Shein cuts Hong Kong IPO valuation to around $25 billion

Shein cuts Hong Kong IPO valuation to around $25 billion

HONG KONG: Fast-fashion retailer Shein is targeting a valuation of around US$25 billion for its planned Hong Kong IPO, sharply below...

Wall Street shudders as global bond yields spike to muilti-dfecade highs

Wall Street shudders as global bond yields spike to muilti-dfecade highs

NEW YORK, New York - U.S. stocks traded lower on Tuesday as global bond markets continued their recent collapse, with sovereign debt...

Trump-backed crypto firm ties up with platform offering Chinese AI

Trump-backed crypto firm ties up with platform offering Chinese AI

BOSTON, Massachusetts: A crypto company backed by U.S. President Donald Trump is working with a Hong Kong-based venture that provides...

Nvidia backs OpenAI Ohio data center with $105 billion guarantee

Nvidia backs OpenAI Ohio data center with $105 billion guarantee

SANTA CLARA, California: Nvidia has agreed to guarantee up to US$105 billion to support OpenAI's lease of a major Ohio data center...

Epic Systems faces FTC antitrust probe over health data access

Epic Systems faces FTC antitrust probe over health data access

WASHINGTON, DC: The U.S. Federal Trade Commission is investigating healthcare database giant Epic Systems over how it grants or restricts...

U.S. stocks fall across the board as U.S. talks with Iran waver

U.S. stocks fall across the board as U.S. talks with Iran waver

NEW YORK, New York - U.S. stocks turned lower on Monday as U.S. negotiations with Iran continued to falter, putting pressure on oil...

Nvidia weighs $3 billion SB Energy investment for OpenAI project

Nvidia weighs $3 billion SB Energy investment for OpenAI project

SANTA CLARA, California: Nvidia is in talks to invest as much as $3 billion in SoftBank Group subsidiary SB Energy, which is developing...

Berkshire boosts Alphabet stake by 83% to nearly 106 million shares

Berkshire boosts Alphabet stake by 83% to nearly 106 million shares

OMAHA, Nebraska: Berkshire Hathaway increased its stake in Alphabet by 83% during the second quarter, lifting the Google and YouTube...

Anthropic eyes up to $200 billion in 2028 revenue ahead of IPO

Anthropic eyes up to $200 billion in 2028 revenue ahead of IPO

SAN FRANCISCO, California: Anthropic's potential IPO valuation is being shaped by an unusually long-term bet on the AI company's growth,...

S&P 500 CEO pay jumps 21% as Musk-style awards gain ground

S&P 500 CEO pay jumps 21% as Musk-style awards gain ground

NEW YORK CITY, New York: Average pay for S&P 500 chief executives climbed to a record in 2025 as more companies adopted mega compensation...

Taoiseach urged to act over funding of drug to treat rare disease

Taoiseach urged to act over funding of drug to treat rare disease

DUBLIN, Ireland: Taoiseach Micheál Martin has been urged to step in and ensure there is full transparency about a recommendation to...

Workday shares surge as Silver Lake weighs takeover deal

Workday shares surge as Silver Lake weighs takeover deal

PLEASANTON, California: Private equity firm Silver Lake is in talks to acquire Workday in a potential deal that would rank among the...

Investors sue Selena Gomez for alleged start-up fraud

Investors sue Selena Gomez for alleged start-up fraud

LOS ANGELES, California: Investors in Selena Gomez's mental health start-up have sued the singer and actor, alleging she committed...

Google unveils lower-cost Gemini 3.7 Flash AI model

Google unveils lower-cost Gemini 3.7 Flash AI model

MOUNTAIN VIEW, California: Google has launched Gemini 3.7 Flash, its latest artificial intelligence model designed for software coding...

Apple develops own AI model for China with Alibaba's help

Apple develops own AI model for China with Alibaba's help

CUPERTINO, California: Apple has trained its own large language model specifically for China with support from Alibaba, marking a shift...

U.S. stocks weaken on disappointing retail sales, consumer confidence

U.S. stocks weaken on disappointing retail sales, consumer confidence

NEW YORK, New York - U.S. stocks fell across the board on Friday as economic data disappointed. Retail sales for July were lower than...

Databricks raises $5 billion as valuation jumps to $190 billion

Databricks raises $5 billion as valuation jumps to $190 billion

SAN FRANCISCO, California: Databricks has secured $5 billion in fresh funding at a $190 billion valuation, marking a sharp increase...

37,454 new multipurpose PACS registered in govt's 5-year plan to cover each Panchayats

37,454 new multipurpose PACS registered in govt's 5-year plan to cover each Panchayats

By Rajnish Singh New Delhi [India], August 19 (ANI): Within three years of its five-year plan to establish new multipurpose Primary...

"India should not rush into US trade deal, must protect national interests": EAC-PM Member Sanjeev Sanyal

"India should not rush into US trade deal, must protect national interests": EAC-PM Member Sanjeev Sanyal

New Delhi [India], August 19 (ANI): India should not rush to finalise a trade agreement with the United States and must ensure that...

Chhattisgarh: Once a Naxal stronghold, scenic Nambi waterfall emerges as popular tourist destination

Chhattisgarh: Once a Naxal stronghold, scenic Nambi waterfall emerges as popular tourist destination

Bijapur (Chhattisgarh) [India], August 19 (ANI): As Bijapur of Chhattisgarh's Bastar division becomes free from the influence of Naxalism,...

BRICS rejects punitive and discriminatory EU carbon border tax

BRICS rejects punitive and discriminatory EU carbon border tax

The mechanism is inconsistent with international law and a significant trade barrier for developing countries, ministers have said...

Indian markets open lower, Sensex down over 200 pts; Nifty below 24,100 amid surging oil prices

Indian markets open lower, Sensex down over 200 pts; Nifty below 24,100 amid surging oil prices

Mumbai (Maharashtra) [India], August 19 (ANI): Indian benchmark indices opened on a muted note amid higher commodity prices. Sensex...

General Entertainment Channels (GEC), Free-to-Air (FTA) channels to gain most from TV ad cap removal: Report

General Entertainment Channels (GEC), Free-to-Air (FTA) channels to gain most from TV ad cap removal: Report

New Delhi [India], August 19 (ANI): While the removal of the 12-minute-per-hour television advertising cap is likely to have a limited...

Union Minister Piyush Goyal invites Japanese businesses to deepen investments, partnerships in India

Union Minister Piyush Goyal invites Japanese businesses to deepen investments, partnerships in India

New Delhi [India], August 19 (ANI): Union Minister for Commerce and Industry Piyush Goyal highlighted the growing depth and strategic...

Why Trump is mad at South Korea

Why Trump is mad at South Korea

The US presidents clash with Seoul is part of a wider effort to reevaluate alliances and test what American protection is worth Only...

San Francisco to host 2027 WNBA All-Star Game

San Francisco to host 2027 WNBA All-Star Game

(Photo credit: Kyle Terada-Imagn Images) The Golden State Valkyries and the San Francisco Bay Area will host the 2027 WNBA All-Star...

NPS contribution by Delivery Partners Onboarded on Zomato Crosses 1 Crore, as PRAN Enrolments Surpass 2 Lakh

NPS contribution by Delivery Partners Onboarded on Zomato Crosses 1 Crore, as PRAN Enrolments Surpass 2 Lakh

PRNewswire New Delhi [India], August 18: Zomato, India's food ordering and delivery platform, announced that the National Pension...

TV ad cap removal may boost industry ad revenue by only 1-3%: Elara Securities

TV ad cap removal may boost industry ad revenue by only 1-3%: Elara Securities

New Delhi [India], August 18 (ANI): The removal of the 12-minute-per-hour advertising cap for television channels may provide only...

Strong FCNR-B inflows and stable valuations support markets as crude crosses USD 90/barrel: Experts

Strong FCNR-B inflows and stable valuations support markets as crude crosses USD 90/barrel: Experts

Mumbai (Maharashtra) [India], August 18 (ANI): Amid the Brent crude hovering near USD 90-91 per barrel due to US-Iran friction and...

Nifty ends 133 points lower, Sensex falls 493 points due to high crude price and rising US bond yield

Nifty ends 133 points lower, Sensex falls 493 points due to high crude price and rising US bond yield

Mumbai (Maharashtra) [India], August 18 (ANI): The equity markets extended their decline on Tuesday, with both benchmark indices closing...

Vizhinjam EXIM operations to help India cut reliance on foreign transhipment hubs

Vizhinjam EXIM operations to help India cut reliance on foreign transhipment hubs

Thiruvananthapuram (Keralam) [India], August 18 (ANI): The commencement of full-fledged export-import (EXIM) operations at Vizhinjam...

Update: Xi calls for stronger China-Ecuador synergy in development strategies

Update: Xi calls for stronger China-Ecuador synergy in development strategies

BEIJING, Aug. 18 (Xinhua) -- Chinese President Xi Jinping on Tuesday emphasized that China and Ecuador should strengthen the synergy...

India's capital inflows may jump to USD 120 billion in FY27: Kotak Equities

India's capital inflows may jump to USD 120 billion in FY27: Kotak Equities

New Delhi [India], August 18 (ANI): India's capital account flows could rise sharply to around USD 120 billion in FY2027 from just...

India's senior living market seen crossing Rs 1 lakh crore by 2030, 4X from current levels: Colliers

India's senior living market seen crossing Rs 1 lakh crore by 2030, 4X from current levels: Colliers

New Delhi [India], August 18 (ANI): India's senior living market is projected to cross Rs 1 lakh crore by 2030, nearly quadrupling...

India-US trade talks progressive; comprehensive deal could boost bilateral business: IACC President

India-US trade talks progressive; comprehensive deal could boost bilateral business: IACC President

Mumbai (Maharashtra) [India], August 18 (ANI): India-US trade talks are moving in a positive direction, and a comprehensive agreement...

UPI growth pushes banks to look beyond payments for revenue: McKinsey

UPI growth pushes banks to look beyond payments for revenue: McKinsey

New Delhi [India], August 18 (ANI): The rapid growth of India's Unified Payments Interface (UPI) is putting pressure on traditional...

RBI measures lift FY27 BoP outlook to over USD 50 bn surplus, CAD seen at 1%: SBI Research

RBI measures lift FY27 BoP outlook to over USD 50 bn surplus, CAD seen at 1%: SBI Research

New Delhi [India], August 18 (ANI): India's balance of payments (BoP) is expected to post a surplus of around USD 50 billion in FY27,...

Paul Merchants Finance Launches Loan Against Silver, Becomes India's First NBFC to Set Up Exclusive Silver Loan Branches

Paul Merchants Finance Launches Loan Against Silver, Becomes India's First NBFC to Set Up Exclusive Silver Loan Branches

PNN Chandigarh [India], August 18: Paul Merchants Finance Private Limited (PMFPL), a diversified NBFC and part of the Paul Merchants...

Tata Group's Nelco partners with US-based Elveo to bring direct-to-device, IoT connectivity in South Asia

Tata Group's Nelco partners with US-based Elveo to bring direct-to-device, IoT connectivity in South Asia

New Delhi [India], August 18 (ANI): Tata Group-owned satellite communication service provider Nelco Limited has announced a strategic...

"Took full advantage of ceasefire": Iran prepares for bigger fight with US and Israel, eyes Kuwait ground raid

"Took full advantage of ceasefire": Iran prepares for bigger fight with US and Israel, eyes Kuwait ground raid

Washington, DC [US], August 18 (ANI): Iran's Islamic Revolutionary Guard Corps (IRGC) has utilised the period of relative calm following...

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Epic Systems faces FTC antitrust probe over health data access
Epic Systems faces FTC antitrust probe over health data access

WASHINGTON, DC: The U.S. Federal Trade Commission is investigating healthcare database giant Epic Systems over how it grants or restricts...


No end in sight to Iran-US war, fuel prices to stay high
No end in sight to Iran-US war, fuel prices to stay high

DUBAI/CAIRO/GARDEN CITY, New York: Iran has called on the United States to accept that it has been defeated, while U.S. President Donald...


Mariners, Brewers moving on from historic evening
Mariners, Brewers moving on from historic evening

(Photo credit: Mark Hoffman/Milwaukee Journal Sentinel / USA TODAY NETWORK via Imagn Images) Seattle Mariners manager Dan Wilson...


MLB roundup: Brewers match club record with 22 runs, blank Mariners
MLB roundup: Brewers match club record with 22 runs, blank Mariners

(Photo credit: Michael McLoone-Imagn Images) Christian Yelich, David Hamilton, Jake Bauers and Luis Lara hit home runs for the host...


Brewers tie club mark with 22 runs while blanking Mariners
Brewers tie club mark with 22 runs while blanking Mariners

(Photo credit: Michael McLoone-Imagn Images) Christian Yelich, David Hamilton, Jake Bauers and Luis Lara hit home runs for the host...


Dodgers place closer Edwin Diaz (neck) on IL
Dodgers place closer Edwin Diaz (neck) on IL

(Photo credit: Jayne Kamin-Oncea-Imagn Images) Struggling mightily since coming off the injured list late last month, Los Angeles...


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No end in sight to Iran-US war, fuel prices to stay high

DUBAI/CAIRO/GARDEN CITY, New York: Iran has called on the United States to accept that it has been defeated, while U.S. President Donald Trump described Tehran as a very evil country...

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