The United States has announced a new and powerful wave of sanctions targeting Russia’s two largest oil companies, Rosneft and Lukoil, in a significant escalation of its effort to pressure Moscow to negotiate an end to the war in Ukraine.The move comes just one day after the White House confirmed…
Shares of the Indian IT services giant Infosys jumped 4.12% on Thursday morning, leading gains on the Nifty 50, after the company announced that its promoters will not participate in its upcoming Rs 18,000-crore share buyback program.The market has interpreted the decision as a powerful signal of confidence from the founders in…
The Wall Street Journal recently warned traders against treating stock market like a “slot machine”, they used quantum computing stocks as examples.Leveraged funds tied to quantum computing firms like Rigetti and D-Wave have surged more than 700% this year with their names flashing across retail trading forums and financial dashboards.Quantum…
Social media giant Reddit has filed a lawsuit against artificial intelligence company Perplexity, accusing it of illegally harvesting user posts to train its AI models in one of the latest clashes between content owners and AI developers over data rights.The complaint, filed Wednesday in a New York federal court, alleges…
India will attend the 47th Association of Southeast Asian Nations (ASEAN) Summit in Kuala Lumpur virtually, a move that underscores shifting regional diplomacy and the growing weight of trade pressures. Prime Minister Narendra Modi informed Malaysian Prime Minister Anwar Ibrahim of his decision to join online as the Diwali festivities…
Britain’s finance minister Rachel Reeves is reportedly exploring changes to how Limited Liability Partnerships (LLPs) are taxed, in a move that could have sweeping consequences for professionals in law, accounting, and healthcare. The proposal, reported by The Times, comes as the Treasury faces a shortfall of up to £30 billion…
Uruguay will terminate its 2023 contract with Spanish shipyard Cardama for the construction of two vessels after authorities uncovered alleged irregularities in the guarantees supporting the deal, the government said on Wednesday.President Yamandú Orsi, speaking at a press conference, said there were indications of a scam or fraud against the…
The Indian stock market surged on Thursday, with the benchmark Sensex jumping over 700 points and the Nifty 50 reclaiming the important 26,000 level. The powerful, broad-based rally was ignited by a wave of optimism following reports that a long-awaited trade deal between India and the United States could be…
Shares of the Indian IT services giant Infosys jumped 4.12% on Thursday morning, leading gains on the Nifty 50, after the company announced that its promoters will not participate in its upcoming Rs 18,000-crore share buyback program.The market has interpreted the decision as a powerful signal of confidence from the founders in…
The Wall Street Journal recently warned traders against treating stock market like a “slot machine”, they used quantum computing stocks as examples.Leveraged funds tied to quantum computing firms like Rigetti and D-Wave have surged more than 700% this year with their names flashing across retail trading forums and financial dashboards.Quantum…