Intel secures $20 billion to fund foundry growth amid AI demand

Intel secures $20 billion to fund foundry growth amid AI demand

SANTA CLARA, California: Intel has raised US$20 billion through an upsized share offering as the chipmaker seeks to fund the expansion...

Ireland warns of low-value company pension schemes for workers

Ireland warns of low-value company pension schemes for workers

DUBLIN, Ireland: An Irish Government document has revealed that some large companies were working with financial advisers to move thousands...

Samsung SDI takes full control of GM battery joint venture

Samsung SDI takes full control of GM battery joint venture

SEOUL, South Korea: South Korean battery maker Samsung SDI will acquire General Motors' 49.99 percent stake in their Indiana battery...

U.S. stocks close lower as Nasdaq underperforms with 160-point drop

U.S. stocks close lower as Nasdaq underperforms with 160-point drop

NEW YORK, New York - U.S. stocks continued lower on Tuesday with the tech sector again leading the way. Investors and traders remain...

Nvidia teams with Wall Street to fund $500 billion AI infrastructure

Nvidia teams with Wall Street to fund $500 billion AI infrastructure

SAN FRANCISCO, California: Nvidia has teamed up with six major Wall Street firms to launch financing platforms to raise more than US$500...

Microsoft eyes September launch for Maia 300 AI chip

Microsoft eyes September launch for Maia 300 AI chip

REDMOND, Washington: Microsoft is preparing to unveil its next-generation Maia 300 artificial intelligence chip as early as September,...

Intel targets $15 billion stock sale after rally

Intel targets $15 billion stock sale after rally

SANTA CLARA, California: Intel plans to raise US$15 billion through a share sale to help finance the expansion of its contract chip...

Zuckerberg pushes open AI as Meta launches new model

Zuckerberg pushes open AI as Meta launches new model

MENLO PARK, California: Meta Platforms unveiled a new open-weight artificial intelligence model on Monday as Chief Executive Mark Zuckerberg...

Nasdaq Composite slips 95 points in subdued start to week

Nasdaq Composite slips 95 points in subdued start to week

NEW YORK, New York - Uncertainty over President Donald Trump's ability to close a deal with Iran on the opening of the Strait of Hormuz...

Berkshire climbs as Abel deploys cash, earnings beat views

Berkshire climbs as Abel deploys cash, earnings beat views

OMAHA, Nebraska: Berkshire Hathaway shares climbed on Monday to their highest level since Warren Buffett announced he would step down...

Nvidia plans up to $3 billion stake in Lancium: report

Nvidia plans up to $3 billion stake in Lancium: report

SANTA CLARA, California: Nvidia plans to invest up to $3 billion in power infrastructure developer Lancium, the company behind the...

Apple enables Alibaba's Qwen AI on Macs in China

Apple enables Alibaba's Qwen AI on Macs in China

BEIJING, China: Apple has published a guide showing how eligible Mac users in mainland China can connect Alibaba's Qwen artificial...

Greg Abel puts Berkshire cash to work in first big quarter

Greg Abel puts Berkshire cash to work in first big quarter

OMAHA, Nebraska: Berkshire Hathaway's cash pile shrank during the second quarter after new Chief Executive Greg Abel deployed billions...

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...

16 candidates shortlisted for Ayodhya Ram Mandir Trust CEO post

16 candidates shortlisted for Ayodhya Ram Mandir Trust CEO post

Ayodhya (Uttar Pradesh) [India], August 13 (ANI): The selection process for the Chief Executive Officer (CEO) of the Shri Ram Janmabhoomi...

India, Southern African Customs Union sign ToR for Preferential Trade Agreement negotiations; Piyush Goyal says "important step" in elevating economic ties

India, Southern African Customs Union sign ToR for Preferential Trade Agreement negotiations; Piyush Goyal says "important step" in elevating economic ties

New Delhi [India], August 12 (ANI): India and the Southern African Customs Union (SACU) on Wednesday signed the Terms of Reference...

Jeremy Strong emailed Mark Zuckerberg before portraying him in 'The Social Reckoning'

Jeremy Strong emailed Mark Zuckerberg before portraying him in 'The Social Reckoning'

Los Angeles [US], August 12 (ANI): Actor Jeremy Strong has revealed that he emailed Meta CEO Mark Zuckerberg before portraying him...

Foxconn posts record USD 1.86 bn profit in Apr-June quarter, up 35% YoY on AI server demand

Foxconn posts record USD 1.86 bn profit in Apr-June quarter, up 35% YoY on AI server demand

Taipei [Taiwan], August 12 (ANI): Foxconn reported its highest-ever net profit for the second quarter, rising 35 per cent year-on-year...

Food prices may push inflation higher, but it will remain below RBI's upper tolerance band: Experts

Food prices may push inflation higher, but it will remain below RBI's upper tolerance band: Experts

New Delhi [India], August 12 (ANI): India's retail inflation is expected to rise from current levels in the coming months, driven mainly...

India to pursue PTAs over FTAs with developing economies like South Africa: Senior government official

India to pursue PTAs over FTAs with developing economies like South Africa: Senior government official

By Sailesh Yadav New Delhi [India], August 12 (ANI): India will pursue Preferential Trade Agreements (PTAs) rather than full-fledged...

Scottie Scheffler 'excited' to start FedExCup Playoffs

Scottie Scheffler 'excited' to start FedExCup Playoffs

(Photo credit: Nick Wosika-Imagn Images) Scottie Scheffler has a plan to beat the heat and the competition this week as the PGA Tour...

Philippines says BrahMos deliveries from India on track, eyes deeper defence cooperation

Philippines says BrahMos deliveries from India on track, eyes deeper defence cooperation

By By Sahil Pandey New Delhi [India], August 12 (ANI): The Philippines on Wednesday said deliveries of the BrahMos supersonic cruise...

DDA approves Delhi Master Plan 2047 to guide capital's future growth, sent for Centre's nod

DDA approves Delhi Master Plan 2047 to guide capital's future growth, sent for Centre's nod

New Delhi [India], August 12 (ANI): The Delhi Development Authority (DDA), in its meeting chaired by Lt. Governor Sardar Taranjit Singh...

Mindteck Reports Financial Results for Q1 2026-27

Mindteck Reports Financial Results for Q1 2026-27

BusinessWire India Bengaluru (Karnataka) [India], August 12: Mindteck (India) Limited (BSE: 517344 and NSE: MINDTECK), the global...

FlexiLoans Crosses Rs 3,000 Crore AUM Milestone, 70,000+ MSMEs served Across 11,000+ Locations Across India

FlexiLoans Crosses Rs 3,000 Crore AUM Milestone, 70,000+ MSMEs served Across 11,000+ Locations Across India

VMPL New Delhi [India], August 12: FlexiLoans.com - India's leading MSME-focused digital NBFC, today announced that it has crossed...

Sensex ends 188 points lower, Nifty slips 36 points as elevated crude prices weigh on investor sentiment

Sensex ends 188 points lower, Nifty slips 36 points as elevated crude prices weigh on investor sentiment

Mumbai (Maharashtra) [India], August 12 (ANI): The domestic equity markets closed lower on Wednesday, with the benchmark Sensex falling...

Indian Music Industry Faces 350 Crore Annual Sync Revenue Loss

Indian Music Industry Faces 350 Crore Annual Sync Revenue Loss

PRNewswire Mumbai (Maharashtra) [India], August 12: Millions of reels are created every single day across social media platforms...

India sees 15% export growth in first four months, targets USD 1 trillion this year: Piyush Goyal

India sees 15% export growth in first four months, targets USD 1 trillion this year: Piyush Goyal

New Delhi [India], August 12 (ANI): India has recorded around 15 per cent growth in exports in the first four months of the current...

FCNR inflows may push FY27 loan growth to 16%; weaker-liability banks to benefit: Report

FCNR inflows may push FY27 loan growth to 16%; weaker-liability banks to benefit: Report

New Delhi [India], August 12 (ANI): Foreign Currency Non-Resident (FCNR) inflows could boost system deposit growth by ~3 percentage...

U.S. economic discontent persists despite rising small business optimism

U.S. economic discontent persists despite rising small business optimism

WASHINGTON, Aug. 12 (Xinhua) -- U.S. small business optimism is on the rise, according to data released Tuesday, but the general public...

PBIoE Launches the Swiss Finish Global Leadership & Savoir-Faire Winter School, and the The London, Paris Shanghai Executive Leadership Program

PBIoE Launches the Swiss Finish Global Leadership & Savoir-Faire Winter School, and the The London, Paris Shanghai Executive Leadership Program

VMPL New Delhi [India], August 12: Power Brands Institute of Entrepreneurship, with Make Your Own Destiny (MYOD) under Planman Group,...

Margins pressure on Indian banks may ease as funding costs decline: Kotak

Margins pressure on Indian banks may ease as funding costs decline: Kotak

Mumbai (Maharashtra) [India], August 12 (ANI): Net interest margin (NIM) pressure on Indian banks may be close to easing, with margins...

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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...


Mets coming off loss to Braves but still 'enjoying the moment' on road trip
Mets coming off loss to Braves but still 'enjoying the moment' on road trip

(Photo credit: Dale Zanine-Imagn Images) The New York Mets will look to finish their nine-game road trip on a high note Wednesday...


Padres, on a postseason quest, battle MLB-best Brewers
Padres, on a postseason quest, battle MLB-best Brewers

(Photo credit: Denis Poroy-Imagn Images) The highlight of Luis Rengifo's 57-game stay with the Milwaukee Brewers was a three-RBI...


High-octane Rays strive to complete perfect road trip in rematch vs. A's
High-octane Rays strive to complete perfect road trip in rematch vs. A's

(Photo credit: Dennis Lee-Imagn Images) The Tampa Bay Rays are making the scoreboard work overtime and have a chance to complete...


Orioles' Gunnar Henderson stepping up ahead of finale vs. Twins
Orioles' Gunnar Henderson stepping up ahead of finale vs. Twins

(Photo credit: Rick Osentoski-Imagn Images) Gunnar Henderson has struggled this season. But he offered a reason for optimism on Tuesday...


Trump-backed Mike Lindell loses Minnesota primary to Lisa Demuth; South Carolina Senate race heads to runoff
Trump-backed Mike Lindell loses Minnesota primary to Lisa Demuth; South Carolina Senate race heads to runoff

Minnesota [US], August 12 (ANI): US state primary elections on Tuesday delivered major victories and crushing defeats, with Minnesota...


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