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...

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...

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...

Mission Mars Trilogy Brings Science Fiction, Technology and Thriller Storytelling to the Fore

Mission Mars Trilogy Brings Science Fiction, Technology and Thriller Storytelling to the Fore

VMPL Thiruvananthapuram (Kerala) [India], August 12: Science fiction, space exploration, technology and mystery come together in...

Krushal Launches Farm Care Plan at 1 Rupee per Litre for Residue-Safe Protein-Rich Traceable Milk

Krushal Launches Farm Care Plan at 1 Rupee per Litre for Residue-Safe Protein-Rich Traceable Milk

BusinessWire India Shrirampur (Maharashtra)/ Bengaluru (Karnataka) [India], August 12: Starting with the Baramati area in 2023, Krushal...

TSMC approves USD 29.44 billion capital budget for capacity expansion amid AI demand

TSMC approves USD 29.44 billion capital budget for capacity expansion amid AI demand

Taipei [Taiwan], August 12 (ANI): Taiwan Semiconductor Manufacturing Co. (TSMC) approved a capital budget of about USD 29.44 billion...

Indian markets open lower as rising crude prices, geopolitical tensions weigh on sentiment

Indian markets open lower as rising crude prices, geopolitical tensions weigh on sentiment

New Delhi [India], August 12 (ANI): Indian markets started the day in the red with the BSE SENSEX at 78,072.38 points, down by 81.87...

US flags Pakistan's secretive military and intelligence spending, calls for civilian oversight

US flags Pakistan's secretive military and intelligence spending, calls for civilian oversight

Washington, DC [US], August 12 (ANI): Highlighting significant opacity in Islamabad's defence apparatus, the US State Department has...

TSMC, Sony form joint venture for next-gen image sensors in Japan; Commercial production to start in 2029

TSMC, Sony form joint venture for next-gen image sensors in Japan; Commercial production to start in 2029

Taipei [Taiwan], August 12 (ANI): Taiwan Semiconductor Manufacturing Co. (TSMC) and Sony Semiconductor Solutions Corp. agreed on Tuesday...

Anthropic to implement machine-readable marking across new AI models to ensure content transparency

Anthropic to implement machine-readable marking across new AI models to ensure content transparency

San Francisco (California) [US], August 12 (ANI): Claude's new models will mark AI-generated content from day one as part of compliance...

US household debt drops by USD 13 bn to USD 18.8 tn in Q2 2026: Federal Reserve Bank of New York

US household debt drops by USD 13 bn to USD 18.8 tn in Q2 2026: Federal Reserve Bank of New York

New York [US], August 12 (ANI): Household debt balances decreased slightly while credit card delinquency transition rates remained...

"No financial loss to Keralam government": Ex-Sports Minister Abdurahiman on proposed Argentina match

"No financial loss to Keralam government": Ex-Sports Minister Abdurahiman on proposed Argentina match

Thiruvananthapuram (Keralam) [India], August 12 (ANI): Former Sports Minister V Abdurahiman said all government procedures were followed...

OpenAI COO Brad Lightcap departs after eight years "to start something new"

OpenAI COO Brad Lightcap departs after eight years "to start something new"

New Delhi [India], August 12 (ANI): Brad Lightcap announced his departure from the artificial intelligence company to start a new venture,...

EU has no idea who will pay for 90 bn Ukraine loan MEP

EU has no idea who will pay for 90 bn Ukraine loan  MEP

Member states approved the interest-free scheme earlier this year to prop up Kiev in 2026 and 2027 The EU is pumping €90 billion...

US State Department finds 73 of 139 governments meet fiscal transparency requirements in 2026 report

US State Department finds 73 of 139 governments meet fiscal transparency requirements in 2026 report

Washington, DC [US], August 12 (ANI): The US Department of State on Tuesday (local time) released the 2026 Fiscal Transparency Report,...

SBI Research sees Q1 FY27 GDP growth at 8%, points to broad-based momentum

SBI Research sees Q1 FY27 GDP growth at 8%, points to broad-based momentum

New Delhi [India], August 11 (ANI): SBI Research expects India's real GDP growth to rise to 8 per cent in the first quarter of financial...

GHV Infra Projects Reports Strong Q1FY27 Performance; EBITDA Records 235.93% YoY Growth

GHV Infra Projects Reports Strong Q1FY27 Performance; EBITDA Records 235.93% YoY Growth

PNN Mumbai (Maharashtra) [India], August 11: GHV Infra Projects Limited (BSE: 505504), a growing infrastructure development and EPC...

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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...


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...


Luis Rengifo's slam sends Padres to blowout of Brewers
Luis Rengifo's slam sends Padres to blowout of Brewers

(Photo credit: Denis Poroy-Imagn Images) Luis Rengifo launched the first grand slam of his career and Fernando Tatis Jr. moved into...


At NFL media day, CBS mum on Tony Romo decision timeline
At NFL media day, CBS mum on Tony Romo decision timeline

(Photo credit: Kirby Lee-Imagn Images) CBS Sports president David Berson expressed concern about the brand's image but did not offer...


Steelers QB Aaron Rodgers willing, not eager, to play vs. Packers, Jordan Love
Steelers QB Aaron Rodgers willing, not eager, to play vs. Packers, Jordan Love

(Photo credit: Barry Reeger-Imagn Images) Steelers quarterback Aaron Rodgers is willing but nowhere near eager to play in Thursday's...


CBS to host NFL media day without Tony Romo
CBS to host NFL media day without Tony Romo

(Photo credit: Kirby Lee-Imagn Images) With the future of Tony Romo unsettled at CBS, the network will hold its NFL Media Day on...


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