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Financial Markets

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Pfizer set to acquire obesity drugmaker Metsera in $7.3 billion deal
Pfizer set to acquire obesity drugmaker Metsera in $7.3 billion deal

NEW YORK CITY, New York: Pfizer is close to striking a US$7.3 billion deal to acquire anti-obesity drugmaker Metsera, according to...

Wall Street extends losses Wednesday, dollar strengthens
Wall Street extends losses Wednesday, dollar strengthens

NEW YORK, New York - U.S. stock markets ended lower on Wednesday, as investors took a cautious stance ahead of key economic reports...

Coach, Miu Miu rise while Gucci stumbles in battle for Gen Z shoppers
Coach, Miu Miu rise while Gucci stumbles in battle for Gen Z shoppers

BOSTON, Massachusetts: Luxury fashion houses are racing to win over Gen Z shoppers, a generation whose tastes could redefine the industry...

Indian IT faces upheaval as Trump move reshapes H-1B visa strategy
Indian IT faces upheaval as Trump move reshapes H-1B visa strategy

BENGALURU, India: India's US$283 billion information technology industry faces a dramatic reset after U.S. President Donald Trump's...

U.S. stocks lose ground Tuesday after Fed chair's comments
U.S. stocks lose ground Tuesday after Fed chair's comments

NEW YORK, New York - U.S. stocks retreated from record levels on Monday following remarks by Federal Reserve Chair Jerome Powell that...

Arizona clears Tesla to begin robotaxi trials in Phoenix metro area
Arizona clears Tesla to begin robotaxi trials in Phoenix metro area

PHOENIX, Arizona: Tesla has received the green light to test autonomous robotaxis in Arizona, expanding its efforts to roll out a driverless...

Technology

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Indian IT faces upheaval as Trump move reshapes H-1B visa strategy
Indian IT faces upheaval as Trump move reshapes H-1B visa strategy

BENGALURU, India: India's US$283 billion information technology industry faces a dramatic reset after U.S. President Donald Trump's...

UK unveils Silent Courier, a secret online channel for spies
UK unveils Silent Courier, a secret online channel for spies

LONDON, U.K.: Britain's foreign ministry said this week that the country's intelligence service will use a new dark web platform to...

Intel shares soar 23% as Nvidia invests $5 billion, vows collaboration
Intel shares soar 23% as Nvidia invests $5 billion, vows collaboration

SANTA CLARA, California: Nvidia is throwing a US$5 billion lifeline to longtime rival Intel, buying a significant stake in the struggling...

Trump, Xi to discuss TikTok agreement in bid to reset U.S.-China ties
Trump, Xi to discuss TikTok agreement in bid to reset U.S.-China ties

WASHINGTON, D.C.: President Donald Trump and Chinese President Xi Jinping are preparing to discuss a possible deal to keep TikTok running...

Karnataka HC upholds state's socio-economic survey, stipulates voluntary participation
Karnataka HC upholds state's socio-economic survey, stipulates voluntary participation

Bengaluru (Karnataka) [India], September 25 (ANI): The Karnataka High Court on Thursday refused to intervene in the socio-economic...

A Pakistani scholar's vision: driving China-Pakistan exchanges in big data
A Pakistani scholar's vision: driving China-Pakistan exchanges in big data

GUIYANG, Sept. 25 (Xinhua) -- What does a seamless 5G connection on a bullet train speeding at 300 kilometers per hour represent? For...

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