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Financial Markets

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U.S. stocks restricted by tensions in Middle East
U.S. stocks close mixed Friday amid Mideast uncertainty

NEW YORK, New YorK - U.S. stocks closed mixed on Friday, with gains and losses modest, as investors and traders weighed up the escalation...

US consumers cut back after early surge ahead of Trump tariffs
US retail sales drop in May amid post-tariff spending slowdown

WASHINGTON, D.C.: Retail sales dropped sharply in May as consumer spending slowed after a strong start to the year, primarily due to...

Mitsubishi joins automakers raising prices after import tariffs
Mitsubishi to hike U.S. car prices 2.1% amid Trump tariffs

WASHINGTON, D.C.: Mitsubishi Motors is the latest automaker to raise prices in the United States, joining a growing list of car companies...

U.S. on edge as Israel-Iran conflict escalates
Dow Jones drops 44 points as Wall Street takes a breather

NEW YORK, New York - U.S. stocks made only minor moves in both directions,Thursday, as investors fretted about the Israel-Iran conflict...

Luxury giant Kering bets on outsider de Meo to lead turnaround
Kering picks Renault's de Meo to fix Gucci, slash soaring debt

PARIS, France: Luxury group Kering's decision to tap Luca de Meo as its next chief is being seen as a daring but necessary attempt...

Trump family enters telecom with branded phone, mobile service
Trump Mobile launched with $499 phone, plan priced at $47.45

NEW YORK CITY, New York: The Trump family has unveiled a new venture in the telecom sector — and it's drawing as much scrutiny as it...

Technology

Section
Trump family enters telecom with branded phone, mobile service
Trump Mobile launched with $499 phone, plan priced at $47.45

NEW YORK CITY, New York: The Trump family has unveiled a new venture in the telecom sector — and it's drawing as much scrutiny as it...

Meta buys 49 percent of Scale AI, brings CEO Wang to lead AI efforts
Meta bets on Scale AI CEO Wang in $14B play for AI leadership

MENLO PARK, California: Meta Platforms has made a bold move to accelerate its artificial intelligence ambitions—by investing US$14.3...

Spotify, Discord disrupted by brief Google service glitch
Google resolves global outage affecting major platforms

MOUNTAIN VIEW, California: On June 12, Google announced that it had fixed a temporary global service disruption that impacted several...

Foxconn iPhone exports from India now mostly headed to the US
Apple sends 97% of India iPhone exports to US amid tariff risk

NEW DELHI, India: Amid mounting U.S.-China trade tensions, Apple has sharply increased iPhone shipments from India to the United States,...

US: China lags in AI chips, but catching up fast
Huawei can make 200,000 AI chips in 2025, US says

WASHINGTON, D.C.: The U.S. government estimates that Huawei will only be able to manufacture up to 200,000 advanced AI chips next year—well...

MNRE launches Rs 2.3 crore start-up challenge
MNRE launches Rs 2.3 crore start-up challenge

New Delhi [India], June 21 (ANI): The Ministry of New and Renewable Energy (MNRE) has launched the Innovative Projects Start-Up Challenge...

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