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Fast-spreading mpox variant detected in Congo's densely populated capital

Co-circulation of clades Ia and Ib was reported for the first time in the central African city of more than 17 million people

Fast-spreading mpox variant detected in Congo's densely populated capital
Updated On : 06 Sep 2024 | 7:33 AM IST

Adani Group in talks with global banks to sell $1.5 billion of dollar bonds

Proceeds would be used to refinance project debt, according to people familiar with the plans, who requested anonymity to discuss private details

Adani Group in talks with global banks to sell $1.5 billion of dollar bonds
Updated On : 05 Sep 2024 | 11:00 PM IST

Sanlam eyes India wealth management after BlackRock, Jio join contest

Insurer plans to build out its partnership with Shriram Capital Group in India by adding an equal joint venture covering wealth and advice services, doubling down on an initial 2005 investment

Sanlam eyes India wealth management after BlackRock, Jio join contest
Updated On : 05 Sep 2024 | 8:21 PM IST

Ambani, Adani wooing mom-and-pop investors into financial markets

Adani Enterprises, is for the first time marketing bonds to mom and pop investors. The following day, Ambani-led Reliance's board approved giving shareholders an extra share for every one they hold

Ambani, Adani wooing mom-and-pop investors into financial markets
Updated On : 05 Sep 2024 | 7:29 PM IST

Why public EV chargers are almost never working as fast as promised

The chemical wizardry of battery power is more complex than pouring liquid in a tank, and both internal and external factors take a toll on charging speed

Why public EV chargers are almost never working as fast as promised
Updated On : 05 Sep 2024 | 6:25 PM IST

India's power emissions must peak by 2026 to align with Paris pact

The world's third-biggest emitter needs $12.4 trillion in investment to reach net zero ahead of its official target of 2070, BNEF said in its New Energy Outlook for India

India's power emissions must peak by 2026 to align with Paris pact
Updated On : 05 Sep 2024 | 2:51 PM IST

Germany's image as auto superpower hit by Volkswagen's slow decline

Germany is confronting the most symbolic moment yet in its story of industrial decline as its biggest manufacturer is poised to cross the Rubicon of factory closures

Germany's image as auto superpower hit by Volkswagen's slow decline
Updated On : 05 Sep 2024 | 10:24 AM IST

India inks chip deal with Singapore as PM Modi pushes tech ambition

The nations will also work more closely together in cybersecurity, fifth-generation mobile networks, super-computing and artificial intelligence

India inks chip deal with Singapore as PM Modi pushes tech ambition
Updated On : 05 Sep 2024 | 10:05 AM IST

ADIA-backed NIIF to seek $4 bn for infrastructure in largest-ever fundraise

The National Investment & Infrastructure Fund, backed by the Indian government and several global investors, is looking to raise money early next year

ADIA-backed NIIF to seek $4 bn for infrastructure in largest-ever fundraise
Updated On : 05 Sep 2024 | 10:00 AM IST

Brazil blocking Elon Musk's X costs millions of users, little in sales

While sales from Brazil would likely represent a small piece of X's overall business, any revenue is important for the company, which is still fighting to win back advertisers

Brazil blocking Elon Musk's X costs millions of users, little in sales
Updated On : 05 Sep 2024 | 8:52 AM IST

Brazil vs Elon Musk: SpaceX warns employees not to travel to the country

It's standard for companies to review their security protocols and caution employees from traveling to certain areas depending on changing dynamics with customers and foreign governments

Brazil vs Elon Musk: SpaceX warns employees not to travel to the country
Updated On : 05 Sep 2024 | 8:47 AM IST

Japan's new norm of working into your 70s may spread to rest of world soon

To coax companies to keep elderly people employed, the government is already providing subsidies to firms employing those aged 65 and older

Japan's new norm of working into your 70s may spread to rest of world soon
Updated On : 05 Sep 2024 | 8:39 AM IST

AI startup You.com gets backing from Nvidia, DuckDuckGo Back, raises $50 mn

You.com claims millions of daily users, including at organizations like Salesforce, Stanford University and the startup Hugging Face

AI startup You.com gets backing from Nvidia, DuckDuckGo Back, raises $50 mn
Updated On : 04 Sep 2024 | 11:43 PM IST

Wall Street T+1 switch is causing more pain than we thought: Citigroup

The T+1 shift was a global event for the financial industry because it affected every institution and investor with cash in the US capital markets

Wall Street T+1 switch is causing more pain than we thought: Citigroup
Updated On : 04 Sep 2024 | 11:34 PM IST

Ukraine officials expecting IMF's pressure to devalue currency, cut rates

The result of the review could unlock a $1.1 billion disbursement to Ukraine if the fund's staff determines Ukraine is hitting program targets

Ukraine officials expecting IMF's pressure to devalue currency, cut rates
Updated On : 04 Sep 2024 | 11:19 PM IST

Retail firms are focused on shoppers spending, tariffs: Goldman Sachs

Consumers continue to be "somewhat steady," but they are spending selectively after years of inflation, McShane added.

Retail firms are focused on shoppers spending, tariffs: Goldman Sachs
Updated On : 04 Sep 2024 | 11:15 PM IST

Adani Enterprises kicks off its maiden bond sale aimed at individuals

The flagship firm of Indian billionaire Gautam Adani's group plans to raise as much as Rs 800 crore ($95.3 million) through the issuance

Adani Enterprises kicks off its maiden bond sale aimed at individuals
Updated On : 04 Sep 2024 | 10:49 PM IST

Indian luxury homebuilder Rustomjee to expand into data centres on AI boom

India's data center capacity has nearly doubled since 2019, drawing interest from a wide range of investors, according to a report from Avendus Capital

Indian luxury homebuilder Rustomjee to expand into data centres on AI boom
Updated On : 04 Sep 2024 | 1:36 PM IST

A 'unified lending interface' carries great potential, but is also risky

India's model for financial interconnectedness is based around what it calls digital public infrastructure

A 'unified lending interface' carries great potential, but is also risky
Updated On : 04 Sep 2024 | 9:12 AM IST

Donald Trump loses bid to move New York hush money case to federal court

The 78-year-old billionaire faces as long as four years behind bars in the hush money case, though a far shorter sentence or even probation is also possible

Donald Trump loses bid to move New York hush money case to federal court
Updated On : 04 Sep 2024 | 8:25 AM IST