Latest Business News
UAE President Seeks to Boost US Economic and AI Technology Ties
UAE President Sheikh Mohamed Bin Zayed Al Nahyan has visited the US with a focus on strengthening economic and technological collaborations, particularly in artificial intelligence, signaling enhanced bilateral interests in cutting-edge tech sectors.
Apple Faces Demand Concerns for iPhone 16 Pro Amid AI Software Readiness Questions
Shares of Apple have dropped due to warnings from analysts about weaker-than-expected demand for the new iPhone 16 Pro, raising questions about the readiness and appeal of AI-related software integrations in consumer products.
India Investigators to Collaborate on Washington Air India Crash Review
India has dispatched accident investigators to Washington to review the June Air India crash alongside US authorities and Boeing, highlighting ongoing international cooperation amid investigative tensions.
Foreign Investors Withdraw Nearly Rs 12,000 Crore from Indian Markets Amid Year-End Adjustments
Despite foreign investors pulling out approximately Rs 11,820 crore from equities due to waning rupee and portfolio reshuffles, domestic institutional investors compensated with purchases totaling Rs 19,783 crore, mitigating market impacts.
IndiGo Faces Major Operational Crisis with Massive Flight Cancellations and Regulatory Scrutiny
IndiGo is enduring a functional crisis marked by hundreds of daily flight cancellations, leading to show cause notices by aviation authorities and demands for consumer protections and refunds.
Salesforce Completes $8 Billion Acquisition of Informatica, Eyeing Long-Term Cloud Opportunities
Salesforce's strategic $8 billion purchase of Informatica reflects a move beyond mere acquisition towards expanding cloud computing capacities and data management services, positioning for future growth.
European Commission Imposes €140 Million Fine on Elon Musk’s X Platform for Digital Regulation Breaches
Following a two-year probe under the Digital Services Act, the EU has fined Elon Musk's social media platform X €140 million for regulatory non-compliance, emphasizing stricter enforcement of digital market standards.
Europe Faces Structural Economic Challenges Despite Recent Growth, Fragmented Single Market Holding Back Competitiveness
Europe’s economy shows modest growth masked by fragmentation and protectionist non-tariff barriers, leading to reduced productivity and innovation gaps compared to the US; calls for deeper integration and financial connectivity intensify.
Doha Forum 2025 Addresses Global Economic Inequality and Announces New Partnerships
The Doha Forum opened emphasizing justice and global economic divides, with leaders and figures like Bill Gates highlighting the need for collective action and announcing forthcoming major funding and long-term international plans.
Millionaire YouTuber Hank Green Advises Gen Z to Rethink Tesla Investments Amid AI Market Bubble Concerns
Hank Green cautions younger investors regarding the concentration risks in AI-focused stocks such as Nvidia and Microsoft, urging reconsideration of Tesla bets as potential AI bubble risks escalate in the market.