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Morgan Stanley set to sell $3 billion of X debt without any discount

It is the third transaction in a frenetic period of less than a month, during which Morgan Stanley led a group of seven Wall Street banks to sell a total of $6.5 billion in X debt

Morgan Stanley set to sell $3 billion of X debt without any discount
Updated On : 13 Feb 2025 | 9:06 AM IST

Elon Musk's all-cash bid for startup undercuts legal attack, says OpenAI

Altman has spurned the buyout offer, saying the company is not for sale

Elon Musk's all-cash bid for startup undercuts legal attack, says OpenAI
Updated On : 13 Feb 2025 | 8:58 AM IST

Rupee set for losses as RBI focuses on monetary easing, rising volatility

The rupee's recent gyrations mark a departure from its stability in the past two years, and the moves are testing new central bank chief Sanjay Malhotra's tolerance in dealing with swings

Rupee set for losses as RBI focuses on monetary easing, rising volatility
Updated On : 13 Feb 2025 | 8:51 AM IST

Warner Bros to open its largest Harry Potter studio tour in Shanghai

The country already has one Harry Potter attraction, the Wizarding World of Harry Potter area at Universal Studios in Beijing, which opened in 2021

Warner Bros to open its largest Harry Potter studio tour in Shanghai
Updated On : 12 Feb 2025 | 11:27 PM IST

US defence secy Hegseth rejects troops support, Nato membership for Ukraine

The comments amounted to a major reorientation of US policy as President Donald Trump looks for ways to bring the war in Ukraine to an end

US defence secy Hegseth rejects troops support, Nato membership for Ukraine
Updated On : 12 Feb 2025 | 11:21 PM IST

Meta Platforms tweak accounting formula on AI servers to boost profit

By Meta's reckoning, the shift is expected to reduce the company's depreciation expense by $2.9 billion in 2025, which would, on its own, amount to almost 4% of estimated pre-tax profits for the year

Meta Platforms tweak accounting formula on AI servers to boost profit
Updated On : 12 Feb 2025 | 10:11 PM IST

Adani Group signs $207 million private loan for Australia coal port unit

The ability for Adani to secure new debt demonstrates that it is recovering from a fallout after the US indicted Gautam Adani over a bribery plot in November

Adani Group signs $207 million private loan for Australia coal port unit
Updated On : 12 Feb 2025 | 9:39 PM IST

Google CEO Pichai sees 'useful' quantum computers 5-10 years away

Governments, led by the US and China, and corporations are pledging billions of dollars to quantum computing research in the pursuit of the futuristic technology

Google CEO Pichai sees 'useful' quantum computers 5-10 years away
Updated On : 12 Feb 2025 | 8:14 PM IST

Indian refiners work to build sanctions-proof supply chain for Russian oil

Some are existing outfits that have not been impacted by the punitive measures, while others are newly created, replacing those that are now off-limits

Indian refiners work to build sanctions-proof supply chain for Russian oil
Updated On : 12 Feb 2025 | 8:12 PM IST

MSCI drops more Chinese stocks from indexes despite market rebound

Among other notable changes, MSCI removed 11 stocks from the MSCI Korea Index while adding none. It culled nine from Japan and added one

MSCI drops more Chinese stocks from indexes despite market rebound
Updated On : 12 Feb 2025 | 4:02 PM IST

PM Modi aims to boost investment ties, secure tariff relief during US visit

PM's US visit comes as foreigners have pulled $21 bn from Indian markets since September end, rupee has hit fresh lows, and the nation's $4.1 trillion stock market is Asia's worst performer in 2025

PM Modi aims to boost investment ties, secure tariff relief during US visit
Updated On : 12 Feb 2025 | 3:41 PM IST

Hon Hai offers Renault a lifeline, says open to buying its stake in Nissan

The company, known also as Foxconn, had adopted a wait-and-see attitude while Honda and Nissan worked out a plan to integrate their businesses

Hon Hai offers Renault a lifeline, says open to buying its stake in Nissan
Updated On : 12 Feb 2025 | 1:45 PM IST

IOC, BPCL to sign multibillion-dollar LNG purchase deals With Adnoc

The deals highlight India's plan to more than double the share of gas in its energy mix by the end of this decade

IOC, BPCL to sign multibillion-dollar LNG purchase deals With Adnoc
Updated On : 12 Feb 2025 | 1:03 PM IST

Here's why China's DeepSeek is India's final call to board the AI flight

Unless the most-populous nation puts its globally acknowledged edge in software programming to work, the moment will pass it by

Here's why China's DeepSeek is India's final call to board the AI flight
Updated On : 12 Feb 2025 | 8:05 AM IST

Airlines urge Trump admin to end Biden's push on paying stranded customers

The proposal being considered would require airlines to pay stranded passengers at least $200, and as much as $775, in cash when a disruption is caused by the carrier

Airlines urge Trump admin to end Biden's push on paying stranded customers
Updated On : 12 Feb 2025 | 7:25 AM IST

Apple renames Gulf of Mexico to Gulf of America on Maps after Trump's order

The change comes after the US government updated its official map to reflect the new name. Alphabet Inc.'s Google made a similar update to its Google Maps app earlier this week

Apple renames Gulf of Mexico to Gulf of America on Maps after Trump's order
Updated On : 12 Feb 2025 | 7:21 AM IST

President Trump directs federal job cuts as Musk defends downsizing

Agencies will be permitted to hire no more than one employee for every four workers leaving the government, the document said

President Trump directs federal job cuts as Musk defends downsizing
Updated On : 12 Feb 2025 | 7:16 AM IST

Elon Musk's bid to control OpenAI complicates for-profit transition

Musk, who has since launched a rival AI firm, has fired off angry posts about Altman on his social media platform, filed two lawsuits against the company for straying from its founding principles

Elon Musk's bid to control OpenAI complicates for-profit transition
Updated On : 12 Feb 2025 | 7:09 AM IST

US, UK refuse to sign AI summit communique calling for 'global governance'

In a speech before the communique was released, Vice President JD Vance argued strongly against the European Union's tough regulatory approach to social-media platforms and AI

US, UK refuse to sign AI summit communique calling for 'global governance'
Updated On : 11 Feb 2025 | 10:31 PM IST

Google, SoftBank back quantum computing startup QuEra in $230 million deal

QuEra Interim Chief Executive Officer Andy Ory said the latest funding round came together quickly - "in a matter of weeks" - after the startup cleared a series of technical challenges

Google, SoftBank back quantum computing startup QuEra in $230 million deal
Updated On : 11 Feb 2025 | 6:38 PM IST