Microsoft trims workforce amid AI investment and Xbox overhaul

Microsoft trims workforce amid AI investment and Xbox overhaul

SEATTLE, Washington: Microsoft is cutting about 4,800 jobs, or roughly 2.1 percent of its global workforce, as it reorganizes parts...

Tech surge lifts Nasdaq as European markets stumble

Tech surge lifts Nasdaq as European markets stumble

NEW YORK, New York - Global stock markets closed on a mixed note to start the trading week, with U.S. technology shares powering the...

Next eyes acquisition of luxury retailer Harvey Nichols

Next eyes acquisition of luxury retailer Harvey Nichols

  LONDON, U.K.: British clothing retailer Next is preparing a takeover bid for luxury department store chain Harvey Nichols, according...

Chery to turn South Africa plant into African production hub

Chery to turn South Africa plant into African production hub

JOHANNESBURG, South Africa: Chinese automaker Chery has officially taken over Nissan's former vehicle manufacturing plant in Rosslyn,...

Continental agrees $4.6 billion sale of ContiTech unit

Continental agrees $4.6 billion sale of ContiTech unit

HANOVER, Germany: Continental has agreed to sell its ContiTech plastics and rubber business to private equity firm Lone Star Funds...

U.S. rolls out Trump Accounts giving newborns $1,000

U.S. rolls out Trump Accounts giving newborns $1,000

WASHINGTON D.C.: The Trump administration launched its new Trump Accounts investment program on July 4, giving eligible U.S. children...

Tesla launches robotaxi operations in Miami

Tesla launches robotaxi operations in Miami

MIAMI, Florida: Tesla has expanded its autonomous ride-hailing ambitions by launching its robotaxi service in Miami, marking the latest...

UAE record exports lift Middle East oil shipments above 10 mln bpd

UAE record exports lift Middle East oil shipments above 10 mln bpd

LONDON, U.K.: Gulf oil exports rebounded sharply in June, rising above 10 million barrels per day as shipping through the Strait of...

GoDaddy warns India rules could reshape internet governance

GoDaddy warns India rules could reshape internet governance

NEW DELHI, India: GoDaddy has challenged an Indian court ruling aimed at curbing fake websites impersonating well-known brands, warning...

Iran eyes Japan oil exports as buyers seek longer US waiver

Iran eyes Japan oil exports as buyers seek longer US waiver

LONDON/DUBAI: Iran has opened discussions with Japanese companies about resuming crude oil exports under a temporary U.S. sanctions...

Amazon nears 400 Leo satellites ahead of service rollout

Amazon nears 400 Leo satellites ahead of service rollout

WASHINGTON, D.C.: Amazon plans to begin offering internet service through its Leo broadband satellite network later this year after...

EU's €4.1B Android fine against Google upheld

EU's €4.1B Android fine against Google upheld

BRUSSELS, Belgium: Google has lost its final appeal against a €4.1 billion ($4.7 billion) European Union antitrust fine, ending a years-long...

US hiring cools as labor participation hits five-year low

US hiring cools as labor participation hits five-year low

WASHINGTON D.C.: U.S. job growth slowed sharply in June while the labor force participation rate fell to its lowest level in more than...

Together AI doubles valuation in $800M funding round

Together AI doubles valuation in $800M funding round

SAN FRANCISCO, California: Artificial intelligence startup Together AI has raised US$800 million in a Series C funding round, more...

EU targets Shein, Temu with new import parcel fee

EU targets Shein, Temu with new import parcel fee

BRUSSELS/LONDON: The European Union has imposed a new three-euro fee on low-value e-commerce imports from China, targeting online retailers...

Kroger expands with $1.65B Giant Eagle acquisition

Kroger expands with $1.65B Giant Eagle acquisition

CINCINNATI, Ohio: Kroger will acquire the regional supermarket chain Giant Eagle in a US$1.65 billion deal, expanding its footprint...

Mixed day on Wall Street, Dow hits all time high, Nasdaq dives

Mixed day on Wall Street, Dow hits all time high, Nasdaq dives

NEW YORK, New York - A flat to slightly improved non farm payrolls and employment report on Thursday did little to spark interest on...

Xinhua Headlines: Scorching heatwaves highlight highly complementary China-Europe economic ties

Xinhua Headlines: Scorching heatwaves highlight highly complementary China-Europe economic ties

* As a swift and effective solution, responsive Chinese appliance manufacturers are offering a helping hand to relieve Europeans from...

Cybersecurity Firm TAC InfoSec Limited Schedules Board Meeting To Consider Q1 FY27 Financial Results on July 10

Cybersecurity Firm TAC InfoSec Limited Schedules Board Meeting To Consider Q1 FY27 Financial Results on July 10

BusinessWire India Mumbai (Maharashtra) [India], July 7: TAC Infosec Limited (NSE: TAC) has informed the stock exchanges that its...

"She's the queen, leave her alone": Belgian defence minister backs Meloni following Trump's restraining order remark

"She's the queen, leave her alone": Belgian defence minister backs Meloni following Trump's restraining order remark

Brussels [Belgium], July 7 (ANI): Urging European leaders to maintain a diplomatic and steady relationship with Washington, Belgian...

Ram Temple trust considers appointing CEO, Treasurer says 'professional bureaucratic discipline' needed for oversight

Ram Temple trust considers appointing CEO, Treasurer says 'professional bureaucratic discipline' needed for oversight

Ayodhya (Uttar Pradesh) [India], July 7 (ANI): The Shri Ram Janmabhoomi Teerth Kshetra is considering appointing a Chief Executive...

Six Things To Watch For As NATO Summit Kicks Off In Turkey

Six Things To Watch For As NATO Summit Kicks Off In Turkey

NATO leaders are meeting in the Turkish capital, Ankara, for the alliances annual summit on July 7-8 in the shadow of the Iran war...

6 Things To Watch For As NATO Summit Kicks Off In Turkey

6 Things To Watch For As NATO Summit Kicks Off In Turkey

NATO leaders are meeting in the Turkish capital, Ankara, for the alliances annual summit on July 7-8 in the shadow of the Iran war...

SEIL Accelerates Its Debt Free Journey, Repays Total 102 Cr (30% of Total Debt) Since December 2025

SEIL Accelerates Its Debt Free Journey, Repays Total 102 Cr (30% of Total Debt) Since December 2025

PNN Visakhapatnam (Andhra Pradesh) [India], July 7: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading...

Von der Leyen seeking to tighten grip on EU foreign policy Politico

Von der Leyen seeking to tighten grip on EU foreign policy  Politico

A reported overhaul could strip powers from Kaja Kallas diplomatic service The European Commission is considering creating a new...

Von der Leyen seeking to tighten grip on EU foreign policy - Politico

Von der Leyen seeking to tighten grip on EU foreign policy - Politico

A reported overhaul could strip powers from Kaja Kallas' diplomatic service The European...

BCG flags structural weaknesses in UK financial services, calls for AI-led revival

BCG flags structural weaknesses in UK financial services, calls for AI-led revival

New Delhi, [India] July 7 (ANI): The UK's financial services industry, long regarded as one of the country's biggest competitive strengths,...

IIFL Finance Says Co-Lending Can Accelerate India's Last-Mile Credit Delivery

IIFL Finance Says Co-Lending Can Accelerate India's Last-Mile Credit Delivery

PRNewswire Mumbai (Maharashtra) [India], July 7: IIFL Finance today said co-lending partnerships between banks and non-banking financial...

Indian banks likely to post steady Q1 FY27 earnings; margin pressure remains risk

Indian banks likely to post steady Q1 FY27 earnings; margin pressure remains risk

New Delhi [India], July 7 (ANI): Indian banks are expected to report a steady first quarter of FY27, with earnings broadly flat as...

NSE IPO to complete India's listed exchange troika; dominant market position, strong profitability key strengths: Jefferies

NSE IPO to complete India's listed exchange troika; dominant market position, strong profitability key strengths: Jefferies

Mumbai, (Maharashtra) [India] July 7 (ANI): The National Stock Exchange's (NSE) proposed initial public offering (IPO) could mark the...

Adani power's expansion, strong cash flows to drive long-term growth: IIFL

Adani power's expansion, strong cash flows to drive long-term growth: IIFL

Mumbai, (Maharashtra) [India] July 7 (ANI): Adani Power's long-term earnings potential, industry-leading execution capabilities and...

Saudi low-cost carrier flyadeal enters India with daily Hyderabad-Riyadh flights

Saudi low-cost carrier flyadeal enters India with daily Hyderabad-Riyadh flights

Hyderabad [India], July 7 (ANI): Saudi Arabia's low-cost carrier flyadeal has entered the Indian market with the launch of daily direct...

"Australia-India relationship of great importance": Diaspora voices enthusiasm ahead of PM Modi's Australia visit

"Australia-India relationship of great importance": Diaspora voices enthusiasm ahead of PM Modi's Australia visit

Melbourne [Australia], July 7 (ANI): Members of the Australia India Society of Victoria have expressed enthusiasm over Prime Minister...

Indian markets extend winning streak on improving monsoon and softer crude oil prices

Indian markets extend winning streak on improving monsoon and softer crude oil prices

New Delhi [India], July 7 (ANI): Domestic stock markets continued their green streak on Tuesday as benchmark indices edged higher in...

Biden-era wave of unauthorised immigration triggered US housing price shock, Fed study reveals

Biden-era wave of unauthorised immigration triggered US housing price shock, Fed study reveals

Washington, DC [US], July 7 (ANI): A new Federal Reserve working paper has revealed that the record-breaking spike in illegal immigration...

Canada chooses German submarines for navy fleet

Canada chooses German submarines for navy fleet

Ottawa [Canada], July 7 (ANI): Canadian Prime Minister Mark Carney on Tuesday announced that Canada has selected German manufacturer...

"If Ukraine were granted US licences to produce Patriots...": Zelenskyy renews call for air defence support

"If Ukraine were granted US licences to produce Patriots...": Zelenskyy renews call for air defence support

Kyiv [Ukraine], July 7 (ANI): Ukrainian President Volodymyr Zelenskyy on Monday (local time) renewed his appeal for enhanced air defence...

"Ukraine's security closely linked with our own," says NATO chief; calls for "concrete" 5% defence spending plan

"Ukraine's security closely linked with our own," says NATO chief; calls for "concrete" 5% defence spending plan

Ankara [Turkey], July 7 (ANI): NATO Secretary General Mark Rutte on Monday (local time) said allied nations are expected to present...

EGYPT-GIZA-GRAND EGYPTIAN MUSEUM-LIBRARY-OPENING

EGYPT-GIZA-GRAND EGYPTIAN MUSEUM-LIBRARY-OPENING

(260706) -- GIZA, July 6, 2026 (Xinhua) -- Egypt's Minister of Tourism and Antiquities Sherif Fathy (1st R) speaks at the inauguration...

"India-EU FTA to intensify trade, bring investments, jobs to both sides": Finnish Foreign Affairs Minister Elina Valtonen

"India-EU FTA to intensify trade, bring investments, jobs to both sides": Finnish Foreign Affairs Minister Elina Valtonen

Helsinki [Finland], July 6 (ANI): As India and Finland strengthen their ties, Finnish Foreign Affairs Minister Elina Valtonen on Monday...

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U.S. rolls out Trump Accounts giving newborns $1,000
U.S. rolls out Trump Accounts giving newborns $1,000

WASHINGTON D.C.: The Trump administration launched its new Trump Accounts investment program on July 4, giving eligible U.S. children...


US hiring cools as labor participation hits five-year low
US hiring cools as labor participation hits five-year low

WASHINGTON D.C.: U.S. job growth slowed sharply in June while the labor force participation rate fell to its lowest level in more than...


Manager says Diamondbacks 'gotta get going'; Padres also do
Manager says Diamondbacks 'gotta get going'; Padres also do

(Photo credit: Joe Rondone/The Republic / USA TODAY NETWORK via Imagn Images) Arizona Diamondbacks manager Torey Lovullo had a simple...


Brewers, Cardinals face pitching uncertainty in doubleheader
Brewers, Cardinals face pitching uncertainty in doubleheader

(Photo credit: Jordan Godfree-Imagn Images) The Milwaukee Brewers and St. Louis Cardinals will play a day-night doubleheader Tuesday,...


Brice Turang, Brewers rally past Cardinals to stay hot
Brice Turang, Brewers rally past Cardinals to stay hot

(Photo credit: Joe Puetz-Imagn Images) Brice Turang's two-run single capped a four-run seventh for the Milwaukee Brewers, who rallied...


Cards LHP Justin Bruihl, Brewers 3B David Hamilton exit with injuries
Cards LHP Justin Bruihl, Brewers 3B David Hamilton exit with injuries

(Photo credit: Joe Puetz-Imagn Images) Cardinals reliever Justin Bruihl left St. Louis' Monday home game with no outs in the seventh...


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US hiring cools as labor participation hits five-year low

WASHINGTON D.C.: U.S. job growth slowed sharply in June while the labor force participation rate fell to its lowest level in more than five years, pointing to a cooling labor market...

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