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TSMC, Foxconn are two companies that will guide global supply chains

Their size, technical dominance and global influence make these two Taiwanese companies irreplaceable - no other single business could jump in to fill the gap should either disappear overnight

10.5 mn flights scheduled to crisscross skies, jets burn fuel like its 2019

The International Air Transport Association is anticipating record passenger numbers this year, and planes that will be about as full as they were before the virus using record amounts of fuel

Cheaper rupee boosting its lure as carry trade, says Bank of America

The rupee has become one of the least volatile currencies in emerging markets, aided by a long interest-rate pause by the Reserve Bank of India and record foreign exchange reserves

Here's why India should look back 300 years to learn a lesson in AI

This is just the beginning. As generative AI morphs into artificial general intelligence - machines rivaling human cognitive abilities - even highly complex tasks may not require expert programmers

Major fights, issues in the ongoing European Parliament election

Despite a series of recent setbacks, far-right parties are aiming for electoral gains that could bring migration to the top of the political agenda and complicate progress on the EU's climate goals

Norway sovereign fund opposes Elon Musk's $56 bn Tesla pay package

The vote at next week's AGM will be the second time Musk's pay package has been put before shareholders. A judge voided an initial vote that approved the package in 2018

Coal dependency, climate dilemma to hang over PM Modi in his third term

PM Modi will need to balance green ambitions against a need to sustain growth and satisfy rapidly accelerating electricity demand, leaning on a fraying power system still heavily dependent on coal

PM Modi to take oath today for third consecutive term post election setback

Key questions still hang over the new government, including who will be named to major posts in the cabinet

In first in 3 months, Fed dot plot set to offer glimpse of rate-cut resolve

A 41 per cent plurality of economists expect the US Fed to signal two cuts in the closely watched dot plot, while an equal number expect the forecasts to show just one or no cuts at all

Vladimir Putin running out of time to achieve breakthrough in Ukraine

Putin insists his war goals are unchanged and that Russia will fight for as long as needed to win in Ukraine, regardless of mounting casualties in a war that's in its third year with no end in sight

As Nvidia hits $3 trn, Jensen Huang's wealth surpasses Michael Dell's

Dell, 59, with a net worth of $105.9 billion, has been a computer hardware-industry outlier among the tech super-rich, who often owe their wealth to software companies

India-Pakistan World Cup clash could fetch $4,800 a second in ad spend

Multinationals like Emirates Group, Saudi Aramco, and Coca-Cola are among the firms sponsoring the month-long tournament

Ultra-rich families fuel $20 billion surge in private equity buyouts

Wealthy clans that built their fortunes in industries from children's toys to household boilers have been co-investors on nearly $20 billion of listed company takeovers this year

Crude oil pares weekly loss as Opec+ says it can cancel supply hike

Brent crude futures were trading near $80 a barrel, rebounding from the four-month low struck on Monday after Saudi Arabia and its partners outlined planes to gradually resume production

Lok Sabha polls 2024: Wildly inaccurate exit polls invite calls for probe

Prior to the exit polls, Modi and Home Minister Amit Shah had predicted rallies in the stock market, with the prime minister saying it would hit record highs on the day of election results

Apple to launch Passwords app in challenge to 1Password, LastPass

The company is planning the new app as part of iOS 18, iPadOS 18 and macOS 15, the next major versions of its iPhone, iPad and Mac operating systems

Traders left stunned by surprise election results from India to Mexico

In India, exit polls drastically overestimated the size of victory for Modi's Bharatiya Janata Party

Tesla investor sues to challenge proxy on Texas move, Musk's pay package

Donald Ball, who owns more than 28,000 Tesla shares, argues the company is violating its corporate charter

UK polls: Britain's rich race to save their wealth from election hit

The UK was expected to lose a net 3,200 high-net-worth individuals last year, the most in Europe and double 2022's level, citizenship advisory firm Henley & Partners estimated

Paytm's UPI market share continues to slide down after RBI crackdown

Paytm accounted for 8.1% of total UPI transactions in May, down from 13% in January, according to data released by the National Payments Corporation of India