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Google to make fresh investment over $1 billion in OpenAI rival Anthropic

Anthropic, a major competitor of OpenAI in the AI foundation model space, declined to comment

Carbon markets investor kicks off $1.5 bn Amazon protection plan in Davos

The initiative is the first major campaign by Silvania, a $500 million nature and biodiversity investment vehicle, working with Conservation International and The Nature Conservancy

Taiwan activates backup comm for Matsu Islands after undersea cable glitch

Back-up communications including microwave communications have been activated, they said, which could allow internet services to partially resume in the islands

Morgan Stanley's bonus payouts for star Asia bankers to jump by up to 50%

The jump in the bonus payouts in the region will come after the Wall Street firm saw its new CEO Ted Pick wrap up a strong first year

TikTok owner ByteDance plans to spend $12 billion on AI chips in 2025

This move comes as the Chinese company faces pressure from Washington to sell its popular video-sharing app in the United States

Netflix shares soar on price hikes and record 18.9 mn subscriber addition

The company added 18.9 million subscribers in its fourth quarter to bring its total global subscriber base to nearly 302 million customers

TikTok users anxiously await its return to US app stores, some abandon app

TikTok resumed service after Trump's assurances that the company and its partners would not face hefty fines to keep the app running, but it was yet to return to app stores

Donald Trump's murky tariff policy sets the stage for market volatility

Trump enters office with an ambitious agenda spanning trade, immigration, tax cuts and deregulation which has the potential to boost US corporate profits

Oil falls as Trump's energy emergency order fuels oversupply concerns

oil market is expected to be oversupplied this year, after weak economic activity and energy transition efforts weighed heavily on demand in top-consuming nations the United States and China

Bitcoin edges higher as investors shake off initial Trump disappointment

Trump's own $TRUMP-branded "meme coin," launched on Friday evening, was down 20.5 per cent at $39.68 on Tuesday

Europe extends hand to US President Trump, warns of 'race to bottom'

Von der Leyen did not mention Trump by name, but referred to the increasing use of sanctions

Aramco CEO expects additional oil demand of 1.3 mn bpd this year

Oil demand this year will approach 106 million barrels per day after averaging about 104.6 million barrels per day in 2024, he said

Gold prices hit over 2-month peak as dollar slips on signs of Trump tariffs

Spot gold climbed 0.4 per cent to $2,719.52 per ounce by 1059 GMT, reaching its highest level since Nov. 6 and nearing the all-time high of $2,790.15 set in October

India Cements Q3 results: Loss widens to Rs 307 cr on pricing, demand woes

The company, owned by UltraTech Cement, said its losses before exceptional items and taxes, for the quarter ended December, widened to Rs 307 cr ($35.5 million), from loss of Rs 50.24 cr a year ago

Dalmia Bharat Q3FY25 results: Net profit falls 77% to Rs 61 crore

Consolidated net profit for the October-December period slumped 77 per cent on-year to Rs 61 crore ($7.05 million) and revenue fell 12 per cent to Rs 3,181 crore

ICICI Prudential Life Q3 results: Net profit increases 43% to Rs 326 cr

The life insurer reported a standalone profit of Rs 326 crore (about $38 million) for the quarter ended Dec. 31, compared to Rs 227 crore a year ago

Indian IT sector's talent management to evolve, says Infosys CTO at Davos

India's No.2 software services exporter is one of several IT companies that use 'pyramid' model - where a company employs highest number of staff at entry level, and fewer at each subsequent levels

Govt bond yields slip on signs of gradual tariff approach from Trump

The 10-year benchmark bond yield ended at 6.7373 per cent, the lowest level since Dec. 13, as compared with Monday's close of 6.7610 per cent

Tata Technologies Q3 results: Net profit falls marginally to Rs 169 crore

Consolidated profit after tax fell marginally to Rs 169 crore ($19.52 million) in the October-December quarter, from Rs 170 crore a year ago

Rupee ends little changed, dollar regains footing on Trump's tariff plan

While the local unit touched a peak of 86.2825 early in the session, it trimmed the gains on the back of broad-based dollar bids and a 0.5 per cent rise in the dollar index after it touched a two-week