‘A Singularly Turbulent Time’: Deeper Uncertainty in Store for Global Economy
A reordering of the rules of trade, set on top of transformational change in technology, demographics and climate, is remaking jobs, politics and lives. Source link
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Rupee continues to rebound! Currency opens 0.1% up; trades at 90.1 against US dollar
Rupee continued its upward rally against the US dollar on Friday, opening at 90.1325 per dollar, up about 0.1% from its previous close.The currency closed at 90.20 against US dollar, on Thursday, making a tentative recovery after sliding to record lows earlier this week.This rebound was largely attributed to intervention by the Reserve Bank of…
Bank of Japan Raises Interest Rates to Highest Level in 30 Years
The Bank of Japan moved to slow inflation as the prime minister is borrowing more to fund an ambitious effort to build up industry and support households. Source link
TikTok row: US joint venture deal signed to avert Chinese ownership ban; ByteDance’s stake capped at 19.9%
TikTok has signed a joint venture agreement with major investors to keep its platform running in the United States and avoid a potential ban linked to its Chinese ownership, according to an internal memo seen by news agency AFP.TikTok chief executive Shou Zi Chew told employees that the company and its parent ByteDance have agreed…
Top stocks to buy today: Stock recommendations for December 19, 2025 – check list
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for December 19, 2025 are Max Healthcare, and Sagility. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYBenchmark indices continue to trade in a range with corrective bias and are currently placed around 25,800 levels as…
Airtel may raise up to Rs 16,000 crore, names new CEO
NEW DELHI: The board of Bharti Airtel on Thursday approved the appointment of Shashwat Sharma as MD & CEO from Jan 1 as Gopal Vittal will take charge as executive vice chairman for a period of five years. The board also green-lighted access of the remaining around Rs 15,740 crore proceeds from the Rs 21,000…
‘LLMs still find it difficult to pull off complex reasoning tasks’
BENGALURU: Cognizant AI CTO Babak Hodjat said at the Nasdaq-listed company’s AI Lab here that as enterprises race to embed large language models (LLMs) deeper into business operations, a key question remains unresolved: how much can these systems be trusted to reason correctly at scale? While today’s LLMs are powerful, he said, they tend to…
TikTok Signs Agreements With Investors in Step Toward Avoiding a U.S. Ban
The Chinese-owned video app reached agreements with the software giant Oracle and two investment firms, Silver Lake and MGX, as part of a deal to keep TikTok operating in the United States. Source link
LVMH-backed L Catterton takes bite of Haldiram’s
MUMBAI: US-based private equity firm L Catterton has picked up a minority stake in Haldiram Snacks Food amid a rush among investors to take a bite of India’s growing consumer market. The latest investment in Haldiram’s, known for its wide range of namkeen (snacks), sweets and ready to eat products comes less than a year…
Nike’s Struggles Continue, but Turnaround Plan May Be Working
Quarterly sales rose slightly for the world’s largest footwear company despite weak results in China and with its Converse brand. Source link