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Law firms across globe rush to cash in on $150 bn West Asia deal boom

The $150 billion of deals involving Gulf firms in 2024 marks a 62 per cent increase from the same period last year, according to data compiled by Bloomberg

Sebi plans to introduce rules to streamline algo-trading for amateurs

Under the proposal, stock brokers can offer such a facility to retail investors only after getting each program approved by the stock exchanges

Blackstone emerges as top bidder for minority stake in Haldiram Snacks deal

Considerations are ongoing and no final decisions have been made, the people said. Representatives for Blackstone, GIC, Haldiram and ADIA declined to comment

LG mulls raising India unit valuation to $15 bn from $13 bn ahead of IPO

The company is planning to start a formal roadshow for LG Electronics India Pvt's IPO within the next two months and is targeting a listing in the first half of 2025

Chip industry needs way more women to drive growth and innovation

It's not unusual for the semiconductor industry, and tech sector in general, to feel like a man's world

US' overreach, not Brics, poses the real threat to dollar dominance

If Trump wants to maintain the dollar's primacy, he should recognise that its value is not dependent on American power and threats, but on American reliability

UK-India business boosted by prospect of free trade agreement, says HSBC

In the nine months to October, HSBC's UK unit received 36 per cent more business client referrals from its arm in India

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

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

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

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

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

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

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

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

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

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

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

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

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