TSMC boosts US investment after record quarterly profit

TSMC boosts US investment after record quarterly profit

TAIPEI, Taiwan: Taiwan Semiconductor Manufacturing Co. (TSMC) pledged another US$100 billion investment in its Arizona operations on...

Lawsuit says Meta AI layoffs hit employees on protected leave

Lawsuit says Meta AI layoffs hit employees on protected leave

OAKLAND, California: A group of 26 Meta employees has sued the company, alleging it used artificial intelligence tools to help select...

BlackRock profit beats estimates as assets hit record

BlackRock profit beats estimates as assets hit record

NEW YORK CITY, New York: BlackRock reported stronger-than-expected second-quarter profit on July 15 as a rally in global markets and...

Nasdaq tumbles 387 points as Trump steps up military strikes on Iran

Nasdaq tumbles 387 points as Trump steps up military strikes on Iran

NEW YORK, New York - World stock markets closed a volatile session with deep regional divisions on Thursday, as investors grappled...

China approves Apple Intelligence for iPhone rollout

China approves Apple Intelligence for iPhone rollout

BEIJING, China: Apple's generative artificial intelligence service, Apple Intelligence, has been registered with China's cyberspace...

Stripe and Advent make $53 billion offer for PayPal

Stripe and Advent make $53 billion offer for PayPal

SAN FRANCISCO, California: Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings for...

U.S. clears more Chinese firms for Nvidia AI chip purchases

U.S. clears more Chinese firms for Nvidia AI chip purchases

WASHINGTON, D.C./BEIJING: A unit of Chinese telecom equipment maker ZTE and two other Chinese companies have received U.S. approval...

Nasdaq leads charge as tech stocks surge again

Nasdaq leads charge as tech stocks surge again

NEW YORK, New York - U.S. stocks closed firmly in the green on Wednesday, with all three major averages advancing as technology shares...

New York imposes first state data center moratorium

New York imposes first state data center moratorium

ALBANY, New York: New York has become the first U.S. state to impose a moratorium on the construction of large new data centers, pausing...

Uber nears deal for Germany's Delivery Hero, Bloomberg reports

Uber nears deal for Germany's Delivery Hero, Bloomberg reports

SAN FRANCISCO, California: Uber Technologies is in advanced discussions to acquire German food-delivery company Delivery Hero, according...

JPMorgan earnings hit record on IPO and trading boom

JPMorgan earnings hit record on IPO and trading boom

NEW YORK CITY, New York: JPMorgan Chase posted a record second-quarter profit on July 14 as a rebound in dealmaking and initial public...

Nasdaq surges 0.9% Tuesday as technology leads; Dow flatlines

Nasdaq surges 0.9% Tuesday as technology leads; Dow flatlines

NEW YORK, New York - U.S. equities closed on Tuesday on a mixed but mostly upbeat note, led by a furious rally in megacap tech names....

Meta raises Louisiana data center investment above $50B

Meta raises Louisiana data center investment above $50B

RICHLAND PARISH, Louisiana: Meta says it is expanding its Hyperion data center in Louisiana to five gigawatts of compute capacity,...

Shein executive chairman to move into advisory role

Shein executive chairman to move into advisory role

LONDON/HONG KONG: Shein Executive Chairman Donald Tang is set to step down as the fast-fashion retailer moves closer to completing...

Volkswagen weighs 100,000 job cuts as costs mount

Volkswagen weighs 100,000 job cuts as costs mount

BERLIN, Germany: Volkswagen Chief Executive Oliver Blume has told employees the automaker may need to eliminate about 50,000 additional...

Dow holds steady but broader market sours as Nasdaq tumbles

Dow holds steady but broader market sours as Nasdaq tumbles

NEW YORK, New York - U.S. stocks kicked off the trading week on a mixed and mostly negative fashion Monday, as a sharp decline in technology...

Occidental reports sharp rise in oil prices during second quarter

Occidental reports sharp rise in oil prices during second quarter

HOUSTON, Texas: Occidental Petroleum said its average realized oil prices climbed sharply in the second quarter as the conflict in...

Holtec seeks U.S. IPO as AI boosts demand for nuclear energy

Holtec seeks U.S. IPO as AI boosts demand for nuclear energy

CAMDEN, New Jersey: Holtec Nuclear Corporation has filed for an initial public offering in the United States, seeking to capitalize...

SEC tightens disclosure rules for activist hedge funds

SEC tightens disclosure rules for activist hedge funds

NEW YORK CITY, New York: The U.S. Securities and Exchange Commission has issued new guidance requiring activist investors to disclose...

Badrinath donation theft case: Multiple countries' currencies recovered in raids at former temple officer's premises

Badrinath donation theft case: Multiple countries' currencies recovered in raids at former temple officer's premises

Chamoli (Uttarakhand) [India], July 17 (ANI): Uttarakhand Police raid at the premises of former Badrinath Temple officer Rajendra Chauhan...

India-US trade deal will deal major blow to apple growers' livelihoods, warns Himachal Apple Growers' Association

India-US trade deal will deal major blow to apple growers' livelihoods, warns Himachal Apple Growers' Association

Shimla (Himachal Pradesh) [India], July 17 (ANI): The Himachal Apple Growers' Association on Friday expressed serious concern over...

Reliance Retail Q1 revenue rises 7.4% to Rs 90,408 crore

Reliance Retail Q1 revenue rises 7.4% to Rs 90,408 crore

Mumbai (Maharashtra) [India], July 17 (ANI): Reliance Retail Ventures Limited (RRVL) reported a 7.4 per cent year-on-year rise in gross...

Reliance Industries Q1 revenue jumps 24.5% to Rs 3.4 lakh crore, recurring PAT climbs 6%

Reliance Industries Q1 revenue jumps 24.5% to Rs 3.4 lakh crore, recurring PAT climbs 6%

Mumbai (Maharashtra) [India], July 17 (ANI): Reliance Industries Limited (RIL) reported a record quarterly consolidated net profit...

India-UK FTA opens up huge export potential for India in UK's USD 900 billion market: Bank of Baroda report

India-UK FTA opens up huge export potential for India in UK's USD 900 billion market: Bank of Baroda report

New Delhi [India], July 17 (ANI): India has significant scope to expand its exports to the United Kingdom as it currently supplies...

Eastern Europe "natural transit corridor" for Indian businesses: MEA ahead of President's 3-nation visit

Eastern Europe "natural transit corridor" for Indian businesses: MEA ahead of President's 3-nation visit

New Delhi [India], July 17 (ANI): President Droupadi Murmu's seven-day historic three-nation visit of Moldova, North Macedonia, and...

GAIL, KABIL sign pact to explore opportunities in critical minerals

GAIL, KABIL sign pact to explore opportunities in critical minerals

New Delhi [India], July 17 (ANI): State-owned GAIL (India) Limited has signed a Memorandum of Understanding (MoU) with Khanij Bidesh...

Badrinath donation theft row: Former temple officer Rajendra Chauhan arrested by SIT

Badrinath donation theft row: Former temple officer Rajendra Chauhan arrested by SIT

Dehradun (Uttarakhand) [India], July 17 (ANI): The probe into the alleged Badrinath Temple donation theft case is gaining pace as former...

Over Rs 3,200 cr in loans sanctioned to 1.03 lakh beneficiaries in Andhra through Credit Outreach Programme: FM Sitharaman

Over Rs 3,200 cr in loans sanctioned to 1.03 lakh beneficiaries in Andhra through Credit Outreach Programme: FM Sitharaman

Palnadu (Andhra Pradesh) [India], July 17 (ANI): More than Rs 3,200 crore in loans were sanctioned to 1.03 lakh beneficiaries under...

India's forex reserves rise by USD 964 million to USD 675.16 bn in the week ended July 10

India's forex reserves rise by USD 964 million to USD 675.16 bn in the week ended July 10

Mumbai (Maharashtra) [India], July 17 (ANI): India's foreign exchange reserves rose by USD 964 million to USD 675.157 billion for the...

Obesity weighing down UK workforce study

Obesity weighing down UK workforce  study

Researchers say extra weight is keeping over 600,000 Britons out of work, particularly men Obesity may be keeping more than half...

RBI's currency printing arm invites global bids for polymer banknote substrate

RBI's currency printing arm invites global bids for polymer banknote substrate

By Shailesh Yadav Mumbai (Maharashtra) [India], July 17 (ANI): Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), the...

Sensex closes 965 points higher, Nifty gains over 1 pc led by IT, banking stocks

Sensex closes 965 points higher, Nifty gains over 1 pc led by IT, banking stocks

Mumbai (Maharashtra) [India], July 17 (ANI): Indian equity benchmark indices ended sharply higher on Friday, with the Sensex surging...

ESG-led responsible business conduct key to India's economic competitiveness: MCA

ESG-led responsible business conduct key to India's economic competitiveness: MCA

New Delhi [India], July 17 (ANI): Environmental, Social and Governance (ESG)-led responsible business conduct must evolve into a key...

India's current account deficit seen widening to 1.5% of GDP this fiscal: Crisil

India's current account deficit seen widening to 1.5% of GDP this fiscal: Crisil

New Delhi [India], July 17 (ANI): India's current account deficit is expected to widen to 1.5 per cent of gross domestic product (GDP)...

RBI fixes underwriting commission rates for Rs 32,000 crore government securities auction

RBI fixes underwriting commission rates for Rs 32,000 crore government securities auction

Mumbai (Maharashtra) [India], July 17 (ANI): The Reserve Bank of India (RBI) has fixed the underwriting commission cut-off rates for...

Asian shares plunge as tech rout deepens, SoftBank sinks 9%

Asian shares plunge as tech rout deepens, SoftBank sinks 9%

Tokyo [Japan], July 17, (ANI): Asian shares slumped on Friday, led by Nikkei, which plunged more than 4 per cent as the tech selloff...

MSCI India companies' earnings growth to accelerate to 14 pc in FY27: Report

MSCI India companies' earnings growth to accelerate to 14 pc in FY27: Report

New Delhi [India], July 17 (ANI): MSCI India companies are expected to post 14 per cent earnings growth in the current fiscal year,...

SIT questions former Badrinath Temple officer Rajendra Chauhan over alleged donation theft

SIT questions former Badrinath Temple officer Rajendra Chauhan over alleged donation theft

Dehradun (Uttarakhand) [India], July 17 (ANI): The Special Investigation Team (SIT) on Friday questioned former temple officer Rajendra...

AI-driven pricing strategies likely to give logistics firms competitive edge: McKinsey

AI-driven pricing strategies likely to give logistics firms competitive edge: McKinsey

New Delhi [India], July 17 (ANI): Logistics companies that move quickly to adopt AI-driven pricing strategies are likely to gain a...

Chips, tokens, kilowatts -- Decoding China's economic vitality, resilience in H1

Chips, tokens, kilowatts -- Decoding China's economic vitality, resilience in H1

BEIJING, July 17 (Xinhua) -- Against a backdrop of heightened geopolitical tensions and trade frictions weighing on the global economy,...

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US will attack Iran’s army site in Pickaxe Mountain, says Trump
US will attack Iran’s army site in Pickaxe Mountain, says Trump

WASHINGTON, D.C./BEIRUT: U.S. President Donald Trump says that the United States will target Pickaxe Mountain in Iran, warning that...


Orioles try to stay hot in second half as Astros open homestand
Orioles try to stay hot in second half as Astros open homestand

(Photo credit: Daniel Kucin Jr.-Imagn Images) The Baltimore Orioles and Houston Astros begin the next phase of the season after the...


Twins, Cubs enter series hoping All-Star break didn't cool them off
Twins, Cubs enter series hoping All-Star break didn't cool them off

(Photo credit: Matt Marton-Imagn Images) The Chicago Cubs entered the All-Star break on a red-hot streak. After a few days off,...


Despite strong first half, Brewers want more, starting with Marlins series
Despite strong first half, Brewers want more, starting with Marlins series

(Photo credit: Jeff Curry-Imagn Images) Despite a surprising first half that produced the second-best record in baseball, the Milwaukee...


Streaking Guardians, Pirates collide in start to second half
Streaking Guardians, Pirates collide in start to second half

(Photo credit: Bruce Kluckhohn-Imagn Images) The Pittsburgh Pirates and Cleveland Guardians both went into the All-Star break on...


Report: NBA opens investigation into Gary Trent new Bucks' contract
Report: NBA opens investigation into Gary Trent new Bucks' contract

(Photo credit: Rick Osentoski-Imagn Images) The NBA has opened an investigation on Gary Trent Jr.'s four-year, $64 million agreement...


Featured story

US will attack Iran’s army site in Pickaxe Mountain, says Trump

WASHINGTON, D.C./BEIRUT: U.S. President Donald Trump says that the United States will target Pickaxe Mountain in Iran, warning that Washington would continue to strike the country...

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