Elon Musk’s SpaceX-owned Starlink is nearing the finish line to launch its satellite broadband services in India, as the company undergoes mandatory security tests — one of the last major steps before receiving full commercial clearance.The trials are part of India’s telecom security process for both local and foreign players,…
US President Donald Trump and Chinese President Xi Jinping will meet next Thursday during the Asia-Pacific Economic Cooperation summit in Gyeongju, South Korea, the White House confirmed on Thursday.The scheduled meeting marks a pivotal moment in efforts to defuse escalating trade tensions between the world’s two economic superpowers.The high-stakes encounter,…
A packed Thursday news cycle saw fresh geopolitical and corporate flashpoints: Trump and Xi set a high-stakes meeting in South Korea amid a re-escalating trade war.Trump issued a controversial pardon to Binance founder CZ, and Elon Musk commandeered Tesla’s earnings call to defend a record-breaking pay deal.The EU moved ahead…
US markets rebounded on Thursday, led by technology stocks, as investors reacted positively to strong corporate earnings and easing geopolitical concerns following news of an upcoming meeting between US President Donald Trump and Chinese President Xi Jinping. Meanwhile, Nvidia and Uber unveiled a major partnership in autonomous vehicle development, OpenAI…
President Donald Trump announced on Thursday night that he is terminating all US trade negotiations with Canada, a stunning move he says is in direct response to a television ad from the Ontario provincial government that featured former President Ronald Reagan speaking negatively about tariffs.The president’s decision, announced on his…
A day of significant global developments is underway, as the US retail giant Target announces a major corporate restructuring, the International Monetary Fund (IMF) issues a new and more cautious forecast for Asian growth, and Elon Musk makes a stunning demand for the largest pay package in corporate history. These…
The latest round of US sanctions on Russia’s two largest oil companies could test the coherence of the OPEC+ strategy to gradually increase supply. In a move to compel Moscow to negotiate a peace agreement in Ukraine, the US has announced fresh sanctions against Russia’s two largest oil companies.On Wednesday, the…
The income loss for German women after childbirth is far more severe than earlier thought, as per a Reuters report that stated a new study the Leibniz Centre for European Economic Research (ZEW) and Tilburg University.Four years after giving birth, mothers earn nearly €30,000 less than women without children —…
Investors are bracing for a fresh round of volatility in the currency and bond markets in Argentina, before midterm elections on Sunday that will determine the course of President Javier Milei’s economic reform agenda. Though President Javier Milei isn’t on the ballot, the performance of his La Libertad Avanza party…
UK retail sales unexpectedly grew for a fourth consecutive month in September, a surprising show of resilience from the British consumer that provides a glimmer of hope for an economy that has recently shown signs of cooling.The volume of goods sold online and in stores climbed 0.5% month-on-month, the Office for National…