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FAA may expand Boeing probe beyond Max 9 if problems found, says official

For now, the agency is focused on the mid-cabin door plugs on Max 9 aircraft like the one that blew off an Alaska Airlines flight shortly after takeoff on Jan. 5, according to FAA Administrator

FAA may expand Boeing probe beyond Max 9 if problems found, says official
Updated On : 25 Jan 2024 | 12:04 AM IST

Microsoft hits $3 trillion market value, cementing strength of AI rally

The stock rose as much as 1.3% to $403.95, resulting in a market capitalization of $3 trillion. The threshold cements Microsoft's status as one of the largest public stocks

Microsoft hits $3 trillion market value, cementing strength of AI rally
Updated On : 24 Jan 2024 | 9:35 PM IST

France, India to discuss accord on nuclear reactors to limit coal reliance

India, the world's third-biggest carbon dioxide emitter, is seeking to rapidly expand its use of nuclear power over the next decade as it aims to both decarbonize and meet rising energy demand

France, India to discuss accord on nuclear reactors to limit coal reliance
Updated On : 24 Jan 2024 | 5:53 PM IST

Sony vows growing India media presence despite aborted merger in letter

"Let's turn our attention back to the heart of our work - our current projects, our fantastic team, and the audiences who count on us," Singh said,

Sony vows growing India media presence despite aborted merger in letter
Updated On : 24 Jan 2024 | 2:44 PM IST

Global funds sell most of Indian stocks since 2022 post-record rally

Global funds sold $2.4 billion of Indian shares on a net basis last week, the most since June 2022

Global funds sell most of Indian stocks since 2022 post-record rally
Updated On : 24 Jan 2024 | 1:37 PM IST

Indian bonds set for new era with $100 billion inflows likely: HSBC AM

India's trillion-dollar sovereign bond market is gearing up for a rush of foreign money in the run-up to inclusion in JPMorgan Chase & Co.'s emerging markets bond index in June

Indian bonds set for new era with $100 billion inflows likely: HSBC AM
Updated On : 24 Jan 2024 | 11:58 AM IST

Survival of family firms under threat amid shortage of capable heirs

Even if family companies grow to be behemoths like Succession's Waystar RoyCo, family companies are inherently fragile organisations

Survival of family firms under threat amid shortage of capable heirs
Updated On : 24 Jan 2024 | 11:45 AM IST

SAP unveils restructuring plan to trim costs, move to affect 8,000 jobs

Separately, SAP reported a 5 per cent gain in fourth-quarter non-IFRS revenue to €8.47 billion ($9.2 billion)

SAP unveils restructuring plan to trim costs, move to affect 8,000 jobs
Updated On : 24 Jan 2024 | 10:47 AM IST

BlackRock, Neuberger bought Adani bonds post Hindenburg bombshell

Although the figures don't capture all bondholders, they provide a window into investor activity as the securities sold off and later recouped many of their losses

BlackRock, Neuberger bought Adani bonds post Hindenburg bombshell
Updated On : 24 Jan 2024 | 10:07 AM IST

Here's how Yemen's Houthi attacks are hurting the global supply chain

Repeated rounds of retaliatory strikes by the US and its allies, as well as a multinational naval operation to patrol the waters, haven't stopped the assaults by the Houthi militants

Here's how Yemen's Houthi attacks are hurting the global supply chain
Updated On : 24 Jan 2024 | 9:50 AM IST

eBay plans to cut 1,000 jobs, reduce contractors to sharpen focus

The e-commerce company said it needs to be "more nimble" in the face of a "challenging" economic environment

eBay plans to cut 1,000 jobs, reduce contractors to sharpen focus
Updated On : 24 Jan 2024 | 8:06 AM IST

Netflix gained 13 mn customers in 2023, posts best surge since pandemic

Shares of Netflix climbed as much as 8.9 per cent to $535.91 in extended trading after the earnings announcement

Netflix gained 13 mn customers in 2023, posts best surge since pandemic
Updated On : 24 Jan 2024 | 7:35 AM IST

Deepfake audio of Biden alarms experts in lead-up to US elections

Meanwhile, deepfake detection tools are still in their infancy and remain inconclusive

Deepfake audio of Biden alarms experts in lead-up to US elections
Updated On : 24 Jan 2024 | 12:00 AM IST

Chinese lawmakers weigh stock market rescue package backed by $278 billion

Policymakers are seeking to mobilize about 2 trillion yuan ($278 billion), mainly from the offshore accounts of Chinese state-owned enterprises

Chinese lawmakers weigh stock market rescue package backed by $278 billion
Updated On : 23 Jan 2024 | 10:51 PM IST

India to ask European Union for measures to align emission trading systems

India's government has several proposals it will raise with the EU, according to the people

India to ask European Union for measures to align emission trading systems
Updated On : 23 Jan 2024 | 10:45 PM IST

In a first, India overtakes Hong Kong as world's fourth-largest stock mkt

The combined value of shares listed on Indian exchanges reached $4.33 trillion as of Monday's close, versus $4.29 trillion for Hong Kong, according to data compiled by Bloomberg

In a first, India overtakes Hong Kong as world's fourth-largest stock mkt
Updated On : 23 Jan 2024 | 10:36 PM IST

Alibaba Group gains as Jack Ma, Tsai reportedly buy $200 million in stock

Ma and Alibaba Chairman Joe Tsai have both being buying up shares in recent months as the stock plunged, the newspaper reported Tuesday, citing unidentified people familiar with the matter

Alibaba Group gains as Jack Ma, Tsai reportedly buy $200 million in stock
Updated On : 23 Jan 2024 | 9:34 PM IST

Uncomfortable reality of global air travel as airlines race to decarbonize

The five airlines in the world that emit the fewest pollutants per passenger are all low-cost carriers, according to data from carbon-reduction advisory firm Envest Global

Uncomfortable reality of global air travel as airlines race to decarbonize
Updated On : 23 Jan 2024 | 9:04 PM IST

Microsoft Corp's Bing, Edge to avoid EU's digital dominance crackdown

European Commission officials are leaning toward the reprieve for the US software giant as part of a five-month market investigation ending in February

Microsoft Corp's Bing, Edge to avoid EU's digital dominance crackdown
Updated On : 23 Jan 2024 | 8:05 PM IST

Edtech major Byju's to slash $22 bn valuation by 90% to raise fresh funds

The company is focusing on rebuilding its core business and will double down on recent attempts to jump on to the next big bandwagon in education

Edtech major Byju's to slash $22 bn valuation by 90% to raise fresh funds
Updated On : 23 Jan 2024 | 3:24 PM IST