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Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...- Microsoft has considered spinning off Xbox: ReportMicrosoft is exploring significant changes for its Xbox gaming division. Options include a potential spinoff or restructuring as a wholly o...
- India bonds rise as oil slumps on Iran peace deal hopeIndian government bonds saw a significant rise on Friday. This surge was driven by a sharp decline in crude oil prices. Hopes of a breakthr...
- Elon Musk's net worth crosses $980 billion as blockbuster SpaceX IPO price set at $135SpaceX's IPO has been priced at $135 per share, valuing the company at around $1.8 trillion and adding an estimated $188 billion to Elon Mu...
- India willing to let fiscal deficit widen to 4.8% of GDP: ReportIndia faces a larger budget deficit this year. The war in Iran is increasing energy subsidy costs. This puts pressure on government finance...
- US stocks | SpaceX IPO draws over $70 billion from retail investors ahead of record stock market debutSpaceX is gearing up for an IPO that has captured the attention of investors far and wide. With retail investments skyrocketing past sevent...
- Air India crash report delay expected due to unfinished engine analysis, source saysThe final report on the Air India Boeing 787 crash will be delayed. Investigators need more time to analyze the aircraft's engines. The cra...
- SpaceX IPO: Will Elon Musk become the world's first trillionaire after mega listing? The math is delicately poisedElon Musk SpaceX IPO: Elon Musk is on the cusp of becoming the world's first trillionaire as SpaceX prepares for its massive $75 billion IP...
- Microsoft's Xbox plans for major layoffs next month: ReportThe job cuts would mark the first major restructuring under Asha Sharma, who took charge as CEO of the gaming unit in February.
- SoftBank's attempt to get $6 billion OpenAI margin loan stalls: ReportThe company is considering various fundraising options, the report said, adding that it could still move forward with the margin loan at a ...
- Taiwan weighs stricter export controls on AI chip sales to ChinaTaiwan is tightening the reins on AI chip sales to China, aligning its regulations with those of the United States. This strategic maneuver...
- China prepares $295 billion plan to fund nationwide AI buildout: ReportNational Development and Reform Commission is among key government agencies drafting a blueprint to build a network of inter-connected co...
- One of UK's oldest listed cos Tate & Lyle accepts $3.6 billion bid from IngredionIngredion is set to acquire Tate & Lyle for 2.7 billion pounds, approximately 3.6 billion dollars. This deal marks the end of Tate & Lyle's...
- FTX cofounder Sam Bankman-Fried applies for Trump pardonSam Bankman-Fried, convicted in the FTX cryptocurrency empire collapse, has formally applied for a presidential pardon. He submitted his ap...
- SpaceX IPO is said to be well oversubscribed, orders close WednesdaySpaceX's initial public offering is significantly oversubscribed, with demand building for a potentially record-setting debut. Banks are cl...
- China’s Moonshot AI seeks $30 billion value in new funding talksThe developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the m...
- EU plans lower taxes on clean energy in drive to cut power billsThe European Union is set to propose new regulations next month. These plans aim to cut taxes on renewable energy and boost electricity sys...
- SpaceX and other mega IPOs may wait years to join the S&P 500SpaceX and other mega IPO candidates may have to wait years before joining the S&P 500 after S&P Dow Jones Indices retained its profitabili...
- TikTok billionaire overtakes Mukesh Ambani as Asia’s second-richest personZhang’s net worth climbed to $92.8 billion, cementing his position as China’s richest person, according to the Bloomberg Billionaires Index...
- SpaceX negotiating underwriting fees below 1% for IPO: ReportElon Musk's SpaceX is aiming to raise approximately $75 billion this month through its initial public offering. The company is reportedly n...
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