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US stocks today: Oracle, CoreWeave lead AI selloff on OpenAI growth concernsShares of AI companies fell on Tuesday. OpenAI reportedly missed user and revenue goals. This has sparked worries about its ability to fund...- Global supply squeeze and Delta virus rip through factoriesThe combined forces of the delta variant of the coronavirus, shortages of parts and raw materials, and a lack of shipping capacity are crea...
- Indian car market may post record 30% growth in 2021 on low baseA laggard among the top 10 global passenger vehicle markets in 2020 after one of the most stringent and prolonged lockdowns in the world to...
- PM Modi to inaugurate annual India Energy Forum next weekModi will deliver the inaugural address at the virtual event, to be held on October 26-28, organiser IHS Markit said in a statement.
- Eurozone economy took record hit in March: IHS MarkitThe IHS index for the month was 29.7 -- down from Markit's first estimate for March of 31.4.
- German industrial recession drags economy deeper into slumpFactory activity is shrinking at the fastest pace in a decade and growth in services is softening.
- Indian IT firms pay better than local companies in USReport says average wage paid by Indian cos 2% higher than median wage of $94,800.
- Shapoorji Pallonji Group’s first IPO looks to raise Rs 4,500 croreThe issue is an offer for sale by the company’s promoters and chairman, Khurshed Daruvala.
- Light vehicles keep India on fast trackThe Indian market is estimated to have grown 8.6% to about 4 million units in the year that just went by, automotive forecasting firm IHS M...
- Asian shares on defensive on mounting signs of a global slowdownOn Wall Street on Friday, the S&P 500 lost 1.91 per cent to 2,599.95.
- Made-in-India Mercedes set to drive into USThe company’s US subsidiary will be importing its best-selling SUV GLC from India. Mercedes-Benz India has already begun shipments from the...
- Manufacturing sector growth falls to 5-month low in March: PMIThis is the eighth consecutive month that the index remained above the 50-point-mark. In PMI parlance, a print above 50 means expansion, wh...
- US’ service sector buried under the east coast stormThe Markit Economics preliminary purchasing managers’ services index for February slumped to 49.8 from 53.2 the prior month, a report from ...
- Bank secrets exposed in EU’s credit derivatives antitrust probeThe probe, which includes HSBC and Deutsche Bank, is one of two priority EU investigations into financial institutions.
- Copper reaches 5-week high as European manufacturing expandsCopper reached a five-week high in New York after euro-area manufacturing unexpectedly expanded for the first time in two years.
- Eurozone growth accelerates in July: surveyGrowth across the 16-nation eurozone accelerated for the first time in three months in July, well-watched research showed Wednesday.
- Eurozone growth slows in 'worrying' developmentGrowth across the eurozone slowed in May in a "worrying" sign that Europe's sovereign debt crisis could be weighing on broader economic act...
- Eurozone output grows at fastest rate since 2007: SurveyPrivate sector business activity in the 16-nation eurozone grew in October at its fastest rate since 2007, with France leading the way a su...
- Economic gloom lifting in Europe, surveys showThe economic gloom which descended on Europe over the last 12 months is slowly continuing to lift, with key surveys released Friday showing...
- Manufacturing sector contracts for fourth month in a row: PMIThe manufacturing activity in the country shrank for the fourth month in a row in February as operating conditions in the economy remained ...
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