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Financial Markets

Section
Wall Street falters as America's credit rating is downgraded
Moody's AAA rating downgrade dents U.S. stock markets, dollar, bonds

NEW YORK, New York - U.S. stocks struggled on Monday as a further downgrading of U.S. debt by Moody's sent the dollar sliding and Treasury...

Japan’s economy shrinks, first contraction in a year
Japan's economy shrinks more than expected as US tariff hit looms

TOKYO, Japan: Japan's economy contracted for the first time in a year, shrinking at a faster pace than expected in the first quarter...

Amid retail slowdown, Dick’s Sporting to acquire Foot Locker
Dick's Sporting to buy Foot Locker for $2.4 billion

CORAOPOLIS, Pennsylvania: Dick's Sporting Goods is set to acquire Foot Locker in a US$2.4 billion deal, marking the second major footwear...

Walmart warns shoppers of price hikes amid rising tariffs
Walmart shoppers to face price hikes as Trump tariffs hit

BENTONVILLE, Arkansas: Walmart shoppers are bracing for price hikes as the world's largest retailer prepares to pass on the impact...

Tyson CEO says cattle supply recovery underway
US ranchers begin rebuilding herd after 74-year low

CHICAGO, Illinois: U.S. cattle farmers have either started rebuilding their herds or are close to it, according to Tyson Foods CEO...

Tariff threat pushed US smartphone shipments up by 30% in March
US smartphone shipments rose 30% in March due to tariff concerns

WASHINGTON, D.C.: Smartphone shipments to the United States jumped 30 percent in March as manufacturers including Apple, Samsung, and...

Technology

Section
Only 7% Indian firms are cybersecurity ready, alarming gap in security preparedness: Cisco
Only 7% Indian firms are cybersecurity ready, alarming gap in security preparedness: Cisco

New Delhi [India], May 20 (ANI): Cybersecurity readiness remains alarmingly low in Indian companies, with only 7 per cent of firms...

Foxconn to invest $1.5 billion in its India operations
Foxconn to invest $1.5 billion in its India operations

New Delhi [India], May 20 (ANI): Apple supplier Foxconn is set to invest USD 1.5 billion in its India unit, Reuters reported, citing...

Starlink begins operations in Bangladesh
Starlink begins operations in Bangladesh

Dhaka [Bangladesh], May 20 (ANI): Starlink, a satellite internet service owned by Elon Musk's SpaceX, has officially started operations...

"New e-Zero FIR to nab cyber criminals with unprecedented speed": Amit Shah
"New e-Zero FIR to nab cyber criminals with unprecedented speed": Amit Shah

New Delhi [India], May 20 (ANI): Union Home Minister Amit Shah has said that the new e-Zero FIR initiative will automatically convert...

Khaled bin Mohamed bin Zayed attends 4th Make it in the Emirates forum
Khaled bin Mohamed bin Zayed attends 4th Make it in the Emirates forum

Abu Dhabi [UAE], May 19 (ANI/WAM): Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu...

Kerala CM launches Rs 200 cr IT infrastructure project at Cochin Airport
Kerala CM launches Rs 200 cr IT infrastructure project at Cochin Airport

Kochi (Kerala) [India], May 19 (ANI): Cochin International Airport Ltd is presenting a model of socialising profit, said Kerala Chief...