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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

Rebel Foods raises $210 million funding ahead of planned 2026 IPO
Updated On : 12 Dec 2024 | 9:23 AM IST

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

Trump's national security pick vows return to maximum pressure on Iran
Updated On : 12 Dec 2024 | 9:15 AM IST

$319 billion ESG bond market tumbles; bankers, investors left in lurch

Companies and government bodies have so far raised $37.6 billion via the instruments, known as SLBs, about 46 per cent lower than in all of 2023

$319 billion ESG bond market tumbles; bankers, investors left in lurch
Updated On : 11 Dec 2024 | 11:45 PM IST

OpenAI CFO thinks business users will pay thousands monthly for AI tools

In the future, however, Friar said OpenAI could charge customers based on the value they get from using the startup's products, particularly in the enterprise setting - whether it be lawyers who turn

OpenAI CFO thinks business users will pay thousands monthly for AI tools
Updated On : 11 Dec 2024 | 11:43 PM IST

GM to retreat from robotaxi operations once championed by CEO Mary Barra

While GM will still develop autonomous technology, it's a big retrench for the company

GM to retreat from robotaxi operations once championed by CEO Mary Barra
Updated On : 11 Dec 2024 | 11:34 PM IST

Elon Musk becomes first person to reach $400 billion in net worth

On Wednesday, SpaceX and its investors agreed to purchase $1.25 billion of shares from employees and other company insiders. The deal, which values the privately held space exploration firm at about

Elon Musk becomes first person to reach $400 billion in net worth
Updated On : 11 Dec 2024 | 11:26 PM IST

US core inflation stays firm with 4th straight 0.3% increase, fuels concern

The so-called core consumer price index - which excludes food and energy costs - increased 0.3% for a fourth straight month, Bureau of Labor Statistics figures showed Wednesday

US core inflation stays firm with 4th straight 0.3% increase, fuels concern
Updated On : 11 Dec 2024 | 11:23 PM IST

Amazon targets paid reviews on TikTok, YouTube, Instagram via shoppers

Before announcing the rule, the FTC notified 700 companies, including Amazon, Facebook and Google, about its plans to curb a scourge that has become more prevalent in recent years

Amazon targets paid reviews on TikTok, YouTube, Instagram via shoppers
Updated On : 11 Dec 2024 | 11:05 PM IST

Saudi Arabia officially announced as host for Fifa World Cup 2034

Saudi Arabia is eight years into a multi-trillion dollar transformation agenda aimed at freeing the economy from its reliance on petrodollars. The plan includes creating dozens of new industries

Saudi Arabia officially announced as host for Fifa World Cup 2034
Updated On : 11 Dec 2024 | 10:57 PM IST

ReNew Energy plans buyback to delist from Nasdaq at 11.5% premium

The company's shares have consistently traded well below a peak of about $12 in February 2021. A buyback of cheap shares could represent an opportunity as the Indian market is set to grow

ReNew Energy plans buyback to delist from Nasdaq at 11.5% premium
Updated On : 11 Dec 2024 | 7:32 PM IST

Iran's increasingly vulnerable leadership takes a hit after Assad's fall

The theocracy already faces major levels of internal dissent and economic pain

Iran's increasingly vulnerable leadership takes a hit after Assad's fall
Updated On : 11 Dec 2024 | 11:15 AM IST

China to restrict visas to US officials for threatening Hong Kong curbs

The curbs were in retaliation for Washington's previous vow to restrict the visas of unnamed Hong Kong officials for carrying out a national security crackdown that silenced dissent

China to restrict visas to US officials for threatening Hong Kong curbs
Updated On : 11 Dec 2024 | 10:45 AM IST

Xi readies bargaining chips for US trade war after Biden announces curbs

If Trump were to impose tariffs again, China could once more respond in kind, hitting US exports of machinery or agricultural exports of soybeans, corn, pork again

Xi readies bargaining chips for US trade war after Biden announces curbs
Updated On : 11 Dec 2024 | 9:10 AM IST

Here's how India is sacrificing its growth and why it needs to stop

In the absence of meaningful private investment and job creation, India is slipping back into its pre-Covid-19 rut, and its economic czars are once again publicly refusing to acknowledge the slowdown

Here's how India is sacrificing its growth and why it needs to stop
Updated On : 11 Dec 2024 | 8:34 AM IST

New RBI governor Sanjay Malhotra warned of killing 'golden goose'

As the head of India's central bank, Malhotra inherits the management of an economy beset with the dual challenge of rising prices and slowing growth

New RBI governor Sanjay Malhotra warned of killing 'golden goose'
Updated On : 11 Dec 2024 | 8:04 AM IST

Adobe's AI video rollout lags behind while OpenAI launches rival Sora

Two months after Adobe announced a browser-based tool that could generate videos from prompts or images using generative artificial intelligence, the product remains in limited testing

Adobe's AI video rollout lags behind while OpenAI launches rival Sora
Updated On : 11 Dec 2024 | 7:56 AM IST

TikTok offers to pay its users to shop if they boost app downloads

Users can earn $50 for recruiting first-timers to sign up for TikTok and unlock an additional $350 in bonuses if they bring in more

TikTok offers to pay its users to shop if they boost app downloads
Updated On : 11 Dec 2024 | 7:47 AM IST

President-elect Trump promises fast permits for those investing $1 bn in US

Trump's pledge, though, is in line with his vows to help bolster energy, infrastructure and other domestic investments in his second term and roll back federal regulations

President-elect Trump promises fast permits for those investing $1 bn in US
Updated On : 11 Dec 2024 | 7:35 AM IST

Apple's next ultra smartwatch will be able to send texts via satellite

The technology will let smartwatch users send off-the-grid text messages via Globalstar Inc.'s fleet of satellites when they don't have a cellular or Wi-Fi connection

Apple's next ultra smartwatch will be able to send texts via satellite
Updated On : 11 Dec 2024 | 7:22 AM IST

Abu Dhabi's $1 trn sovereign investor seeks innovation in private credit

The new fund launches followed a surprise filing from Apollo Global Management Inc. and State Street Corp. in September for an ETF that will include private credit investments

Abu Dhabi's $1 trn sovereign investor seeks innovation in private credit
Updated On : 10 Dec 2024 | 5:22 PM IST