Business

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RBI Raises Repo Rate to 5.50% as Inflation Risks Build
Business11d ago

RBI Raises Repo Rate to 5.50% as Inflation Risks Build

India's central bank has delivered its first rate increase since 2023, shifting from cuts to tightening as inflation pressures and a weakening rupee raise concerns.

10 sources · over 8 days
Paramount and Warner Bros. Complete $110 Billion Merger as Skydance
Business12d ago

Paramount and Warner Bros. Complete $110 Billion Merger as Skydance

The combined company has begun operating as Skydance after legal and regulatory scrutiny.

43 sources · over 8 days
BT buys TalkTalk out of administration as government orders competition scrutiny
Business12d ago

BT buys TalkTalk out of administration as government orders competition scrutiny

BT's rescue deal covers broadband services used by 2.5 million customers, but government intervention leaves questions about competition scrutiny and the protection of vulnerable users.

9 sources · over 2 days
Trump Signs Order Opening Tax-Exempt Diesel to All Drivers
Business12d ago

Trump Signs Order Opening Tax-Exempt Diesel to All Drivers

The order expands access to cheaper red-dyed diesel as high fuel costs squeeze farmers and ranchers and create political pressure ahead of November's US midterm elections.

18 sources · today
Trump announces $15 billion Iowa steel plant backed by India's Essar
Business13d ago

Trump announces $15 billion Iowa steel plant backed by India's Essar

The proposed mill promises 1,750 permanent jobs, but production is targeted for 2030 as Iowa debates the investment and tariffs ahead of November's midterm elections.

22 sources · over 6 days
US Added Only 29,000 Jobs in September, Unemployment Rises
Business13d ago

US Added Only 29,000 Jobs in September, Unemployment Rises

Official figures show US job growth slowed sharply in September, with unemployment rising and Fed rate hike odds falling.

24 sources · over 4 days
Nvidia Announces Historic $150 Billion Share Buyback Amid AI Growth Surge
Business13d ago

Nvidia Announces Historic $150 Billion Share Buyback Amid AI Growth Surge

Nvidia has expanded its share repurchase program by $150 billion, reflecting confidence in its future as AI-driven revenues continue to boost the chipmaker's cash reserves.

25 sources · over 7 days
Italy Caps Fuel Prices as Eni, Q8, IP, and Tamoil Join, Sparking Surge at Pumps
Business13d ago

Italy Caps Fuel Prices as Eni, Q8, IP, and Tamoil Join, Sparking Surge at Pumps

Italy's government and major fuel companies have imposed a temporary price cap on petrol and diesel, triggering high demand and raising questions about long-term supply and future government intervention.

8 sources · over 7 days
Micron Achieves Record Revenue as AI Drives Unprecedented Demand for Memory Chips
Business16d ago

Micron Achieves Record Revenue as AI Drives Unprecedented Demand for Memory Chips

Micron Technology's soaring revenue and profits highlight how artificial intelligence is reshaping the global memory chip market and causing supply concerns that could affect data centers and device makers for years.

15 sources · over 4 days
Fed Watchdog Clears Central Bank of Criminality in $2.5 Billion HQ Renovation
Business17d ago

Fed Watchdog Clears Central Bank of Criminality in $2.5 Billion HQ Renovation

A Federal Reserve watchdog report has found no evidence of criminal wrongdoing in the central bank's costly headquarters renovation, easing political scrutiny but highlighting project management issues.

13 sources · over 3 days
Ken Griffin's $3 Billion Gift to CMU Adds Board Seat, Miami Campus Details
Business17d ago

Ken Griffin's $3 Billion Gift to CMU Adds Board Seat, Miami Campus Details

Ken Griffin's record $3 billion donation to Carnegie Mellon will fund a Miami campus for 3,500 students and add Griffin to the board.

14 sources · over 2 days
Oura Delays IPO Plans Amid Mounting Market Uncertainty in the US
Business18d ago

Oura Delays IPO Plans Amid Mounting Market Uncertainty in the US

Oura, the California-based smart ring maker, has postponed its initial public offering, highlighting the growing hesitation among tech startups to go public in volatile markets.

11 sources · over 3 days