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US launches new strikes after Trump threatens to attack Iran 'very hard'The US launched a new round of overnight strikes on multiple targets in Iran, with President Donald Trump warning of further attacks unless...
US inflation hits three-year high at 4.2% in May amid high energy pricesAmerica's consumer prices surged in May, reaching their highest in three years. This jump, fueled by rising gasoline costs due to Middle Ea...
Paramount, Warner Bros deal under EU subsidy scrutiny, decision due July 14A massive $110 billion deal for Warner Bros Discovery by Paramount Skydance Corp faces European Union scrutiny. Gulf sovereign wealth funds...
Concord Biotech shares gain 6% after USFDA approval for Tofacitinib tabletsConcord Biotech's shares surged over 6% after receiving USFDA approval for its Tofacitinib Tablets in 5 mg and 10 mg strengths. This approv...
Higher gasoline prices likely pushed up US consumer inflation again in MayMay is poised to bring a notable rise in consumer prices across the United States, signaling the steepest hike in three years. Fueled by es...
Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...
Oil Price Today (June 8): Crude oil flares up 5% as Israel attacks Iran, Lebanon in latest escalation. What's next?Oil prices surged 5% on Monday after Israel launched fresh strikes on Lebanon, raising fears of renewed Middle East tensions and potential ...
‘Main Street vs The Merger’: Hollywood workers rally against $110 bn Paramount-Warner dealA major media merger faces opposition from industry professionals and politicians. They fear the Paramount Skydance acquisition of Warner B...
US approves $1.5 billion sale of maritime helicopters to New ZealandThe U.S. has approved a $1.5 billion sale of five Seahawk helicopters to New Zealand, a move supporting the nation's plan to nearly double ...
US says it will speed development and use of AI for national securityThe Trump administration said earlier this week that it would ask leading AI developers to voluntarily submit their most capable models for...
US states preparing lawsuit to block Paramount's acquisition of Warner Bros, sources sayCalifornia, New York, and other states are preparing to sue and block Paramount's $110 billion acquisition of Warner Bros. The lawsuit, exp...
Hezbollah rejection clouds Lebanon ceasefire and prospects for ending Iran warHezbollah rejected a U.S.-brokered ceasefire in Lebanon, vowing to continue resistance, while Israel stated it would not withdraw troops. T...
US Development FinCrop to invest $1.5 billion in Indo-Pacific energy platform, eyes South Asia buildoutThe US International Development Finance Corporation is investing $1.5 billion in a new energy platform for the Indo-Pacific. This major pr...
Lebanon ceasefire raises hopes of progress for Iran dealIsrael and Lebanon have agreed to a ceasefire brokered by the United States. This development offers hope for de-escalation in the ongoing ...
Taiwan beefs up anti-ship missile arsenal to counter threat of Chinese invasionTaiwan is boosting its missile power to over 1,800 by 2029. This move aims to deter a potential Chinese invasion or blockade. The island is...
Europe's tech 'liberation day'? Computer says not yetThe EU plan aims to boost European tech firms and limit some access for dominant U.S. rivals. It marks a key but initial step, with the blo...
Gold rises on softer dollar, oil as markets weigh US-Iran peace optimismGold prices saw a boost on Thursday, driven by a weaker dollar and declining crude oil. Hopes for a U.S.-Iran conflict resolution, followin...
Oil Price Today (June 4): Crude oil slips as Israel-Lebanon ceasefire fuels Iran war peace hopes. What’s next?Oil prices dipped as a ceasefire between Israel and Lebanon sparked hopes for broader diplomatic progress, potentially easing U.S.-Iran ten...
Concord Biotech shares jump 8% on USFDA nod for Mycophenolate Mofetil oral suspensionConcord Biotech shares saw a significant jump on Wednesday. This surge followed the company's announcement of receiving approval from the U...
US sanctions Iran's largest crypto exchange over IRGC linksAmerica has imposed sanctions on Iran's largest cryptocurrency exchange, Nobitex. The US accuses the exchange of helping Iran's government ...