The Indian rupee surged dramatically in global forex markets this week, posting its strongest single-day gain in over seven years as investor confidence spiked following the announcement of a landmark India-United States trade deal. The unexpected rally has reverberated across world financial markets, triggering gains in Indian equities, influencing currency traders globally, and highlighting the dynamic link between geopolitics and…
In a significant development for the global semiconductor and artificial intelligence landscape, China has granted approval for its leading tech companies — including Alibaba, ByteDance and Tencent — to purchase advanced Nvidia H200 AI processors, marking a major pivot in Beijing’s technology and trade policy amid ongoing tensions with the…
The global luxury retail industry is facing another major disruption as Saks…
PepsiCo is making a strategic move to future-proof its global food supply…
Tech billionaires Elon Musk and Mark Zuckerberg will wrestle in the cage. The Tesla and SpaceX chief and the Facebook owner have been trading jabs over their social media platforms. It’s now all but guaranteed a matchup after Musk challenged Zuckerberg to a fight on Twitter. A cage match between…
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Oracle Corp (ORCL.N) CEO Safra Katz discussed a possible expansion of the company’s investment activity in Israel during a meeting on Tuesday with Prime Minister Benjamin Netanyahu, his office said. The statement from Netanyahu’s office added that he and Katz also discussed opportunities arising from artificial intelligence. The Israeli-born Katz,…
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The stock’s recent earnings report has some investors wondering what’s next for the chipmaker. Earnings are a critical measure for determining the price of a company’s shares, and it’s been found that a company’s share price often correlates to trends in its earnings estimates. As a result, it’s essential to…
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MG Motor India has launched the MG Gloster Blackstorm in the Indian market. This edition model comes in black with red accents on the exterior and is priced at Rs 40.30 lakh (ex-showroom). The company says that this particular variant is inspired by the rugged looks of the SUV, which…
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Introduction: In an exciting development for Ireland’s research community, Prof Philip Nolan has been appointed to lead a newly established research funding agency. With his distinguished career in academia and extensive experience in research, Prof Nolan is poised to play a pivotal role in shaping the future of Irish research…
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The billionaire, Tesla and SpaceX owner suggests that big tech companies have too much headcount and could make significant cuts without hurting productivity. During an interview at The Wall Street Journal CEO Council, Musk cited the example of Twitter after he took over the social media site last year and…
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Ford Motor Company has announced two key deals that will secure the supply of critical minerals for its electric vehicle (EV) batteries. The agreements will not only ensure a steady supply of these minerals but will also help Ford in its mission to become carbon neutral by 2050. The automaker…
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Walmart, the largest retailer in the world, has announced plans to offer pet telehealth services to its customers in an attempt to compete with Amazon’s expanding pet supply business. The new service, called Walmart Pet Care, will allow pet owners to connect with licensed veterinarians via video chat for medical…
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