Page 2 - Bloomberg

Oracle plans to raise up to $50 billion in 2026 for cloud buildup

Oracle is raising money to build additional capacity to meet the contracted demand from the company's largest cloud customers, including Advanced Micro Devices

Gold plunges after biggest drop in a decade as extended rally unwinds

Spot gold fell as much as 6.3 per cent on Monday while Silver swung sharply, dropping to around $75 an ounce having earlier climbed as much as 3.2 per cent

OPEC+ set to ratify March output pause as Iran risks lift oil prices higher

OPEC+ is expected to extend its pause on oil production increases in March, even as geopolitical tensions and Iran-related risks push crude prices higher

India expects record ₹3.16 trn dividend from RBI, state-run firms in FY27

The funds would be crucial for the government to meet its spending needs while keeping the fiscal deficit within 4.3 per cent of gross domestic product

Budget 2026 to focus on job growth, fiscal discipline amid global risks

This Budget is expected to outline higher spending on roads, ports and railways to maintain demand, create jobs and insulate the world's fastest growing major economy from external headwinds

Winter storm, freezing cold grounds 2,100 flights, threatens citrus crops

The storm means a second weekend of flight delays and cancellations, but shouldn't be as severe as the previous round, when more than 10,000 trips were scrubbed across the country

US govt agencies shut down as Trump-backed funding deal awaits House vote

The funding lapse is likely to be short, with the House returning from a week-long break on Monday and the Republican president fully supporting the spending package

New DOJ files show Lutnick planned Epstein island visit, stayed in touch

In a December 2012 email, Lutnick asked Epstein if it would be possible for his family and another to visit his island during a trip to the Caribbean

Bezos' Blue Origin to halt space tourism flights to focus on moon mission

Blue Origin holds a $3.4 billion contract with Nasa to develop its Blue Moon lander, designed to shuttle astronauts to and from the moon, with a landing originally targeted for 2029

Nvidia halts plan to invest $100 billion in OpenAI after talks collapse

The discussions stalled after some inside Nvidia expressed concerns about the transaction, the Wall Street Journal said, citing unidentified people familiar with the deliberations

Donald Trump nominates BLS economist Brett Matsumoto to head agency

Matsumoto, who has a PhD in economics, arrived at BLS in 2015 and works within the Division of Price and Index Number Research

Apple loses several AI researchers, top Siri executive amid talent exodus

Apple's AI challenges have contributed to a stock slump this year - even as the company's sales reach new heights

Gold, silver plunge as wild swings, record losses rattle metals markets

Even after Friday's pullback, gold still registered a monthly gain of 13 per cent while silver was up 19 per cent for the month

Elon Musk's Spacex weighs merger with Tesla or xAI ahead of IPO plans

Elon Musk's SpaceX is exploring a potential merger with Tesla or AI firm xAI, a move that could reshape its IPO plans and consolidate Musk's business empire

Apple rebounds in China with biggest quarterly sales in four years

Apple's iPhone 17 fuels a $25.5bn quarter in greater China, marking a sharp rebound and record holiday sales for the tech giant

Govt's plan to allow bond lending remains stalled over tax uncertainties

No trades have been executed on a portal set up in July 2024 by the nation's sovereign debt clearing house, as market players await clarity

Groww, Edelweiss among bidders for Prudential's India asset management arm

PGIM Inc. is looking to sell its loss-making India asset management unit after seeing little meaningful expansion since it acquired the business from Deutsche Bank AG a decade ago

India-EU trade deal strengthens PM Modi's 'Make in India' ambitions

The EU deal could also revive appetite from foreign businesses looking to diversify their operations out of China, seeing India as a possible alternative to set up factories for export into Europe

Adani pivots to local debt, aims to raise $10 billion over three years

A move last week by the US SEC to advance its stalled fraud case against Adani brought another reminder of the uncertainties burnishing the appeal of local funding

Bitcoin falls to two-month low as investors pull billions from spot ETFs

Bitcoin fell as much as 3.9 per cent to $81,102 Friday in Singapore, its weakest since Nov 21, extending a rout that gathered pace overnight