strongly worded letter to Rahul Gandhi,...

Democratic victories threaten to slow US data-centre expansion, ease bond yields: Report

Democratic victories threaten to slow US data-centre expansion, ease bond yields: Report

New Delhi [India], November 5 (ANI): The US midterm election outcome could put 141 gigawatts (GW) of planned data-centre capacity at...

Interview: Swiss natural care brand seeks to deepen China presence through CIIE

Interview: Swiss natural care brand seeks to deepen China presence through CIIE

FRUTIGEN, Switzerland, Nov. 5 (Xinhua) -- For Swiss natural care brand Puralpina, the China International Import Expo (CIIE) is more...

Jaishankar meets UK PM Andy Burnham on CHOGM sidelines, discusses economic partnership, CETA

Jaishankar meets UK PM Andy Burnham on CHOGM sidelines, discusses economic partnership, CETA

St John's [Antigua and Barbuda], November 5 (ANI): External Affairs Minister S Jaishankar on Wednesday (local time) met United Kingdom...

US stocks surge after Democrats' midterm victories; Dow jumps 1,150 points, Nasdaq gains 1.5 pc

US stocks surge after Democrats' midterm victories; Dow jumps 1,150 points, Nasdaq gains 1.5 pc

New York [US], November 4 (ANI): US stock markets rallied sharply on Wednesday after Democrats registered commanding victories in key...

Godrej Foundation to sponsor 'Godrej Pavilion' at Ministry of Culture's India Biennale 2026

Godrej Foundation to sponsor 'Godrej Pavilion' at Ministry of Culture's India Biennale 2026

PRNewswire New Delhi [India], November 4: Godrej Foundation, in independent philanthropic trust, will participate in the upcoming...

'Blue Tsunami' drowns Trump as Democrats sweep House and Senate in US midterm elections

'Blue Tsunami' drowns Trump as Democrats sweep House and Senate in US midterm elections

Washington, DC [US], November 4 (ANI): In a significant shift in the US political landscape, American voters delivered a major setback...

Rahul Gandhi slams Bhagwant Mann over drug menace, says "Punjab is being governed from Delhi"

Rahul Gandhi slams Bhagwant Mann over drug menace, says "Punjab is being governed from Delhi"

Sangrur (Punjab) [India], November 4 (ANI): Congress leader and Leader of Opposition in Lok Sabha Rahul Gandhi on Wednesday criticised...

Saarathi Finance appoints Alok Aggarwal as President & Group Head

Saarathi Finance appoints Alok Aggarwal as President & Group Head

PRNewswire Mumbai (Maharashtra) [India], November 4: Saarathi Finance, a non-banking financial company (NBFC) focused on expanding...

Democrats projected to win U.S. Congress in midterm elections

Democrats projected to win U.S. Congress in midterm elections

WASHINGTON, Nov. 4 (Xinhua) -- Democrats are projected to flip control of the U.S. Senate after winning several key races in battleground...

AI server capacitor shortage set to peak in early 2027, boosting demand for Samsung Electro-Mechanics

AI server capacitor shortage set to peak in early 2027, boosting demand for Samsung Electro-Mechanics

New Delhi [India], November 4 (ANI): A growing shortage of high-performance capacitors used in artificial intelligence (AI) servers...

Sensex, Nifty extend rally for fifth session amid volatility; Midcap, Smallcap stocks surge up to 2%

Sensex, Nifty extend rally for fifth session amid volatility; Midcap, Smallcap stocks surge up to 2%

Mumbai (Maharashtra) [India], November 4 (ANI): Indian equity markets extended their upward movement for the fifth consecutive session...

BIT Group and Techtanium Sign MOU to Advance Tokenized Assets and Institutional Digital Finance

BIT Group and Techtanium Sign MOU to Advance Tokenized Assets and Institutional Digital Finance

PRNewswire Singapore, November 4: BIT Group, a digital asset financial infrastructure group, and Techtanium, a Singapore-based global...

NRI Financial Planning Before Diwali 2026: What to Review in India

NRI Financial Planning Before Diwali 2026: What to Review in India

VMPL New Delhi [India], November 4: Diwali is a time to reconnect with family, celebrate traditions and make plans for the year ahead....

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Republican party shattered by Democrats sweep
Republican party shattered by Democrats sweep

WASHINGTON, DC - Democrats seized control of both the Senate and House at the US midterms on Tuesday, scoring sweeping victories in...


Bucks erase 22-point deficit, but Celtics recover for victory
Bucks erase 22-point deficit, but Celtics recover for victory

(Photo credit: Eric Canha) Paul George scored 25 points and Derrick White added 24 to lead the Boston Celtics to a 109-102 victory...


Panthers hoping for positive outing against Broncos following changes
Panthers hoping for positive outing against Broncos following changes

(Photo credit: Tork Mason) With the desire to see better results defensively, the Carolina Panthers have made changes after surrendering...


Patriots, Packers each riding strong momentum into face-off
Patriots, Packers each riding strong momentum into face-off

(Photo credit: Rich Storry) Playing sound pass defense will be at the top of the to-do list for the New England Patriots when they...


Report: Quarterback-needy Ravens working on trade for Jacoby Brissett
Report: Quarterback-needy Ravens working on trade for Jacoby Brissett

(Photo credit: Jamie Sabau) The Baltimore Ravens are working on a deal to acquire veteran quarterback Jacoby Brissett from the Arizona...


Athletics hire Cam Castro as general manager
Athletics hire Cam Castro as general manager

(Photo credit: Ray Carlin) The Athletics named Cam Castro as their new general manager on Wednesday. Castro served as the senior...


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Republican party shattered by Democrats sweep

WASHINGTON, DC - Democrats seized control of both the Senate and House at the US midterms on Tuesday, scoring sweeping victories in Republican strongholds for the first time in...

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