Page 680 - World News

Israel releases 110 Palestinian prisoners after assurance from mediators

Israel released the Palestinian prisoners after Israeli military confirmed the release of three Israelis, one male and two female, and five Thailand nationals

IBM beats profit estimates as AI shift boosts software performance

"When you see more growth come from software, that comes with a lot better margins," said Matt Swanson, analyst at RBC Capital Markets

Fed has done terrible job on banking regulation, says Donald Trump

Trump commented after the Federal Open Market Committee voted unanimously to keep the federal funds rate in a range of 4.25%-4.5%

Trump blames diversity, inclusion programmes for jet-chopper collision

The remarks immediately politicised the most deadly US commercial airline accident in over a decade even as Trump flatly and repeatedly said that he didn't know the cause of the disaster

Microsoft cloud computing biz to grow slowly amid shortage of data centres

The Azure cloud division will grow at as much 32 per cent in its fiscal third quarter, not much faster than it did during the last three months of 2024

Meta to pay $25 mn to settle Trump's 2021 lawsuit over account suspension

Trump filed lawsuits against Twitter, now known as X, Facebook Inc and Alphabet Inc's Google, as well as their chief executives in July 2021, alleging they unlawfully silence conservative viewpoints

Meta sends mixed signals as Q4 sales beat estimates but outlook muted

Meta shares were flat after the market closed but rose as CEO Mark Zuckerberg spoke optimistically about Meta's AI initiatives and the company's conviction that open source AI is the right strategy

Tesla reassures investors with growth pledge, to begin robotaxi rollout

Tesla plans to launch its autonomous ride-hailing service in Austin in June and then in other cities by the end of the year

Tulsi Gabbard to face questions over Russia, Syria at confirmation hearing

Gabbard, a former Democratic congresswoman from Hawaii, is a lieutenant colonel in the National Guard who deployed twice to the West Asia and ran for president in 2020

US economy in Q4 slows to 2.3%, robust spending keeps rate cut hopes alive

Gross domestic product increased at a 2.3 per cent annualized rate last quarter after accelerating at a 3.1 per cent pace in the July-September quarter

SoftBank may invest up to $25 billion in OpenAI, eyeing top backer role

Stargate is a joint venture by Oracle, OpenAI and SoftBank, that plans to invest up to $500 billion to help the United States stay ahead of China and other rivals in the global AI race

18 dead after American Airlines jet collides with US Army chopper midair

A regional jet and a helicopter collided near Washington National Airport on Wednesday, triggering a search operation in the Potomac River while flights were halted

Microsoft's cloud outlook knocks shares, Meta rises on AI payoff signs

The Windows maker missed market estimates for quarterly revenue growth at Azure and gave a third-quarter forecast for the business that was below expectations

Hamas frees 8 more hostages; Israel begins prisoners releasing after delay

Israel says it is still committed to destroying Hamas, even after the militant group reasserted its rule over Gaza within hours of the truce

ECB cuts interest rates, keeps door open for further policy easing

It was the fifth ECB rate cut since June and markets expect two or three more this year, driven by arguments that the biggest inflation surge in generations is nearly defeated

American jet crash: Don't believe there's any survivor, says official

28 bodies had been recovered from the river so far, in what was shaping up to be the deadliest US air disaster in more than a decade

Europe's economy stagnates during 2024 end as Germany's struggles persist

Gross domestic product was flat with a zero increase in the final quarter of 2024 in the 20-nation eurozone

Cigna falls short of Q4 profit estimates due to higher medical costs

The plan, called "stop-loss insurance", entails the insurer covering for employers' self-funded plans when their costs surpass a certain threshold due to catastrophic or unexpected medical claims

Sunita Williams and Barry Wilmore scheduled to conduct spacewalk today

NASA astronauts Sunita Williams and Barry Wilmore will go on a spacewalk. The live coverage of the spacewalk will take place at 17:00 hours IST

Drugmaker Takeda's CEO Weber to step down, raises profit forecast

Julie Kim, president of the company's U.S. unit, was named to succeed Weber in June 2026