Global
- GLOBALGLOBAL · 2 min
New Zealand dollar to strengthen against euro on rate gap
New Zealand’s dollar is expected to reach its strongest level in over a year against the euro, driven by a widening interest rate gap between the two regions, strategists said on July 27.
27 Jul, 05:28 am IST - GLOBALGLOBAL · 2 min
Australia to invest $3.2 billion in Aukus submarine shipyard expansion
Australia will invest A$4.6 billion (approximately $3.2 billion) to expand the Osborne Naval Shipyard in South Australia, Defence Minister Richard Marles announced.
27 Jul, 03:28 am IST - GLOBALGLOBAL · 2 min
Wall Street braces for Fed decision and tech earnings this week
Wall Street is preparing for a pivotal week as the US Federal Reserve is widely expected to keep its benchmark interest rate steady in the 3.50%-3.75% rang…
27 Jul, 01:28 am IST - GLOBALGLOBAL · 1 min
Flatiron Building in New York converted into luxury residences worth ₹565 crore
The iconic Flatiron Building in New York City has been transformed from office space into ultra-luxury residences after a seven-year renovation, with apart…
26 Jul, 07:28 pm IST - GLOBALGLOBAL · 2 min
Data centers lowered electricity costs despite AI-driven buildout fears
Data centers have historically contributed to lowering retail electricity prices, even as fears rise over a $7 trillion AI infrastructure buildout potentially driving up costs.
26 Jul, 03:28 pm IST - GLOBALGLOBAL · 2 min
AI spending surges globally but revenue growth lags behind
Global spending on artificial intelligence infrastructure has surged to hundreds of billions of dollars, yet the revenue generated from these investments i…
26 Jul, 11:28 am IST - GLOBALGLOBAL · 1 min
Samsung wins $200 billion chip supply deal with Broadcom
Samsung Electronics Co. secured a contract exceeding $200 billion to supply chips to Broadcom Inc. over five years through 2030.
26 Jul, 05:28 am IST - GLOBALGLOBAL · 2 min
South Korean court orders SK Group chairman to pay $644 million in divorce
A South Korean court has ordered Chey Tae-won, chairman of SK Group, to pay his ex-wife Roh Soh-yeong 944 billion won ($644 million) in a divorce settlemen…
25 Jul, 07:28 pm IST - GLOBALGLOBAL · 1 min
Paramount delays Warner buyout amid states' legal challenge
Paramount has postponed the closing of its acquisition of Warner Bros as a judge reviews a legal challenge filed by several states.
25 Jul, 11:28 am IST - GLOBALGLOBAL · 2 min
South Korea's SK Hynix and Samsung sign $950 billion deal with US tech firms
South Korean semiconductor giants SK Hynix and Samsung Electronics have entered into a $950 billion partnership with major US technology companies, according to economictimes.indiatimes.com.
25 Jul, 11:28 am IST - GLOBALGLOBAL · 1 min
China fines Trip.com $770 million for online hotel-booking monopoly
China has fined Trip.com Group $770 million for monopolistic practices in its online hotel-booking business, the company confirmed this week.
25 Jul, 09:28 am IST - GLOBALGLOBAL · 1 min
Yen posts largest weekly drop in over two months against dollar
The Japanese yen recorded its biggest weekly percentage decline in more than two months, continuing to languish near 40-year lows against the U.S. dollar, according to livemint.com.
25 Jul, 01:28 am IST - GLOBALGLOBAL · 2 min
WPP plans £500 million savings with Elevate28 restructuring by 2028
WPP announced an 18-month restructuring plan called Elevate28 aimed at saving £500 million by 2028, following a period of declining revenues and client losses.
24 Jul, 09:28 pm IST - GLOBALGLOBAL · 2 min
South Korea court orders SK chair to pay ex-wife $640 million in divorce case
A South Korean court ordered SK Group Chairman Chey Tae-won to pay his ex-wife Roh So-yeong 944 billion won ($640 million) in their high-profile divorce case, according to fortune.com.
24 Jul, 07:28 pm IST - GLOBALGLOBAL · 2 min
Saudi Arabia faces Houthi attacks as oil surpasses $100 amid Iran war
Oil prices rose above $100 per barrel Thursday for the first time since early June as the war in Iran expanded into Saudi Arabia and the Red Sea.
24 Jul, 05:28 am IST - GLOBALGLOBAL · 2 min
Dollar hits 40-year high against yen as oil prices rise above $100
The US dollar surged to a fresh 40-year high against the Japanese yen and strengthened against the euro on Thursday, driven by escalating tensions in the Middle East and rising oil prices.
24 Jul, 03:29 am IST - GLOBALGLOBAL · 2 min
South African deputy finance minister resigns as $220 billion fund chair
South Africa’s deputy finance minister, David Masondo, resigned as chairperson of the Public Investment Corporation (PIC), which manages $220 billion in government pensions, on Thursday.
24 Jul, 03:28 am IST - GLOBALGLOBAL · 2 min
Gold falls 2% as Middle East tensions fuel inflation fears
Gold prices dropped more than 2% on Thursday, falling from a two-week high reached the previous day, amid rising tensions in the Middle East that pushed en…
24 Jul, 01:29 am IST - GLOBALGLOBAL · 2 min
Ford’s F-150 powers homes as $1,100 backup generator during outages
Ford has introduced a feature allowing certain F-150 models to serve as home backup generators, enabling drivers to plug their vehicles directly into their…
24 Jul, 01:28 am IST - GLOBALGLOBAL · 2 min
Nvidia to send GPUs to the Moon for space computing mission
Nvidia announced it is sending its GPUs to the Moon as part of a new space computing mission scheduled for later this year.
23 Jul, 09:28 pm IST