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The 24 hours of rate cuts that end year of global central-bank easing

By Friday, 22 central banks accounting for two-fifths of the global economy will have set borrowing cost

The 24 hours of rate cuts that end year of global central-bank easing
Updated On : 15 Dec 2024 | 11:50 PM IST

How Mauritius is promoting top golf courses to attract high-end visitors

Tourism is Mauritius' main source of foreign currency. The sector was upended by Covid-19 lockdowns and travel bans, and visitor numbers are only expected to return to pre-pandemic levels this year

How Mauritius is promoting top golf courses to attract high-end visitors
Updated On : 15 Dec 2024 | 11:46 PM IST

UnitedHealth CEO murder suspect Mangione hires former top NY prosecutor

Friedman Agnifilo spent decades working in New York City's criminal justice system, serving as the top assistant for seven years to former Manhattan District Attorney Cyrus Vance

UnitedHealth CEO murder suspect Mangione hires former top NY prosecutor
Updated On : 14 Dec 2024 | 10:49 PM IST

Moody's Ratings cut France's credit grade, heaps pressure on new govt

In an unscheduled change, Moody's lowered its assessment of the euro area's second-biggest economy to Aa3 from Aa2, three levels below the maximum rating

Moody's Ratings cut France's credit grade, heaps pressure on new govt
Updated On : 14 Dec 2024 | 10:05 PM IST

OpenAI CEO, Perplexity donate $1 mn each to Trump's inaugural fund

President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead, Sam Altman said in a statement

OpenAI CEO, Perplexity donate $1 mn each to Trump's inaugural fund
Updated On : 14 Dec 2024 | 11:34 AM IST

Apple to further self-reliance by developing own bluetooth, wi-fi chips

Apple is one of Broadcom's biggest customers, accounting for roughly 20 per cent of revenue

Apple to further self-reliance by developing own bluetooth, wi-fi chips
Updated On : 13 Dec 2024 | 10:48 PM IST

Amazon donates $1 mn to Donald Trump's inaugural fund as Bezos plans visit

Amazon founder Jeff Bezos is also meeting with Trump next week, the president-elect said Thursday, highlighting his contacts with tech titans

Amazon donates $1 mn to Donald Trump's inaugural fund as Bezos plans visit
Updated On : 13 Dec 2024 | 8:39 AM IST

Formula 1 owner's $3.8 billion MotoGP deal faces full-scale EU probe

MotoGP is just the latest asset to be taken over by billionaire John Malone's sprawling Liberty Media empire that already includes a wide range of media, communications and entertainment businesses

Formula 1 owner's $3.8 billion MotoGP deal faces full-scale EU probe
Updated On : 12 Dec 2024 | 10:41 PM IST

SBI adds to record samurai loan boom with $197 million debt facility

Mitsubishi UFJ Financial Group Inc. is the lead bank of the deal, which will be raised in the Gujarat International Finance Tec-City

SBI adds to record samurai loan boom with $197 million debt facility
Updated On : 12 Dec 2024 | 2:20 PM IST

Meta donates $1 mn to Trump's inaugural fund to build positive relation

Meta owns Facebook and Instagram, platforms that Trump used heavily during his first term until his accounts were suspended following the Jan. 6, 2021 riot at the US Capitol

Meta donates $1 mn to Trump's inaugural fund to build positive relation
Updated On : 12 Dec 2024 | 12:03 PM IST

Nvidia steps up hiring in China to focus on research in AI-driven cars

The world's second most valuable company will end the year with about 4,000 people, up from just about 3,000 at the start of 2024

Nvidia steps up hiring in China to focus on research in AI-driven cars
Updated On : 12 Dec 2024 | 10:22 AM IST

Rebel Foods raises $210 million funding ahead of planned 2026 IPO

Rebel Foods was founded by McKinsey & Co. alumnus Jaydeep Barman with the goal of building a range of online-only brands

Rebel Foods raises $210 million funding ahead of planned 2026 IPO
Updated On : 12 Dec 2024 | 9:23 AM IST

Trump's national security pick vows return to maximum pressure on Iran

During his first term, Trump pulled the US out of an agreement that imposed limits on Iran's nuclear program

Trump's national security pick vows return to maximum pressure on Iran
Updated On : 12 Dec 2024 | 9:15 AM IST

$319 billion ESG bond market tumbles; bankers, investors left in lurch

Companies and government bodies have so far raised $37.6 billion via the instruments, known as SLBs, about 46 per cent lower than in all of 2023

$319 billion ESG bond market tumbles; bankers, investors left in lurch
Updated On : 11 Dec 2024 | 11:45 PM IST

OpenAI CFO thinks business users will pay thousands monthly for AI tools

In the future, however, Friar said OpenAI could charge customers based on the value they get from using the startup's products, particularly in the enterprise setting - whether it be lawyers who turn

OpenAI CFO thinks business users will pay thousands monthly for AI tools
Updated On : 11 Dec 2024 | 11:43 PM IST

GM to retreat from robotaxi operations once championed by CEO Mary Barra

While GM will still develop autonomous technology, it's a big retrench for the company

GM to retreat from robotaxi operations once championed by CEO Mary Barra
Updated On : 11 Dec 2024 | 11:34 PM IST

Elon Musk becomes first person to reach $400 billion in net worth

On Wednesday, SpaceX and its investors agreed to purchase $1.25 billion of shares from employees and other company insiders. The deal, which values the privately held space exploration firm at about

Elon Musk becomes first person to reach $400 billion in net worth
Updated On : 11 Dec 2024 | 11:26 PM IST

US core inflation stays firm with 4th straight 0.3% increase, fuels concern

The so-called core consumer price index - which excludes food and energy costs - increased 0.3% for a fourth straight month, Bureau of Labor Statistics figures showed Wednesday

US core inflation stays firm with 4th straight 0.3% increase, fuels concern
Updated On : 11 Dec 2024 | 11:23 PM IST

Amazon targets paid reviews on TikTok, YouTube, Instagram via shoppers

Before announcing the rule, the FTC notified 700 companies, including Amazon, Facebook and Google, about its plans to curb a scourge that has become more prevalent in recent years

Amazon targets paid reviews on TikTok, YouTube, Instagram via shoppers
Updated On : 11 Dec 2024 | 11:05 PM IST

Saudi Arabia officially announced as host for Fifa World Cup 2034

Saudi Arabia is eight years into a multi-trillion dollar transformation agenda aimed at freeing the economy from its reliance on petrodollars. The plan includes creating dozens of new industries

Saudi Arabia officially announced as host for Fifa World Cup 2034
Updated On : 11 Dec 2024 | 10:57 PM IST