OpenAI secures $11 billion as valuation falls below target

OpenAI secures $11 billion as valuation falls below target

SAN FRANCISCO, California: OpenAI has secured $11 billion in fresh funding at a valuation of $1.25 trillion, below the $1.5 trillion...

Berkshire buys back $9.6 billion in shares despite profit drop

Berkshire buys back $9.6 billion in shares despite profit drop

OMAHA, Nebraska: Berkshire Hathaway repurchased $9.6 billion of its shares in the third quarter and another $2 billion in October,...

U.S. stocks in huge rally, Dow surges 1,104 points, Nasdaq gains 2.74%

U.S. stocks in huge rally, Dow surges 1,104 points, Nasdaq gains 2.74%

NEW YORK, New York - U.S. stock markets staged a huge rally to kick off the new week on Monday. Equity markets, domestically and globally,...

China holds up imports as 600,000 Nvidia chips sit in Hong Kong

China holds up imports as 600,000 Nvidia chips sit in Hong Kong

HONG KONG: Around 600,000 of Nvidia's advanced artificial intelligence chips are being held in Hong Kong as they await shipment to...

TikTok faces EU action over addictive 'rabbit hole' video feeds

TikTok faces EU action over addictive 'rabbit hole' video feeds

BRUSSELS, Belgium: TikTok faces possible changes to its recommendation algorithm in Europe after EU regulators accused the social media...

Tesla shifts focus to Cybercab as Cybertruck production winds down

Tesla shifts focus to Cybercab as Cybertruck production winds down

AUSTIN, Texas: Tesla plans to wind down production of its Cybertruck at its Texas gigafactory around mid-2027, CEO Elon Musk announced...

CVS announces major breakup, shares plunge 13 percent

CVS announces major breakup, shares plunge 13 percent

WOONSOCKET, Rhode Island: CVS Health announced plans on November 4 to dismantle the healthcare conglomerate it spent two decades building,...

CFTC allows single-stock perpetual futures to begin trading

CFTC allows single-stock perpetual futures to begin trading

WASHINGTON, D.C.: Perpetual futures contracts tied to individual company stocks can begin trading on properly registered U.S. commodity...

Bank of England hikes rates to 4% as inflation fears mount

Bank of England hikes rates to 4% as inflation fears mount

LONDON, U.K.: The Bank of England raised interest rates to 4 percent on November 5, its first increase in more than three years, warning...

Hackers steal €100 million from French lender Credit Mutuel Arkea

Hackers steal €100 million from French lender Credit Mutuel Arkea

PARIS, France: Hackers stole approximately €100 million ($112.61 million) from French banking group Credit Mutuel Arkea in an unusual...

Oil tumbles as US midterm results raise hopes of Iran peace deal

Oil tumbles as US midterm results raise hopes of Iran peace deal

HOUSTON, Texas: Global oil prices plunged nearly 9 percent on November 4 as investors weighed the possibility of an earlier end to...

Fox seals $22 billion Roku deal in Murdoch's push into streaming

Fox seals $22 billion Roku deal in Murdoch's push into streaming

NEW YORK CITY, New York: The Murdoch family's Fox Corp has completed its $22 billion acquisition of streaming platform Roku, giving...

US adds 165,000 jobs in October, beating forecasts

US adds 165,000 jobs in October, beating forecasts

WASHINGTON, D.C.: The US economy added far more jobs than expected in October, while the unemployment rate fell to 4.1 percent, pointing...

US job openings jump as layoffs fall in September

US job openings jump as layoffs fall in September

WASHINGTON, D.C.: U.S. job openings rose much more than expected in September while layoffs declined, pointing to underlying labor...

Nasdaq rebounds, ends week with with 264 points gain

Nasdaq rebounds, ends week with with 264 points gain

NEW YORK, New York - A strong jobs report failed to lift industrial stocks Friday, but the tech sector gained ground with renewed interest...

Gulf oil flows drop as Strait of Hormuz shipping risks rise

Gulf oil flows drop as Strait of Hormuz shipping risks rise

LONDON, U.K.: Middle East oil exports fell in October from their highest levels since the Iran war began as mounting risks around the...

Iran war fuel costs force cruise ship to end journey in Cambodia

Iran war fuel costs force cruise ship to end journey in Cambodia

SIHANOUKVILLE, Cambodia: The Villa Vie Odyssey cruise ship left Cambodia without passengers after more than 200 people who had paid...

Apple shares tumble as rising memory costs hit margins

Apple shares tumble as rising memory costs hit margins

CUPERTINO, California: Apple warned that soaring memory chip prices will put further pressure on its profit margins, sending its shares...

Carnage on Wall Street Thursday, Nasdaq plunges 5.50 percent

Carnage on Wall Street Thursday, Nasdaq plunges 5.50 percent

NEW YORK, New York - U.S. stocks reversed course Thursday, a day after notching up record-breaking gains. The Dow Jones, which rose...

Hackers target supermarket cooling systems across Europe

Hackers target supermarket cooling systems across Europe

STOCKHOLM/BRUSSELS/LONDON: A cyberattack targeting refrigeration systems at supermarkets spread across Europe on November 2, raising...

Foreign investors return to Indian equities with USD 8.2 billion inflows since mid-October: Jefferies

Foreign investors return to Indian equities with USD 8.2 billion inflows since mid-October: Jefferies

New Delhi [India], November 10 (ANI): Foreign portfolio investors (FPIs) have invested a net USD 8.2 billion in Indian equities since...

Anthropic's nearly $70 bn IPO pricing details briefly shared with banks, later withdrawn

Anthropic's nearly $70 bn IPO pricing details briefly shared with banks, later withdrawn

New Delhi [India], November 10 (ANI): Details of Anthropic's proposed nearly USD 70 billion initial public offering (IPO), including...

Rising bond yields make fixed-income investments attractive: SBI Funds

Rising bond yields make fixed-income investments attractive: SBI Funds

New Delhi [India], November 10 (ANI): Rising bond yields have made fixed-income investments attractive, but investors should remain...

US evacuates aircraft from UK air base after Iran threat: Report

US evacuates aircraft from UK air base after Iran threat: Report

Washington, DC [US], November 10 (ANI): The United States has evacuated American aircraft from an air base in the UK following a threat...

European stocks may gain edge over US as investors shift focus from AI spending to returns: Goldman Sachs

European stocks may gain edge over US as investors shift focus from AI spending to returns: Goldman Sachs

New Delhi [India], November 10 (ANI): European equity markets could prove more resilient than US stocks as investors increasingly shift...

Global equities to draw support from earnings growth as investor risk appetite weakens: Goldman Sachs

Global equities to draw support from earnings growth as investor risk appetite weakens: Goldman Sachs

New Delhi [India], November 10 (ANI): Global equities are expected to remain supported by corporate earnings growth, lighter investor...

"Could be of great service": Nvidia CEO's China pitch under scrutiny after scandal

"Could be of great service": Nvidia CEO's China pitch under scrutiny after scandal

Washington, DC [US], November 10 (ANI): Nvidia Chief Executive Officer Jensen Huang's comments on the company's prospects in China...

AI, jobs and geopolitical tensions to dominate World Economic Forum's Davos 2027 agenda

AI, jobs and geopolitical tensions to dominate World Economic Forum's Davos 2027 agenda

New Delhi [India], November 10 (ANI): Artificial intelligence, the future of jobs, geopolitical tensions and global economic growth...

Easing oil, bond yields may support bank margins, RBI may hike rates by 25-50 bps in Dec: Jefferies

Easing oil, bond yields may support bank margins, RBI may hike rates by 25-50 bps in Dec: Jefferies

New Delhi [India], November 10 (ANI): Indian banks could see support to their margins from easing crude oil prices and bond yields,...

Agoda's AI Assistant Brings Travel Planning and Booking into One Conversation

Agoda's AI Assistant Brings Travel Planning and Booking into One Conversation

PRNewswire Singapore, November 10: For the first time in its 20+ year history, digital travel platform Agoda has introduced a brand-new...

Citi raises Nifty target to 28,000, sees 12% upside on earnings growth, lower oil prices

Citi raises Nifty target to 28,000, sees 12% upside on earnings growth, lower oil prices

New Delhi [India], November 10 (ANI): India's benchmark Nifty could rise to 28,000 by December 2027, offering an upside of around 12...

Qantas Airways to outsource 850 head-office jobs to Accenture, services to be largely delivered from India

Qantas Airways to outsource 850 head-office jobs to Accenture, services to be largely delivered from India

New Delhi [India], November 10 (ANI): Australian airline Qantas is set to outsource around 850 head-office jobs to technology company...

"No compelling reason": CA CEO Greenberg on re-opening investigation into 2018 Sandpapergate

"No compelling reason": CA CEO Greenberg on re-opening investigation into 2018 Sandpapergate

Melbourne [Australia], November 10 (ANI): Cricket Australia (CA) Chief Executive Officer (CEO) Todd Greenberg expressed that there...

India may not see US-like rise in natural interest rates despite global yield pressures: Report

India may not see US-like rise in natural interest rates despite global yield pressures: Report

New Delhi [India], November 10 (ANI): India's natural interest rate is likely to remain stable despite rising interest rates in developed...

Indian stock markets closed for Diwali-Balipratipada; Asian markets rally, crude oil falls

Indian stock markets closed for Diwali-Balipratipada; Asian markets rally, crude oil falls

Mumbai (Maharashtra) [India], November 10 (ANI): Indian equity markets remained closed on Tuesday on account of Diwali-Balipratipada,...

India's credit growth accelerates to 21% in October; HSBC raises FY27 loan growth forecast to 18%

India's credit growth accelerates to 21% in October; HSBC raises FY27 loan growth forecast to 18%

New Delhi [India], November 10 (ANI): India's credit growth accelerated to 21 per cent year-on-year in October, led by stronger borrowing...

Lower oil prices pull down bond yields; 10-year G-sec seen trading at 7.10-7.25%: Report

Lower oil prices pull down bond yields; 10-year G-sec seen trading at 7.10-7.25%: Report

New Delhi [India], November 10 (ANI): Domestic government bond yields are expected to remain softer in the near term, with the 10-year...

AI demand unlikely to be derailed by Nvidia CEO controversy, Taiwan supply chain sources say

AI demand unlikely to be derailed by Nvidia CEO controversy, Taiwan supply chain sources say

Taipei [Taiwan], November 10 (ANI): Global demand for artificial intelligence (AI) is expected to remain strong despite the controversy...

(CIIE) Ralph Lauren on CIIE debut: China is source of evolving inspiration

(CIIE) Ralph Lauren on CIIE debut: China is source of evolving inspiration

by Xinhua writers Yao Yuan and Zhou Rui SHANGHAI, Nov. 10 (Xinhua) -- One moment, models walk the runway; the next, they step into...

High fuel costs reshape European airlines' winter operations

High fuel costs reshape European airlines' winter operations

WARSAW, Nov. 10 (Xinhua) -- European airlines are entering the winter season with reduced flight schedules and more cautious expansion...

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Surging Knicks host Bucks amid historic slide
Surging Knicks host Bucks amid historic slide

(Photo credit: David Richard) The Milwaukee Bucks are enduring one of the worst starts in franchise history as they navigate their...


No. 3 Illinois offense will be put to test vs. No. 16 Texas Tech
No. 3 Illinois offense will be put to test vs. No. 16 Texas Tech

(Photo credit: Ron Johnson) Third-ranked Illinois won its first two games by an average of 58.5 points, while No. 16 Texas Tech coasted...


Packers RB Josh Jacobs needs surgery; IR possible
Packers RB Josh Jacobs needs surgery; IR possible

(Photo credit: Jeff Hanisch) Green Bay Packers running back Josh Jacobs faces another absence after fracturing his right ring finger...


Rams WR Puka Nacua likely headed to IR
Rams WR Puka Nacua likely headed to IR

(Photo credit: Geoff Burke) Los Angeles Rams coach Sean McVay said Monday that receiver Puka Nacua is likely to be placed on injured...


Cincinnati braves for tough task vs. Minnesota
Cincinnati braves for tough task vs. Minnesota

(Photo credit: Aaron Doster) Cincinnati first-year coach Jerrod Calhoun likes what he sees from his team, however he knows the Bearcats...


NBA roundup: Austin Reaves (43 points) steps up as Lakers down Pistons
NBA roundup: Austin Reaves (43 points) steps up as Lakers down Pistons

(Photo credit: Gary A. Vasquez) Austin Reaves had a season-best 43 points as the Los Angeles Lakers, without injured star Luka Doncic,...