Nvidia to Buy $5 Billion Stake in Intel, Giving Rival a Lifeline
The deal between the chipmakers, whose fortunes have diverged sharply, includes plans to collaborate on technology to power artificial intelligence. Source link
business
Read More
UK interest rates: Bank of England holds benchmark rate at 4%; inflation lingers at 3.8%
The Bank of England on Thursday kept its benchmark interest rate unchanged at 4 per cent, with inflation in the UK still running at nearly double its 2 per cent target. The move was widely expected by markets.Fresh data released on Wednesday showed annual inflation holding steady at 3.8 per cent in August, AP reported.The…
With Amex’s Platinum Refresh, an Even More Exclusive Card Emerges
The card, which will cost $895 a year, leans even further into lifestyle and travel benefits that are attractive to younger generations. Source link
GST rate cut benefit: Maruti Suzuki slashes car prices by up to Rs 1.29 lakh; check list
Maruti Suzuki India, the country’s largest carmaker, on Thursday said it will cut vehicle prices by up to Rs 1.29 lakh from September 22, passing on the benefit of a GST rate reduction to customers.According to the company’s regulatory filing, entry-level model S-Presso will see the steepest reduction of Rs 1,29,600, followed by Alto K10…
Help! Aer Lingus Wouldn’t Let Me Fly Because of a Visa I Didn’t Need.
Workers at a U.S. airport incorrectly told a Ugandan she needed a transit visa to fly through Dublin, refusing to believe even the Irish government’s own website. Source link
Ahmedabad plane crash: Air India victims’ kin sue Boeing, Honeywell; blame fuel cutoff switches that FAA cleared as ‘safe’
The families of four victims of the June 12 crash of Air India Flight AI171 have filed a lawsuit against US planemaker Boeing and aerospace supplier Honeywell, alleging that faulty cockpit fuel switches caused the deadly accident that killed 260 people.The complaint, lodged in Delaware Superior Court on Tuesday, claims the accident occurred seconds after…
A New Rate-Cut Cycle Could Be Fuel on the Stock Market Fire
But with the market already booming and the Federal Reserve under presidential pressure, a new cycle of lower rates could pour fuel onto a fire, our columnist says. Source link
Private capex jump unlikely in FY26: S&P
MUMBAI: While a jump in capital expenditure is unlikely this fiscal year, the prospects for the economic growth catalyst are much better over a medium-to-long term, an arm of global rating agency S&P said on Wednesday. Companies are likely to invest upward of $800 billion over the next five years, S&P Global said. “There is…
Vedanta demerger: Final hearing on October 8
MUMBAI: The National Company Law Tribunal (NCLT) on Wednesday deferred the hearing on Vedanta’s ambitious demerger proposal to Oct 8, as the ministry of petroleum and natural gas objected to the scheme, citing a lack of necessary disclosures. The Mumbai bench of NCLT also directed Vedanta and the ministry to file written submissions in five…
Gold & silver price prediction today: MCX Gold to remain bullish? Here’s the outlook
Currently, gold prices have approached a very crucial support zone around ₹1,09,000 levels, which is likely to act as a strong floor for the metal. (AI image) Gold and silver price prediction today: Gold prices and silver prices continue to exhibit a bullish trend, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients…