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Financial Markets

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OpenAI to use Google Cloud as demand for computing surges
OpenAI signs cloud deal with Google despite intense AI rivalry

SAN FRANCISCO, California: In a move that highlights how the demand for compute power is reshaping the AI industry, OpenAI has signed...

U.S. stocks edge higher, Nasdaq Composite gains 47 points
Dow Jones closes 102 points higher despite U.S. dollar slide

NEW YORK, New York - U.S. stocks rose modestly on Thursday while the U.S. dollar sank to its lowest level in 3 years after President...

Amazon plans $20 billion data center expansion in Pennsylvania
Amazon to invest $20 billion in PA cloud and AI infrastructure

HARRISBURG, Pennsylvania: Amazon is making a significant play in Pennsylvania, announcing plans to pour at least US$20 billion into...

Reliance aims to build 1,000 Shein suppliers for global push
Shein, Reliance to export India-made clothes within a year

MUMBAI/LONDON: Fast-fashion giant Shein and India's Reliance Retail are preparing to transform India into a significant global supply...

WBD splits up: HBO Max and CNN to operate as separate firms
Warner Bros Discovery to split streaming, cable operations

BURBANK, California: Warner Bros Discovery is officially breaking itself in two. In a move that signals a major pivot for the media...

Wall Street steadies Wednesday, indices end modestly lower or unchanged
Dow Jones finishes flat as markets digest tentative U.S.-China trade deal

NEW YORK, New York - U.S. stocks closed modestly lower Wednesday despite a tentative trade agreement between the United States and...

Technology

Section
OpenAI to use Google Cloud as demand for computing surges
OpenAI signs cloud deal with Google despite intense AI rivalry

SAN FRANCISCO, California: In a move that highlights how the demand for compute power is reshaping the AI industry, OpenAI has signed...

Amazon plans $20 billion data center expansion in Pennsylvania
Amazon to invest $20 billion in PA cloud and AI infrastructure

HARRISBURG, Pennsylvania: Amazon is making a significant play in Pennsylvania, announcing plans to pour at least US$20 billion into...

Beijing approves rare earth shipments to top three US automakers
China clears rare earth exports for US carmaker suppliers

BEIJING/WASHINGTON, D.C.: In a rare move aimed at easing mounting supply chain pressure, China has issued temporary export licenses...

China bureaucrat bottlenecks over rare earths ripple through industry
Few Chinese officials now decide the fate of global EV production

BEIJING, China: A little-known office inside China's Ministry of Commerce has become a powerful chokepoint in the global auto and tech...

Seclore expands its presence in Delhi with enhanced focus on partnerships with government agencies for national security
Seclore expands its presence in Delhi with enhanced focus on partnerships with government agencies for national security

iMEQ New Delhi [India], June 13: Seclore, a leading provider of data-centric security solutions to enterprises and governments around...

US steel tariffs on home appliances alarm Samsung and LG
US steel tariffs on home appliances alarm Samsung and LG

Seoul [South Korea], June 13 (ANI): The Trump administration's expansion of steel tariffs to include household appliances with steel...