Alibaba eyes revenue-sharing model for next open AI release

Alibaba eyes revenue-sharing model for next open AI release

HANGZHOU, China: Alibaba plans to require major commercial users of the next version of its open-source Qwen AI model to share a portion...

Airbnb hits four-year high after lifting revenue outlook

Airbnb hits four-year high after lifting revenue outlook

SAN FRANCISCO, California: Airbnb shares climbed 14% to their highest level in more than four years on August 7 after the vacation-rental...

US payrolls unexpectedly fall, easing Fed hike expectations

US payrolls unexpectedly fall, easing Fed hike expectations

WASHINGTON D.C.: The U.S. labor market unexpectedly weakened in July as employers cut jobs and payroll figures for the previous two...

EA closes $55 billion sale led by Saudi fund, Silver Lake

EA closes $55 billion sale led by Saudi fund, Silver Lake

REDWOOD CITY, California: Video game publisher Electronic Arts has completed its US$55 billion sale to a consortium led by Saudi Arabia's...

Alphabet plans up to $25 billion debt raise for AI expansion

Alphabet plans up to $25 billion debt raise for AI expansion

MOUNTAIN VIEW, California: Alphabet is seeking to raise between US$20 billion and $25 billion through a U.S. bond offering, according...

Mexican jalapeños led to outbreak of Salmonella in 27 US states

Mexican jalapeños led to outbreak of Salmonella in 27 US states

ATLANTA, Georgia: U.S. health authorities are looking into a Salmonella outbreak linked to jalapeño peppers imported from Mexico, which...

Apollo seals $7.7 billion easyJet takeover as bid battle ends

Apollo seals $7.7 billion easyJet takeover as bid battle ends

LONDON, U.K.: Apollo Global has agreed to acquire European budget airline easyJet in a deal valuing the company at about £5.7 billion...

Zoox begins paid driverless taxi service in Las Vegas

Zoox begins paid driverless taxi service in Las Vegas

SAN FRANCISCO, California: Amazon's Zoox will begin charging passengers for driverless robotaxi rides in Las Vegas next week, marking...

Samsung, SK Hynix evaluate Chinese chipmaking equipment

Samsung, SK Hynix evaluate Chinese chipmaking equipment

SEOUL/SHANGHAI: Samsung Electronics and SK Hynix have been evaluating chipmaking equipment from China's Advanced Micro-Fabrication...

Tech surge powers Nasdaq higher as Wall Street closes week on upbeat note

 Tech surge powers Nasdaq higher as Wall Street closes week on upbeat note

NEW YORK, New York - U.S. stock markets closed firmly in positive territory on Friday, capping a resilient week for equities as investors...

Anthropic builds custom AI chip team amid hardware shortages

Anthropic builds custom AI chip team amid hardware shortages

SAN FRANCISCO, California: Anthropic said on August 5 that it is building an in-house team to design custom chips for its Claude artificial...

JPMorgan's Dimon pushes cross-industry AI safety effort

JPMorgan's Dimon pushes cross-industry AI safety effort

NEW YORK CITY, New York: JPMorgan Chase CEO Jamie Dimon is leading a new effort to bring together major U.S. companies to address risks...

Dangote eyes Africa's biggest IPO for oil refinery

Dangote eyes Africa's biggest IPO for oil refinery

NAIROBI/ABUJA: Nigeria's Dangote oil refinery is preparing what could become Africa's biggest stock market listing, aiming to raise...

Dow Jones dives 464 points as U.S. equity markets cool

Dow Jones dives 464 points as U.S. equity markets cool

NEW YORK, New York - U.S. equities closed broadly lower on Thursday, led by a sharp decline in the Dow Jones Industrial Average, as...

Lockheed in talks for US scandium, germanium supplies

Lockheed in talks for US scandium, germanium supplies

WASHINGTON, DC: Lockheed Martin is in talks to secure supplies of two critical minerals from North American producers as President...

Shein targets lower valuation for Hong Kong stock debut

Shein targets lower valuation for Hong Kong stock debut

LONDON/HONG KONG: Fast-fashion retailer Shein is targeting a valuation of between US$30 billion and $40 billion in its planned Hong...

US weighs ban on Chinese data center equipment imports

US weighs ban on Chinese data center equipment imports

WASHINGTON, DC: The Trump administration is drafting a ban on U.S. imports of new models of Chinese data center components to protect...

Wall Street mixed on Wednesday but Dow gains

Wall Street mixed on Wednesday but Dow gains

NEW YORK, New York - U.S. stock markets delivered a divided performance at the closing bell on Wednesday, with the blue-chip Dow Jones...

US hits UBS with record anti-money laundering fine

US hits UBS with record anti-money laundering fine

NEW YORK CITY, New York: UBS has agreed to pay a record US$125 million civil penalty after U.S. regulators found the Swiss bank repeatedly...

Tyson lowers forecast on widening losses in beef segment

Tyson lowers forecast on widening losses in beef segment

SPRINGDALE, Arkansas: Tyson Foods lowered its annual profit forecast on August 3, saying losses in its beef business are expected to...

Curium strikes up to $8 billion deal for Lantheus

Curium strikes up to $8 billion deal for Lantheus

PARIS, France: Radiopharmaceutical company Curium has agreed to acquire Lantheus Holdings in a deal worth up to US$8 billion, expanding...

Gujarat businesses should tap new global markets opened by India's trade push: Dy CM Harsh Sanghavi

Gujarat businesses should tap new global markets opened by India's trade push: Dy CM Harsh Sanghavi

Surat (Gujarat) [India], August 9 (ANI): Gujarat Deputy Chief Minister Harsh Sanghavi on Sunday called on the state's business community...

Donald Trump may ditch nuclear deal plan if Iran reopens Hormuz: Report

Donald Trump may ditch nuclear deal plan if Iran reopens Hormuz: Report

Washington, DC [US], August 9 (ANI): US President Donald Trump appears to be seeking an exit route from the military confrontation...

Sportswear giants expand Chinese presence amid sports consumption boom

Sportswear giants expand Chinese presence amid sports consumption boom

TIANJIN, Aug. 9 (Xinhua) -- In the mountainous areas of north China's Tianjin Municipality, hikers and cyclists are gathering to explore...

Merz must go: Thousands protest against German government

Merz must go: Thousands protest against German government

Protestors have issued a list of demands, from early elections and lower energy costs to changes to healthcare, defense, and migration...

Telangana CM Revanth's vision puts Hyderabad on path to becoming India's Global, green and livable city

Telangana CM Revanth's vision puts Hyderabad on path to becoming India's Global, green and livable city

Hyderabad (Telangana) [India], August 9 (ANI): Hyderabad is entering a new phase of urban growth, with the Telangana government focusing...

Amit Shah presents 'President's Police Colour' to Puducherry Police

Amit Shah presents 'President's Police Colour' to Puducherry Police

Puducherry [India], August 9 (ANI): Union Home Minister Amit Shah on Sunday attended the presentation ceremony of the President's Police...

Strong credit growth, capital inflows likely to support Indian markets; rupee outlook improves: Report

Strong credit growth, capital inflows likely to support Indian markets; rupee outlook improves: Report

New Delhi [India], August 9 (ANI): India's domestic growth momentum and improving capital flows could provide support to the Indian...

Amit Shah in Puducherry on two-day visit, receives warm welcome from CM Rangasamy

Amit Shah in Puducherry on two-day visit, receives warm welcome from CM Rangasamy

Puducherry [India], August 9 (ANI): Union Home Minister Amit Shah arrived at Lok Niwas in Puducherry for a two-day visit, where Chief...

"Ties will continue to grow guided by Act East policy": Jaishankar reaffirms India-ASEAN partnership on 59th ASEAN Day

"Ties will continue to grow guided by Act East policy": Jaishankar reaffirms India-ASEAN partnership on 59th ASEAN Day

New Delhi [India], August 8 (ANI): External Affairs Minister S Jaishankar on Saturday extended greetings to the ASEAN member states...

Khalin Joshi wins J&K Open 2026, dominating by nine shots for his second title of the season

Khalin Joshi wins J&K Open 2026, dominating by nine shots for his second title of the season

Srinagar (Jammu and Kashmir) [India], August 8 (ANI): Khalin Joshi carded a five-under 66 to complete a commanding nine-shot victory...

RBI proposes new capital rules for banks to cover risks from financial contracts

RBI proposes new capital rules for banks to cover risks from financial contracts

Mumbai (Maharashtra) [India], August 8 (ANI): The Reserve Bank of India (RBI) has proposed new rules requiring banks to keep adequate...

"America is actually hurting its own interest": India's economy well-insulated against US tariffs on Russian oil, says Kotak Securities Expert

"America is actually hurting its own interest": India's economy well-insulated against US tariffs on Russian oil, says Kotak Securities Expert

Mumbai (Maharashtra) [India], August 8 (ANI): As Washington tightens the screws over Russian crude imports, India's macroeconomic stability...

RBI proposes leverage buffer for branches of global systemically important banks

RBI proposes leverage buffer for branches of global systemically important banks

Mumbai (Maharashtra) [India], August 8 (ANI): The Reserve Bank of India (RBI) has proposed an additional leverage ratio buffer for...

NBFC gold loans continue near 70% growth, reach Rs 3.41 lakh crore in June: RBI

NBFC gold loans continue near 70% growth, reach Rs 3.41 lakh crore in June: RBI

New Delhi [India], August 8 (ANI): Gold-backed lending by non-banking financial companies (NBFCs) continued to grow at nearly 70 per...

Amit Shah stresses cybersecurity, announces 24/7 cyber surveillance for urban cooperative banks

Amit Shah stresses cybersecurity, announces 24/7 cyber surveillance for urban cooperative banks

Mumbai (Maharashtra) [India], August 8 (ANI): Union Home and Cooperation Minister Amit Shah on Saturday stressed the need for robust...

India's resilient economy to support markets but global risks remain elevated: SEBI

India's resilient economy to support markets but global risks remain elevated: SEBI

New Delhi [India], August 8 (ANI): India's financial markets are likely to remain supported by resilient domestic economic fundamentals...

realme 16X 5G vs realme 16 5G: What the Upcoming Budget 5G Phone Changes

realme 16X 5G vs realme 16 5G: What the Upcoming Budget 5G Phone Changes

PNN New Delhi [India], August 8: realme is preparing to widen its budget 5G lineup with the realme 16X 5G, confirmed to launch in...

Foreign flows into Indian bonds may remain muted despite tax relief: SBI Funds

Foreign flows into Indian bonds may remain muted despite tax relief: SBI Funds

New Delhi [India], August 8 (ANI): Foreign investment flows into Indian government bonds are likely to remain muted in the near term...

Pakistan's outdated education system draws criticism from top Rawalpindi students

Pakistan's outdated education system draws criticism from top Rawalpindi students

Rawalpindi [Pakistan], August 8 (ANI): Pakistan's education system has come under criticism after top performers in the Rawalpindi...

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Mexican jalapeños led to outbreak of Salmonella in 27 US states
Mexican jalapeños led to outbreak of Salmonella in 27 US states

ATLANTA, Georgia: U.S. health authorities are looking into a Salmonella outbreak linked to jalapeño peppers imported from Mexico, which...


Hall of Fame coach, standout player Don Nelson dies at 86
Hall of Fame coach, standout player Don Nelson dies at 86

(Photo credit: Kelley L Cox-Imagn Images) Hall of Famer Don Nelson, the second-winningest coach in NBA history, died Sunday. He was...


Brewers place SS Cooper Pratt (hamstring) on IL
Brewers place SS Cooper Pratt (hamstring) on IL

(Photo credit: Jon Endow-Imagn Images) The Milwaukee Brewers placed rookie shortstop Cooper Pratt on the 10-day injured list Sunday...


Fueled by bullpen, Brewers bid for series win vs. Twins
Fueled by bullpen, Brewers bid for series win vs. Twins

(Photo credit: Jeff Hanisch-Imagn Images) A good bullpen can make all the difference in a postseason run, and the Milwaukee Brewers...


MLB roundup: Rockies' Jake McCarthy joins Shohei Ohtani in select club
MLB roundup: Rockies' Jake McCarthy joins Shohei Ohtani in select club

(Photo credit: Jeff Curry-Imagn Images) Jake McCarthy went 4-for-5 with two home runs, three RBIs and four runs to help the visiting...


MLB roundup: Rockies' Jake McCarthy joins Shohei Ohtani in elite club
MLB roundup: Rockies' Jake McCarthy joins Shohei Ohtani in elite club

(Photo credit: Jeff Curry-Imagn Images) Jake McCarthy went 4-for-5 with two home runs, three RBIs and four runs to help the visiting...


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