The Peril of Piloting Ships Through the Strait of Hormuz
Controllers for shipping companies face a daunting decision as they try to free vessels trapped in the Persian Gulf: “Basically you’re sending someone unarmed into war.” Source link
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Reliance Industries Q4 results: Net profit falls 12.5%; Jio PAT rises 13%
RIl Q4 FY26 results: Mukesh Ambani-led Reliance Industries reported a decline in its consolidated net profit for the fourth quarter of 2025–26, even as revenue registered year-on-year increase. The dip came amid the ongoing Middle East crisis, which has choked the firm’s primary oil and chemicals business, offsetting gains in consumer-facing telecom and retail units….
$450 Million Worth of Newhouse Trophies Come to Christie’s
A special May evening sale will feature 16 artworks from the museum-quality collection of the Condé Nast chief S.I. Newhouse Jr. Source link
Is El Nino a bigger threat to India’s high GDP, low inflation balance than the Middle East crisis? Explained
If a weaker monsoon impacts the output of crops, then higher food prices will feed quickly into inflation, a risk that is too real to be ignored. (AI image) India, backed by its strong domestic growth story, is the world’s fastest growing major economy. Which is not to say it is without its vulnerabilities. The…
Trump Says He Dislikes Prediction Markets. His Family Invests in Them.
The White House has warned staff not to wager on government decisions, but his family’s involvement with these firms undermines the president’s message. Source link
From apps to arms: Sankaet Pathak and Silicon Valley’s patriotic pivot
TOI Correspondent from Washington: A new doctrine is quietly reshaping America’s technology-industrial complex, recasting Silicon Valley from a playground of consumer apps into an arsenal of strategic hardware. Dubbed “patriotic tech,” the movement argues that technology firms have a moral and national duty to align with the state – particularly in its intensifying rivalry with…
It Was Just a Podcast. Now, It’s Kelce Land.
When Amazon gutted its podcast company, it built a new department that made creators kings, starting with the football stars Jason and Travis Kelce. Source link
Intel bags big gains! Chipmaker’s shares jump 26% on blockbuster results; how Trump admin benefits
Intel share price soared sharply on Friday after the chipmaker delivered a first-quarter performance that exceeded market expectations. And the win was not just for the chipmaker, but also the whole of US!The stock climbed 26.7% during trading on Friday, marking what could be its strongest single-day gain since 1987. Momentum continued after the closing…
Why Everyone, Including Trump, Is Talking About Airline Mergers
A few carriers are making a lot of money while many are struggling. President Trump and industry executives seem to think mergers may be the answer. Source link
US stocks today: Wall Street trades mostly in green; Nasdaq up 1% lifted by Intel, Dow slumps over 180 points
Wall Street traded mostly in green on Friday, lifted by strong results from Intel and growing hopes of possible talks between the United States and Iran over the weekend. Around 8:35 pm IST, Nasdaq was up 1% or 248 points to 24,686. S&P 500 was up 29 points or 0.41% to trade at 7,137. Dow…