Informal banking fueling global crime, FATF warns

Informal banking fueling global crime, FATF warns

PARIS, France: The misuse of informal banking networks by criminals has become a growing global problem, according to the Financial...

Trump administration backs OpenAI in copyright fight with NYT

Trump administration backs OpenAI in copyright fight with NYT

NEW YORK CITY, New York: The U.S. government has backed OpenAI in its copyright dispute with The New York Times and other newspapers,...

Google avoids breakup of ad tech business in US antitrust case

Google avoids breakup of ad tech business in US antitrust case

ALEXANDRIA, Virginia: Google will not have to sell its online advertising exchange after a U.S. judge on September 2 rejected an attempt...

Tech stocks lead U.S. stock markets higher, Nasdaq gains 366 points

Tech stocks lead U.S. stock markets higher, Nasdaq gains 366 points

NEW YORK, New York - U.S. stocks bounced higher on Thursday as bond yields eased, and the dollar dived.  Fed Chair Warsh has told...

Uber to lay off 10% of staff as robotaxi competition grows

Uber to lay off 10% of staff as robotaxi competition grows

SAN FRANCISCO, California: Uber Technologies plans to cut about 3,300 jobs, or 10 percent of its workforce, as it restructures its...

Chevron to expand Venezuela oil operations with $7 billion plan

Chevron to expand Venezuela oil operations with $7 billion plan

NEW YORK CITY, New York: Chevron plans to invest more than US$7 billion in Venezuela over the next five years after being assigned...

US pushes G20 for tougher action on China trade imbalances

US pushes G20 for tougher action on China trade imbalances

ASHEVILLE, North Carolina: The United States is pressing G20 countries to address global trade and fiscal imbalances, with Treasury...

Wall Street closes higher Wednesday, Dow Jones gains 294 points

Wall Street closes higher Wednesday, Dow Jones gains 294 points

NEW YORK, New York - U.S. stocks rebounded Wednesday as oil prices dipped and bond yields retreated from multi-decade highs. The...

Global banks join forces to launch dollar stablecoin in 2027

Global banks join forces to launch dollar stablecoin in 2027

NEW YORK CITY, New York: A group of 21 financial institutions, including Goldman Sachs, Bank of America, Citi and Deutsche Bank, plans...

Apple begins new era as John Ternus succeeds Tim Cook as CEO

Apple begins new era as John Ternus succeeds Tim Cook as CEO

CUPERTINO, California: John Ternus took over as Apple CEO on September 1, succeeding Tim Cook after a 15-year tenure that saw the technology...

Shein prices Hong Kong IPO below top end, raises $1.74 billion

Shein prices Hong Kong IPO below top end, raises $1.74 billion

HONG KONG: Shein raised HK$13.60 billion (US$1.74 billion) in its Hong Kong initial public offering after pricing the share sale below...

Tech rout sends Nasdaq Composite reeling on Tuesday

Tech rout sends Nasdaq Composite reeling on Tuesday

NEW YORK, New York - U.S. stock markets closed sharply lower on Tuesday, with the tech-heavy Nasdaq Composite leading the decline as...

Sony, Warner sue Anthropic over copyrighted music in AI training

Sony, Warner sue Anthropic over copyrighted music in AI training

SAN FRANCISCO, California: Sony Music and Warner Music's publishing arms have sued Anthropic in California federal court, alleging...

Trump summons oil executives as US gasoline prices stay high

Trump summons oil executives as US gasoline prices stay high

WASHINGTON DC: President Donald Trump is expected to host U.S. oil companies at the White House on Tuesday to discuss expanding refining...

Nvidia invests $3.5 billion in Taiwan chipmaker MediaTek

Nvidia invests $3.5 billion in Taiwan chipmaker MediaTek

SANTA CLARA, California: Nvidia will invest US$3.5 billion in Taiwan's MediaTek and expand its partnership with the chipmaker, including...

Wall Street slips Monday, Nasdaq Composite dips 32 points

Wall Street slips Monday, Nasdaq Composite dips 32 points

NEW YORK, New York - U.S, stocks opened the new week weaker on Monday after the U.S. began bombing Iran again, which led to Iran bombing...

OpenAI to end Cursor model access after SpaceX takeover

OpenAI to end Cursor model access after SpaceX takeover

SAN FRANCISCO, California: OpenAI plans to stop providing its AI models to Cursor, the coding-tool company acquired by Elon Musk's...

Bessent says volatile yen poses risk to global markets

Bessent says volatile yen poses risk to global markets

WASHINGTON DC: U.S. Treasury Secretary Scott Bessent has defended Washington's decision to join Japan in supporting the yen, warning...

Judge calls Pentagon's Anthropic blacklist 'illegal and baseless'

Judge calls Pentagon's Anthropic blacklist 'illegal and baseless'

SAN FRANCISCO, California: A federal judge has blocked the Pentagon from blacklisting Anthropic, ruling in favor of the AI company...

Trump says US might "hit" Iran's Pickaxe Mountain "very soon"

Trump says US might "hit" Iran's Pickaxe Mountain "very soon"

Washington DC [US], September 5 (ANI): US President Donald Trump on Friday (local time) said the United States could 'hit' Iran's heavily...

Rising energy prices fuel inflation pressure in Europe

Rising energy prices fuel inflation pressure in Europe

Rising oil and gas prices are feeding through to inflation, household consumption and business costs across Europe as tensions in the...

Trouble brewing in global bond markets: What to know

Trouble brewing in global bond markets: What to know

Yields on government bonds are around multi-decade highs as investors cast a wary eye on fiscal deficits and the renewed fighting in...

Worlds biggest wealth fund eyes ditching $80 bn in US Treasuries

Worlds biggest wealth fund eyes ditching $80 bn in US Treasuries

Norways proposed cut comes as Washington faces rising deficits and shrinking demand for its debt Norway's $2.3 trillion sovereign...

World's biggest wealth fund eyes ditching $80 bn in US Treasuries

World's biggest wealth fund eyes ditching $80 bn in US Treasuries

Norway's proposed cut comes as Washington faces rising deficits and shrinking demand for its debt ...

Waiting for preferential tariff for our exports: Piyush Goyal on India-US FTA

Waiting for preferential tariff for our exports: Piyush Goyal on India-US FTA

Mumbai (Maharashtra) [India], September 4 (ANI): India and the United States have closed negotiations on the first tranche of their...

India's forex reserves hit record USD 740.8 billion in week ended Aug 28

India's forex reserves hit record USD 740.8 billion in week ended Aug 28

Mumbai (Maharashtra) [India], September 4 (ANI): India's foreign exchange reserves rose sharply by USD 11.48 billion to a record USD...

US envoy Sergio Gor meets American MedTech companies to boost India health ties

US envoy Sergio Gor meets American MedTech companies to boost India health ties

New Delhi [India], September 4 (ANI): US Ambassador to India Sergio Gor on Friday highlighted ongoing efforts to strengthen commercial...

US payrolls rise 162,000 in August, unemployment holds at 4.1 per cent

US payrolls rise 162,000 in August, unemployment holds at 4.1 per cent

New Delhi [India], September 4 (ANI): US nonfarm payroll employment increased by 162,000 in August, significantly above the average...

India's growth to hinge on manufacturing push, easier business rules: Chairman of World Trade Centre in Mumbai

India's growth to hinge on manufacturing push, easier business rules: Chairman of World Trade Centre in Mumbai

New Delhi [India], September 4 (ANI): India's economic growth can remain strong, but sustaining the momentum will depend on a sharper...

"Jeetendra Mishra was selected after structured process": VHRP Mahila President backs Mishra's appointment as Ram Temple Trust CEO

"Jeetendra Mishra was selected after structured process": VHRP Mahila President backs Mishra's appointment as Ram Temple Trust CEO

Hyderabad (Telangana) [India], September 4 (ANI): Vishwa Hindu Raksha Parishad (VHRP) National Mahila President Yamuna Pathak on Friday...

Mastercard programmes facilitate over USD 150 million credit for Indian small businesses

Mastercard programmes facilitate over USD 150 million credit for Indian small businesses

Mumbai (Maharashtra) [India], September 4 (ANI): Mastercard Strive in India and its complementary programmes have facilitated more...

US Fed's Waller says August inflation data will determine stance on September rate hike

US Fed's Waller says August inflation data will determine stance on September rate hike

Washington [US], September 4 (ANI): Federal Reserve Governor Christopher Waller said the inflation data for August will play a major...

"Whenever govt fails...."SP MP Virendra Singh takes dig at BJP over appointment of Ram Temple Trust CEO

"Whenever govt fails...."SP MP Virendra Singh takes dig at BJP over appointment of Ram Temple Trust CEO

Varanasi (Uttar Pradesh) [India], September 4 (ANI): Samajwadi Party MP Virendra Singh on Friday urged Prime Minister Narendra Modi...

170 IEM-UEM Students Take Classroom Learning to Australia Under Study Abroad Program

170 IEM-UEM Students Take Classroom Learning to Australia Under Study Abroad Program

PNN Kolkata (West Bengal) [India], September 4: Learning moved beyond the conventional classroom for 170 students of the IEM-UEM...

"Good days' only when poor are free from poverty, unemployment": Mayawati on GDP growth

"Good days' only when poor are free from poverty, unemployment": Mayawati on GDP growth

Lucknow (Uttar Pradesh) [India], September 4 (ANI): Bahujan Samaj Party chief Mayawati on Friday said that the country's development...

Samsung narrows SK hynix HBM lead as HBM4 shipments accelerate

Samsung narrows SK hynix HBM lead as HBM4 shipments accelerate

New Delhi [India], September 4 (ANI): Samsung Electronics lifted its sha0re of global high-bandwidth memory revenue to 33 percent in...

Nifty, Sensex end higher as Fed rate hike concerns ease, gains capped by profit booking

Nifty, Sensex end higher as Fed rate hike concerns ease, gains capped by profit booking

Mumbai (Maharashtra) [India], September 4 (ANI): Indian equity markets ended higher on Friday, with the Nifty 50 gaining 24.25 points,...

FCNR deposits can improve banks' equity returns despite margin pressure: Report

FCNR deposits can improve banks' equity returns despite margin pressure: Report

New Delhi [India], September 4 (ANI): Foreign currency non-resident (FCNR-B) deposits are likely to improve banks' return on equity...

South Africa recovers over $500 million in corruption proceeds

South Africa recovers over $500 million in corruption proceeds

The figure has risen from about 6 billion rand reported last year, a gain attributed to stronger cooperation between state agencies...

Reporters Without Borders calls for borders for reporting

Reporters Without Borders calls for borders for reporting

The US- and EU-backed organization has called on the EU to close tech loopholes allowing Europeans to access Russian media censored...

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Trump summons oil executives as US gasoline prices stay high
Trump summons oil executives as US gasoline prices stay high

WASHINGTON DC: President Donald Trump is expected to host U.S. oil companies at the White House on Tuesday to discuss expanding refining...


Rays place ace LHP Shane McClanahan (forearm tightness) on IL
Rays place ace LHP Shane McClanahan (forearm tightness) on IL

(Photo credit: James A. Pittman-Imagn Images) Tampa Bay Rays ace Shane McClanahan was placed on the 15-day injured list with left...


Rangers eager to continue ascent in rematch vs. Rays
Rangers eager to continue ascent in rematch vs. Rays

(Photo credit: Benny Sieu-Imagn Images) The Texas Rangers will have a rested bullpen and some growing confidence when they play the...


Marlins look to make up ground at home, face Cubs in opener
Marlins look to make up ground at home, face Cubs in opener

(Photo credit: Sam Navarro-Imagn Images) The Miami Marlins will begin a critical nine-game homestand on Friday with the opener of...


Brewers, with 'unbelievable' Trevor Megill, open series vs. Reds
Brewers, with 'unbelievable' Trevor Megill, open series vs. Reds

(Photo credit: Jayne Kamin-Oncea-Imagn Images) Some relievers might hit the figurative wall late in the season, but Milwaukee Brewers...


MLB roundup: Dodgers sink Cards on Teoscar Hernandez's walk-off double
MLB roundup: Dodgers sink Cards on Teoscar Hernandez's walk-off double

(Photo credit: Kirby Lee-Imagn Images) Teoscar Hernandez delivered a game-ending two-run double in the ninth inning and the Los Angeles...


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Trump summons oil executives as US gasoline prices stay high

WASHINGTON DC: President Donald Trump is expected to host U.S. oil companies at the White House on Tuesday to discuss expanding refining capacity, after accusing refiners of gouging...

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