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GERMAN ECONOMIC GROWTH
Global market: Eurozone bond yields steady as oil prices ease, traders assess Iran sanctionsEurozone bond yields remained largely stable as investors assessed new U.S. sanctions on Iran and easing oil prices. Germany’s 10-year yiel...
TCS-Porsche deal: Why Morgan Stanley, Citi, other brokerages still see up to 20% downside potentialTCS shares rose after the IT major signed a five-year €1.25 billion deal with Porsche AG and agreed to acquire its IT arm, MHP, for €320 mi...
TCS to buy Porsche's IT unit, bags five-year deal worth $1.4 billionTCS Porsche IT unit acquisition: Porsche is a net new client for TCS and the deal will be a fresh one for the company. The acquisition will...
Charting the Global Economy: UK payrolls slide, inflation risesThe latest figures show the UK labor market is faltering, with job vacancies reaching a five-year low. Inflation rates have intensified, fu...
AI reshapes India's IT services sector contracts as clients demand more for lessOutsourcing giants like Tata Consultancy Services, Infosys, Wipro, HCLTech and Cognizant are rejigging business models, increasingly tying ...
AI reshapes India's IT services sector contracts as clients demand more for lessIndustry executives also say they are losing some work entirely as customers use AI to shift tasks in-house, while all the uncertainty that...
Volkswagen Cars eyes mass growth in India with compact SUVVolkswagen plans to enter India’s sub-four-metre SUV segment next year with a compact SUV, aiming to expand beyond its limited portfolio an...
Quote of the day by Cate Blanchett: 'If you embrace life, if you see all things happening as surprises in front of your eyes...', Double Oscar-winning actress on how to keep learning from one's own lifeLife rarely follows planned paths, presenting unexpected changes and opportunities. Embracing these surprises with curiosity allows for con...
Global Market: Eurozone bond rout loses steam, but rising oil prices keep investors waryOn Wednesday, yields on Eurozone government bonds saw a slight decline as the U.S. Treasury markets regained stability. However, high oil p...
Selloff in euro zone bonds pauses but oil prices keep up pressureGovernment bond yields across the euro zone halted their upward trend on Wednesday, with the U.S. Treasury market finding stability and con...
- As Opel turns to Chinese partners, its hometown frets about the future
Struggling like many other European automakers, Opel is expanding its partnership with Leapmotor to build a new SUV, tapping the Hangzhou-b...
Started selling paneer for South Indian hotels: Class VIII dropout who took over family's failing milk business built a Rs 10,000 crore dairy empire; here's who he isStarted making paneer for South Indian hotels in the early 1990s, Sathish Kumar turned a failing family milk business into Milky Mist, one ...
Global Market: European shares subdued as investors assess earnings, geopolitical risks ahead of US inflation dataEuropean shares traded largely flat as investors assessed mixed corporate earnings, rising oil prices and renewed geopolitical tensions ahe...
Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
US defends dollar as yen weakness threatens global currency orderThe US treasury has stepped in to bolster the Japanese yen and several other currencies, signaling a potential decline of the dollar and hi...
Europe’s economy faces the hard reality of climate change this summerThe intense heatwaves sweeping across Europe this summer are leaving deep economic scars. With soaring temperatures and severe drought hamp...
Europe's hot stock markets catch global investors' eyeEurope's stock market is experiencing a robust rally, attracting significant investor interest. Strong earnings growth and improving econom...
Charting the global economy: US employment declines unexpectedlyThe El Niño on track to become the most powerful of the past 76 years is strengthening rapidly, posing a major threat to fragile economies ...
Global Market: European shares rise as healthcare stocks offset geopolitical concerns; investors await US jobs dataEuropean stock markets edged higher on Friday, supported by gains in healthcare stocks, while rising oil prices and renewed Middle East ten...
Global Market: European shares edge higher as earnings offset Middle East concerns; Lufthansa, Zalando slideEuropean shares saw modest gains as investors reviewed corporate earnings reports. Energy stocks edged higher while oil prices rebounded fr...