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Why is Microsoft borrowing $25 billion after offering buyouts to 60,000 employees?Microsoft 25 billion bond sale: Microsoft is raising $25 billion through a bond sale as AI infrastructure costs rise, days after offering v...
Sun Pharma ordered to halt eye drug production at Assam plant over quality lapses: ReportIndian regulators have ordered Sun Pharmaceutical Industries to stop manufacturing ophthalmic products at the Assam facility. This decision...
Global Market: Wall Street's top asset managers bet big on AI infrastructure boomWall Street’s leading alternative asset managers are ramping up investments in AI infrastructure, betting on long-term leases and creditwor...
Bombs, billions, and household bills: How much is the US-Iran war costing America and its people? Here's all about the war's price tagBy mid-October 2023, the US-Iran war had incurred costs totaling $47 billion, not counting damages to military bases following Iranian assa...
Warren Buffett's Berkshire earns more than 40% from just these 3 stocks; do you have in your portfolio?Warren Buffett’s biggest dividend lesson lies in three stocks Berkshire Hathaway has held for decades. Coca-Cola, American Express and Mood...
Metals thrust, strong growth engines power Vedanta's stellar July-SeptemberThe metals-to-oil conglomerate's profit in Q2 was boosted by higher base metal prices. Vedanta attributed its robust Q2 show to higher comm...
AI financing driving private credit growth as refinancing risks rise, Moody's saysThe ratings agency said AI financing needs now extend beyond data-center construction to land, power, semiconductors, graphics processing u...
Asia-focused banks face bond market risks ahead of Q3 earningsAsia-focused banks face mounting pressure from rising bond yields, inflation and currency volatility ahead of third-quarter earnings. HSBC,...
French bond selloff eases as country spared ratings downgradeOn Monday, the selloff in French government bonds paused after Moody's maintained its rating of Aa3. Weekend protests were mostly peaceful,...
Japanese companies compensate users as cyberattacks buffet economyGMO Internet Group said customers would be compensated for losses stemming from unauthorised access following a cyberattack on its foreign ...
India has navigated impact on costs and supply chains well: JSW Steel CEO Jayant AcharyaJSW Steel is investing heavily in growth, expecting India's steel demand to remain strong through upcoming years. Geopolitical uncertaintie...
Currency markets subdued ahead of pivotal central bank weekAs the week kicks off, major currencies hover in narrow trading bands amidst pivotal central bank meetings. Oil prices experienced a declin...
Global Market Today: Asian shares slip as AI jitters deepen ahead of big tech earningsMSCI Inc.’s Asia Pacific equities gauge fell 0.2% ahead of this season’s busiest earnings week in Asia. US equity-index futures erased earl...
Jio IPO strengthens Reliance’s financial flexibility; capex funding remains key: Moody’sMoody’s has termed Jio Platforms’ IPO credit positive for Reliance Industries, citing debt repayment and funding flexibility. The Rs 30,200...
Oyo parent PRISM to cut IPO fresh issue nearly 50% to Rs 3,350 crore: SourcesPRISM is set to scale back its initial public offering from Rs 6,650 crore to Rs 3,350 crore in light of its robust cash flow and enhanced ...
Global Markets: French markets tumble as riots add to political crisisProtests across France have led to significant declines in the country's financial markets and stocks. French government officials requeste...
Moody's sees limited impact on Fairfax leverage from IDBI Bank takeoverFairfax Financial Holdings is preparing to acquire a majority stake in IDBI Bank in India. The Canadian investor's acquisition aims to enha...