Trump Administration Is Taking Billions in Stakes in Firms Like Intel
The Trump administration is trading billions of dollars of taxpayer money for ownership stakes in companies. The unusual practice shows no sign of slowing. Source link
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Explained: Why Bitcoin is sliding — and why the pain may not be over
Bitcoin’s steep fall over the past few weeks has raised fears of a deeper slump, with Deutsche Bank outlining five major factors behind the decline.Analysts at the bank said they are unsure whether the cryptocurrency will stabilise soon, warning that the latest downturn is different from earlier crashes dominated by retail speculation. Risk-off mood hits…
The Fed and Big Tech Re-Raise Investors’ Spirits
Markets appear to be hoping again that the central bank will cut rates next month, and that the artificial intelligence boom has room to run. Source link
Trade compliance push: Commerce Ministry maps global non-tariff rules; exporters asked to share data
The commerce ministry has begun a detailed mapping of mandatory and voluntary non-tariff measures across major global markets as part of a new effort to strengthen export quality and technical compliance.In a note, the Directorate General of Foreign Trade (DGFT) said it is compiling a database of regulatory requirements — including certifications, testing protocols, inspections,…
China and Japan, With Trump in the Middle, Stoke an Existential Showdown
With Japan’s new leader refusing to back down from China’s show of force and claims on Taiwan, Xi Jinping picks up the phone to try to pry the U.S.-Japan alliance apart. Source link
AI bets pay off: Alibaba posts 5% revenue rise as AI app hits 10 million downloads; cloud business accelerates
Alibaba reported a stronger September quarter on Tuesday, buoyed by the blockbuster launch of its redesigned Qwen AI app and a sharp pickup in cloud-computing revenue, even as net profit fell sharply.The Chinese tech major said revenue for the three months ended September 30 rose 5% year-on-year to 247.8 billion yuan ($35 billion), ahead of…
Tariffs and Strike Drive ‘Once-in-a-Lifetime’ Boost for Canadian Wine
The trade war with the United States, bans on U.S. wine and liquor imports and a recent distributor strike in British Columbia have Canadians giving their homegrown wines another look. Source link
Turbulence to turnaround: Air India plans major upgrade with new jets, lounges; vows ‘world-class’ service by 2026
File photo: Air India chief executive Campbell Wilson (Picture credit: PTI) Air India is set to roll out a major refresh of its aircraft, cabins and lounges as part of a wider push to win back passengers after the tragic June crash that killed 260 people. The Tata-owned airline, which has been working on a…
What Is Agentic A.I., and Would You Trust It to Book a Flight?
Companies are racing to develop artificial intelligence tools that can make reservations for flights, hotels and more on your behalf. Here’s what to know. Source link
Infra boost: India speeds up efforts to clear backlog of stalled highway projects; aims 60% cut in pending projects
India is pushing to clear a large backlog of delayed national highway projects by the end of March, aiming to cut cost overruns and revive construction momentum after a sharp fall in project awards this fiscal.According to an ET report, the road, transport and highways ministry began the year with 152 stalled projects worth Rs…