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Meta Platforms, Microsoft show AI spending can be double-edged sword

Top performer among the Magnificent Seven this month, Meta shares are up 14% in 2025, building on last year's rally of more than 65%. Microsoft has risen 2.8% this year, and only rose 12% over 2024

Meta Platforms, Microsoft show AI spending can be double-edged sword
Updated On : 28 Jan 2025 | 8:51 PM IST

Boeing CEO Ortberg signals portfolio review following $14 bn cash drain

The company has made progress in its turnaround, adjusting its factories and supplier base for higher production levels going forward, and addressing money-losing defense programs, Ortberg said

Boeing CEO Ortberg signals portfolio review following $14 bn cash drain
Updated On : 28 Jan 2025 | 8:07 PM IST

Tata's Jaguar Land Rover plans to raise $500 million through offshore loan

Proceeds raised will partially refinance an existing $800 million loan maturing in January

Tata's Jaguar Land Rover plans to raise $500 million through offshore loan
Updated On : 28 Jan 2025 | 6:48 PM IST

World Bank's Banga seeks $85 billion to leverage Africa's youth potential

Banga laid out a plan in which the World Bank, International Monetary Fund, African Development Bank and private investors may spend about $85 billion to bring power to 300 million people by 2030

World Bank's Banga seeks $85 billion to leverage Africa's youth potential
Updated On : 28 Jan 2025 | 6:38 PM IST

Smallcap gauge heads for bear market as stock selloff intensifies

The NSE Nifty Smallcap 250 Index was on course to enter a bear market after losing about 3.5 per cent early in Tuesday's session after a similar drop the previous day

Smallcap gauge heads for bear market as stock selloff intensifies
Updated On : 28 Jan 2025 | 2:09 PM IST

Honda Motor sets its sights on 50% share of world's motorcycle market

Honda's global motorcycle sales are forecast to reach 20.2 million for the fiscal year ending this March, the Japanese company said during a briefing Tuesday

Honda Motor sets its sights on 50% share of world's motorcycle market
Updated On : 28 Jan 2025 | 11:04 AM IST

Here's why South Korea's growth is a casualty of its political impasse

Politics is getting in the way, a reminder that big economies don't just run themselves

Here's why South Korea's growth is a casualty of its political impasse
Updated On : 28 Jan 2025 | 9:54 AM IST

Ares looks to boost private credit presence in record Indian market

The alternative asset manager has deployed $4.5 billion to Indian companies as of the end of September, roughly half the firm's investment in Asia over the past five years

Ares looks to boost private credit presence in record Indian market
Updated On : 28 Jan 2025 | 9:45 AM IST

Indian bonds poised to rally further on account of borrowing cut bets

The 10-year yield is expected to drop to 6.50 per cent by the end of the year, as per the Bloomberg poll, suggesting over 17 basis points easing from the current levels

Indian bonds poised to rally further on account of borrowing cut bets
Updated On : 28 Jan 2025 | 9:32 AM IST

World's richest people lose $108 bn after tech startup DeepSeek selloff

Billionaires whose fortunes are linked to artificial intelligence were the biggest losers: Huang saw his fortune fall $20.1 billion, a 20 per cent drop

World's richest people lose $108 bn after tech startup DeepSeek selloff
Updated On : 28 Jan 2025 | 9:00 AM IST

President Trump calls for 'Iron Dome' for US homeland missile defence

It says Trump will order the construction of an "Iron Dome" shield, comparing it to Israel's vaunted system, which was developed in coordination with the US

President Trump calls for 'Iron Dome' for US homeland missile defence
Updated On : 28 Jan 2025 | 8:54 AM IST

Trump tells House Republicans he wants border wall, immigration funds

Trump also indicated that he was pursuing the ability to deport undocumented migrants, even if they couldn't be returned to their home countries

Trump tells House Republicans he wants border wall, immigration funds
Updated On : 28 Jan 2025 | 8:47 AM IST

Trump pledges tariffs 'much bigger' than 2.5% and on crucial sectors

Remember, again, the word 'tariff.' We're going to protect our people and our businesses, and we're going to protect our country, with tariffs, Trump added

Trump pledges tariffs 'much bigger' than 2.5% and on crucial sectors
Updated On : 28 Jan 2025 | 8:35 AM IST

DeepSeek limits signups for AI chatbot amid malicious attack claims

The Chinese startup claims that its system had been targeted with large-scale malicious attacks. The startup's status page also shows problems with its API earlier in the day and on Sunday

DeepSeek limits signups for AI chatbot amid malicious attack claims
Updated On : 27 Jan 2025 | 10:37 PM IST

Bain Capital backed 360 One WAM to acquire B-K Securities for $205 million

The number of individuals with more than $30 million of assets is expected to grow by 50% between 2023 and 2028, according to a Knight Frank wealth report

Bain Capital backed 360 One WAM to acquire B-K Securities for $205 million
Updated On : 27 Jan 2025 | 9:48 PM IST

Nvidia's $465 bn plunge triggered by DeepSeek, largest in market history

The S&P 500 fell as much as 2.3 per cent early Monday and the Nasdaq 100 tumbled as much as 3.6 per cent before paring the drop

Nvidia's $465 bn plunge triggered by DeepSeek, largest in market history
Updated On : 27 Jan 2025 | 9:38 PM IST

JPMorgan names Nitin Maheshwari, Ravi Shankar as co-heads of India bank

Newly-appointed co-heads of investment banking for India will report to Paul Uren, head of investment banking for Asia Pacific, and to Kaustubh Kulkarni, senior country officer for JPMorgan in India

JPMorgan names Nitin Maheshwari, Ravi Shankar as co-heads of India bank
Updated On : 27 Jan 2025 | 2:22 PM IST

Now hiring: Musk's govt efficiency dept sets up site to recruit full-time

The site appeared to go live on Sunday afternoon, days after President Donald Trump took office and signed an executive order officially creating the organisation

Now hiring: Musk's govt efficiency dept sets up site to recruit full-time
Updated On : 27 Jan 2025 | 11:06 AM IST

New wealth in making: Trump's billionaires take the great leap forward

Trump said Saudi Arabia's Crown Prince Mohammed Bin Salman can "round out" the $600 billion he had promised in additional investments and trade with the US in the coming four years to- $1 trillion

New wealth in making: Trump's billionaires take the great leap forward
Updated On : 27 Jan 2025 | 9:27 AM IST

Ice-sheets to fresh water: Greenland's icebergs can't quench Earth's thirst

Polar Research and Policy Initiative said that US might have a future as an exporter of fresh water, thanks to an ice sheet that contains about 8 per cent of the total global reserves

Ice-sheets to fresh water: Greenland's icebergs can't quench Earth's thirst
Updated On : 27 Jan 2025 | 9:17 AM IST