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Meta begins 8,000 global job cuts in Asian hub of Singapore amid AI push

This latest round of cuts is expected to hit Meta's engineering and product teams in particular and additional layoffs could come later in the year

Meta begins 8,000 global job cuts in Asian hub of Singapore amid AI push
Updated On : 20 May 2026 | 10:47 PM IST

Republican-led US Senate signals rising opposition to Trump's war in Iran

The 50-47 vote is a clear warning of eroding support for military action as Trump contemplates launching a new assault on Iran

Republican-led US Senate signals rising opposition to Trump's war in Iran
Updated On : 20 May 2026 | 7:42 AM IST

High power costs put cooling out of reach in India's parched heart

Rising electricity costs is worsening heat stress for low-income households

High power costs put cooling out of reach in India's parched heart
Updated On : 20 May 2026 | 7:38 AM IST

Govt weighs $1 bn aid for private electric buses, trucks amid energy crisis

Centre is accelerating efforts to cut fossil-fuel dependence after supply disruptions linked to the West Asia crisis

Govt weighs $1 bn aid for private electric buses, trucks amid energy crisis
Updated On : 20 May 2026 | 7:23 AM IST

Airlines urge OMCs to delay ATF rate hikes amid West Asia conflict

Indian airlines urge oil refiners to delay ATF price hikes for domestic flights amid rising losses triggered by the West Asia conflict

Airlines urge OMCs to delay ATF rate hikes amid West Asia conflict
Updated On : 19 May 2026 | 10:30 PM IST

Schools, farms, bars, cafes would shut: Spain defends pro-migrant policies

The opposition parties seeking to shut down Madrid's pro-migrant policies are jeopardizing key pillars of Spanish life, the Socialist-led government says

Schools, farms, bars, cafes would shut: Spain defends pro-migrant policies
Updated On : 19 May 2026 | 9:11 AM IST

Philippines to be involved in any Taiwan conflict due to proximity: Marcos

Philippines, which has a territorial dispute with Beijing over the South China Sea, is increasing its engagement with China to help maintain peace, Marcos said

Philippines to be involved in any Taiwan conflict due to proximity: Marcos
Updated On : 19 May 2026 | 8:29 AM IST

Reliance turns to CATL as Chinese tech curbs hit battery ambitions

Reliance is in talks with CATL and other Chinese suppliers for battery components as Beijing's tightening tech curbs reshape its clean energy ambitions

Reliance turns to CATL as Chinese tech curbs hit battery ambitions
Updated On : 19 May 2026 | 8:10 AM IST

Trump admin targets Cuba's leaders, generals and spies with new sanctions

The punitive action is part of the president and Secretary of State Marco Rubio's push to squeeze the island's economy, most notably through a de facto energy blockade

Trump admin targets Cuba's leaders, generals and spies with new sanctions
Updated On : 19 May 2026 | 7:52 AM IST

StanChart planning to lay off thousands of support staff amid AI push

London-headquartered bank said it would cut corporate functions roles by more than 15 per cent by 2030 and scale practical uses of AI to streamline processes

StanChart planning to lay off thousands of support staff amid AI push
Updated On : 19 May 2026 | 7:50 AM IST

Kalshi, Polymarket continue India operations despite betting platform ban

Kalshi's legal counsel, Valeria Vouterakou, said the company has been in communication with the Indian government and has not been told to shut down

Kalshi, Polymarket continue India operations despite betting platform ban
Updated On : 18 May 2026 | 11:25 PM IST

Elon Musk says he will not sell SpaceX stake ahead of planned IPO launch

SpaceX could file publicly for a record-breaking IPO next week at a valuation exceeding $2 trillion

Elon Musk says he will not sell SpaceX stake ahead of planned IPO launch
Updated On : 18 May 2026 | 11:11 PM IST

China's economic slowdown revives calls for stronger stimulus measures

Weak retail sales, industrial output and investment data raise pressure on Beijing to step up policy support amid global energy turmoil

China's economic slowdown revives calls for stronger stimulus measures
Updated On : 18 May 2026 | 11:09 PM IST

Centre weighing import duty hike for edible oil to support farmers

The deliberations come as the government steps up efforts to curb foreign-exchange outflows, which have put pressure on the rupee - Asia's worst-performing currency this year

Centre weighing import duty hike for edible oil to support farmers
Updated On : 18 May 2026 | 9:12 PM IST

India can ride out crude supply disruption after Russian oil waiver ends

In May, flows are expected to come in at close to 1.9 million barrels a day, close to peak levels - though that still includes a period under the US permit that was allowed to expire over the weekend

India can ride out crude supply disruption after Russian oil waiver ends
Updated On : 18 May 2026 | 2:09 PM IST

NTPC backs domestic nuclear tech, warns against supply chain dependence

Most of India's existing fleet uses locally designed reactors, while the 2-gigawatt Kudankulam plant in the country's south that's powered by Russian reactors, is the only one using foreign technology

NTPC backs domestic nuclear tech, warns against supply chain dependence
Updated On : 18 May 2026 | 1:57 PM IST

Trump filing reveals investments in sushi chain, Nvidia, Apple and Amazon

The filing shows that he or his investment advisers made more than 3,700 trades in the first quarter, reigniting conflict-of-interest concerns around the Trump administration

Trump filing reveals investments in sushi chain, Nvidia, Apple and Amazon
Updated On : 18 May 2026 | 12:19 PM IST

Bitcoin falls below $77k to two-week low as liquidations top half a billion

Bitcoin's price slumped as cryptocurrencies across the board saw nearly $500 million in liquidations of bullish bets within 15 minutes during early Asia trading on Monday

Bitcoin falls below $77k to two-week low as liquidations top half a billion
Updated On : 18 May 2026 | 12:09 PM IST

Russia expands LNG dark fleet with four tankers to ramp up Arctic exports

The developments mean that there are now at least 20 tankers being used to ferry LNG from sanctioned Russian projects

Russia expands LNG dark fleet with four tankers to ramp up Arctic exports
Updated On : 18 May 2026 | 10:03 AM IST

Rare Ebola's silent spread in Congo exposes gaps in surveillance system

About 350 suspected cases and 91 deaths have been reported in northeastern Congo, the country's health minister Roger Kamba said on Sunday

Rare Ebola's silent spread in Congo exposes gaps in surveillance system
Updated On : 18 May 2026 | 8:33 AM IST