Global
- GLOBALGLOBAL · 2 min
RWE exits US offshore wind with $1.22 billion deal to invest in LNG
RWE agreed to a $1.22 billion settlement to cancel its offshore wind leases off New York, California, and Louisiana, the company and the U.S. Department of Justice announced on August 6.
06 Aug, 11:28 pm IST - GLOBALGLOBAL · 2 min
SpaceX advances $1 trillion revenue target to 2030, Musk says
SpaceX has moved up its revenue target to $1 trillion by 2030, according to CEO Elon Musk.
06 Aug, 09:29 pm IST - GLOBALGLOBAL · 2 min
Tesla and SpaceX to invest $16.8B in Texas chip factory
Tesla and SpaceX announced a joint investment of $16.8 billion to begin construction of a new semiconductor manufacturing facility named 'Terafab' in Texas.
06 Aug, 09:28 pm IST - GLOBALGLOBAL · 1 min
Ford launches electric truck Fathom starting at $28,350
Ford Motor Company unveiled its new electric truck, the Fathom, with a starting price of $28,350.
06 Aug, 07:29 pm IST - GLOBALGLOBAL · 1 min
China launches cybersecurity review of Palo Alto Networks products
China has initiated a cybersecurity review of products from Palo Alto Networks, a US-based cybersecurity firm, according to the Economic Times.
06 Aug, 05:29 pm IST - GLOBALGLOBAL · 2 min
OpenAI moves to dismiss Apple's trade secrets lawsuit
OpenAI has filed a motion to dismiss a trade secrets lawsuit filed by Apple, according to economictimes.indiatimes.com.
06 Aug, 03:29 pm IST - GLOBALGLOBAL · 1 min
Crude oil prices fall amid Iran-Oman talks on US-Iran peace deal
Crude oil prices declined as ongoing negotiations between Iran and Oman raised hopes for a US-Iran peace agreement.
06 Aug, 09:28 am IST - GLOBALGLOBAL · 2 min
Electronic Arts acquired by Saudi fund and investor consortium for $55 billion
Electronic Arts (EA), the video game company known for franchises like The Sims, Madden NFL, and Battlefield, was acquired by Saudi Arabia's Public Investm…
05 Aug, 09:28 pm IST - GLOBALGLOBAL · 1 min
China deploys robot employees to patrol Beijing city parks
China has deployed robot employees in Beijing city parks to patrol and curb inappropriate behaviour, according to economictimes.indiatimes.com.
05 Aug, 07:29 pm IST - GLOBALGLOBAL · 1 min
Visa cuts 2,600 jobs including senior executives amid AI focus
Visa announced layoffs affecting nearly 2,600 employees globally as part of a restructuring to prioritize artificial intelligence, according to livemint.com.
05 Aug, 05:28 pm IST - GLOBALGLOBAL · 2 min
SpaceX narrows losses, eyes $1 trillion revenue with AI data center push
SpaceX reported better-than-expected revenue growth in the second quarter and nearly halved its losses compared to the previous year, according to its firs…
05 Aug, 09:28 am IST - GLOBALGLOBAL · 2 min
Bond traders spend millions on Treasury options amid market volatility
Bond traders have spent millions of dollars on Treasury put options to hedge against sharp declines in long-dated US Treasuries, raising concerns about inc…
05 Aug, 07:28 am IST - GLOBALGLOBAL · 2 min
SpaceX revenue jumps 92% to $7.8 billion in Q2, beating estimates
SpaceX reported a 92% increase in revenue to $7.8 billion in the second quarter, surpassing Wall Street's estimate of about $6.9 billion, according to fortune.com.
05 Aug, 03:28 am IST - GLOBALGLOBAL · 1 min
OpenAI to pay $3.2 million in US probe over foreign worker hiring
OpenAI and its subsidiary Statsig will pay $3.2 million to settle claims by the U.S. Justice Department that they discriminated against U.S.
05 Aug, 01:28 am IST - GLOBALGLOBAL · 1 min
Scott Bessent uses hedge fund tactics to stabilize yen and US debt
Scott Bessent, now U.S. Treasury Secretary, applied his hedge fund experience to support the Japanese yen in a joint currency intervention with Japan on Monday, the first since 2011.
05 Aug, 01:28 am IST - GLOBALGLOBAL · 1 min
L&T wins $6.2 billion offshore gas project in Abu Dhabi
L&T Energy Hydrocarbon Offshore has secured a contract worth over ₹15,000 crore ($6.2 billion) from ADNOC Offshore to develop the Umm Shaif Gas Cap, an offshore gas facility in Abu Dhabi.
04 Aug, 09:28 pm IST - GLOBALGLOBAL · 2 min
CoreWeave expands into Indonesia with first Asia-Pacific data center
CoreWeave, a US-based cloud computing company specializing in GPU-accelerated infrastructure, has announced its expansion into Indonesia with the launch of…
04 Aug, 07:30 pm IST - GLOBALGLOBAL · 1 min
Sotomayor upholds $656 million terror verdict against Palestinian Liberation Organization
Supreme Court Justice Sonia Sotomayor declined to overturn a $656 million verdict against the Palestinian Liberation Organization (PLO) in a terror-related civil case.
04 Aug, 07:28 pm IST - GLOBALGLOBAL · 2 min
Luxury branded residences market hits $67 billion with Porsche Design Tower
The luxury branded residences market has surged to $67 billion, exemplified by the Porsche Design Tower in Sunny Isles Beach, Florida.
04 Aug, 03:28 pm IST - GLOBALGLOBAL · 2 min
NFL expands Europe presence with record nine-game international run
The National Football League (NFL) is staging a record nine-game international series this season across four continents and seven countries, including its…
04 Aug, 03:28 pm IST