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As Tata Steel announces its Q3 earnings on Friday, all eyes will be on the turnaround in its UK business, European carbon tax and its plan to secure raw materials domestically
After importing 100% agave tequila since 2018, Monika Alcobev is now betting big on Korean soju and Spanish liqueur.
The Indian rupee opened marginally higher at 90.45 against the US dollar on Thursday, recovering slightly after a dip in the previous session. Mixed market sentiment prevails as traders await official confirmation of the India-US trade deal, with crude oil price volatility also influencing currency movements.
For the full financial year, Alphabet reported revenue of $402.8 billion, up 15% year on year, while net profit for FY25 rose 32% to $132.2 billion.
Since the introduction of mandatory pre-court mediation in India, settlement rates remain low at 1.75%. Experts argue that the process is treated as a procedural formality, leading to early failures in mediation and reduced confidence among businesses in the effectiveness of dispute resolution.
ElevenLabs raised $500 million led by Sequoia Capital, valuing it at $11 billion, to expand Eleven Agents and global reach, with partners like Deutsche Telekom and Meta.
Silver plunged 12.7% to $76.9495 an ounce as of 11:18 am in Singapore. Spot gold was 2.1% lower at $4,859.20 an ounce.
The EEOC is investigating Nike for alleged discrimination against white employees in its diversity policies, with Chair Andrea Lucas filing a commissioner’s charge based on Nike’s public DEI goals.
Asian markets opened lower, mirroring losses in US technology stocks that dampened investor confidence. Despite modest gains in US stock futures, a mixed close on Wall Street and falling oil prices contributed to the regional retreat. Technology shares, particularly software companies, faced pressure amid concerns over AI competition.
Indian stock markets opened lower today, with Nifty50 and BSE Sensex experiencing declines. While IT stocks faced a sell-off due to automation fears, domestic consumption-driven sectors showed resilience. Analysts remain cautiously optimistic, awaiting FII buying trends and positive impacts from recent trade deals and budget announcements.
“Reality is created by the mind. We can change our reality by changing your mind.” The line is often attributed to Plato, and whether or not it comes
Boeing layoffs: The jobs to be eliminated are in the defence division's supply chain, and the company will notify affected workers this week, according to a report.
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