Bloomberg
Bloomberg
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Proxies can even consume empires that support them. Iran should remember
While it may be tempting to allow militants to operate as long as they are focused on your strategic rival next door, there is no such thing as 'our' terrorists
 "Proxies can even consume empires that support them. Iran should remember")
Here's what to watch out for in Interim Budget ahead of Lok Sabha polls
The budget this week is an interim one until a new administration takes office, and the finance minister has already hinted there won't be any major announcements
 "Here's what to watch out for in Interim Budget ahead of Lok Sabha polls")
Baidu, not Google, to power AI on Samsung Galaxy S24 series phones in China
Samsung is making a push to expand its small share in China, the world's largest smartphone market
 "Baidu, not Google, to power AI on Samsung Galaxy S24 series phones in China")
Climate change: World's forests are doing much better than we think
The destruction of tropical forests gets so much (justified) attention that we're at risk of missing how much progress we're making in cooler climates.
 "Climate change: World's forests are doing much better than we think")
Biden faces pressure to confront Iran after three troops killed in Jordan
One possibility is covert action that would see the US strike Iran without claiming credit for it but sending a clear message regardless
 "Biden faces pressure to confront Iran after three troops killed in Jordan")
Child care costs are skyrocketing around the world: ECA International
In Japan, some businesses provide subsidised child care and family-friendly housing as part of employee benefit packages
 "Child care costs are skyrocketing around the world: ECA International")
Federal Reserve's decision could lead to interest rate cut in March
'The stage is set for the Fed to take steps toward cutting rates in coming months,' analysts say
 "Federal Reserve's decision could lead to interest rate cut in March")
Elon Musk's X pledges 100-person office in Texas to enforce content rules
The company aims to hire 100 full-time content moderators at the new location, according to Joe Benarroch, head of business operations at X
 "Elon Musk's X pledges 100-person office in Texas to enforce content rules")
US aims to use Israel-Hamas deal to open more lasting regional peace talks
The senior State Department official, who asked not to be identified discussing private conversations, said Secretary of State Antony Blinken had spoken recently to McGurk and Burns about the talks
 "US aims to use Israel-Hamas deal to open more lasting regional peace talks")
United Nations fires Gaza staff over claims they joined Hamas attack
A vast majority of UNRWA's 30,000 staff is Palestinian, with 13,000 of those in Gaza. The US State Department said in a statement Friday that 12 UNRWA staff had been accused of links to the attacks
 "United Nations fires Gaza staff over claims they joined Hamas attack")
New York court orders Trump to pay $83.3 million for defaming Carroll
Trump wasn't in the courtroom for the verdict. A few minutes after it was announced, he continued to fight back on social media
 "New York court orders Trump to pay $83.3 million for defaming Carroll")
US media layoffs top 3,000 in past year as digital ads disappoint
The job reductions include some of the most storied names in the business. Time magazine cut 15% of its staff. Conde Nast, publisher of Vogue and the New Yorker, has let go 5%
 "US media layoffs top 3,000 in past year as digital ads disappoint")
Israel-Hamas war: Starbucks, Coke, McDonald's hit by Middle East boycotts
In Cairo, on a recent weekday, dozens of usually bustling Starbucks and McDonald's stores stood completely empty
 "Israel-Hamas war: Starbucks, Coke, McDonald's hit by Middle East boycotts")
Mercedes-branded $1 billion tower is Dubai's latest bet on super rich
Last year, Binghatti broke ground on a tie-up with Bugatti Automobiles SAS on a project that will include elevators to transport cars to penthouses
 "Mercedes-branded $1 billion tower is Dubai's latest bet on super rich")
Asian stocks drop after 6-day winning streak; Chinese shares decline
A gauge of US-listed Chinese companies slipped Thursday amid declines for Baidu Inc, Yum China Holdings Inc. and Alibaba Group Holding Ltd
 "Asian stocks drop after 6-day winning streak; Chinese shares decline")
Ola founder Bhavish's Krutrim becomes first $1 billion Indian AI startup
It becomes the first Indian AI startup to gain a billion-dollar valuation, a mere month after debuting a large language model, the firm said in a blog post
 "Ola founder Bhavish's Krutrim becomes first $1 billion Indian AI startup")
Qatar's credit rating upgraded by Moody's to match France, UAE, overtake UK
The rating company also changed Qatar's outlook from positive to stable, meaning another upgrade is unlikely in the short term
 "Qatar's credit rating upgraded by Moody's to match France, UAE, overtake UK")
Chorus of Boeing critics mounts as airline CEOs call out planemaker
Alaska Air CEO Ben Minicucci echoed the sentiment, saying the carrier will "hold Boeing's feet to the fire to make sure we get good airplanes"
 "Chorus of Boeing critics mounts as airline CEOs call out planemaker")
As consumer credit grows, India's lending boom can be safer, if not slower
For lenders, however, the problem with adding new borrowers is the incremental cost
 "As consumer credit grows, India's lending boom can be safer, if not slower")
Red Sea crisis pushes costs of fuel tanker above $100,000 per day
The cost to ship refined products from the Middle East to Japan added another 3% to $101,000 a day on Thursday, according to data from the Baltic Exchange in London
 "Red Sea crisis pushes costs of fuel tanker above $100,000 per day")
