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Financial Markets

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Fed probe intensifies as Trump threatens to fire Powell
Fed probe intensifies as Trump threatens to fire Powell

WASHINGTON, D.C.: A federal investigation into the Federal Reserve's US$2.5 billion headquarters renovation intensified this week after...

Investors rattle as Netflix co-founder Hastings steps down
Investors rattle as Netflix co-founder Hastings steps down

LOS ANGELES, California: Netflix shares fell sharply in premarket trading after co-founder and chairman Reed Hastings announced he...

Dow Jones surges 869 points on Strait of Hormuz opening
Dow Jones surges 869 points on Strait of Hormuz opening

NEW YORK, New York - U.S. stocks shot higher on Friday, with major indices notching up record highs intra-day and at the close. Earlier...

Israel, Lebanon to pause fighting for 10 days, Trump announces
Israel, Lebanon to pause fighting for 10 days, Trump announces

WASHINGTON, D.C.: U.S. President Donald Trump said there would be a 10-day pause in fighting between Israel and Lebanon starting at...

Dow Jones rises 123 points as Israel-Lebanon truce is agreed
Dow Jones rises 123 points as Israel-Lebanon truce is agreed

NEW YORK, New York - Major U.S. stock indexes finished Thursday's trading session in positive territory, driven by technology sector...

IMF urges targeted aid over fuel subsidies as oil prices surge
IMF urges targeted aid over fuel subsidies as oil prices surge

WASHINGTON D.C.: Governments should resist the urge to roll out broad fuel subsidies to cushion the blow of surging energy prices triggered...

Technology

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Pentagon reliance on SpaceX faces scrutiny after Starlink outage
Pentagon reliance on SpaceX faces scrutiny after Starlink outage

WASHINGTON, D.C.: A Starlink outage that disrupted U.S. Navy drone tests off the California coast has highlighted growing concerns...

Lawyers caution AI chats lack legal privilege after US ruling
Lawyers caution AI chats lack legal privilege after US ruling

WASHINGTON, D.C.: Conversations with artificial intelligence tools could be used as evidence in court, U.S. lawyers are warning, following...

Amazon inks $11.57 billion Globalstar deal to boost satellite push
Amazon inks $11.57 billion Globalstar deal to boost satellite push

SEATTLE, Washington: Amazon is making a major push into satellite communications with a US$11.57 billion deal to acquire Globalstar,...

Tesco teams up with Adobe to boost AI-driven customer insights
Tesco teams up with Adobe to boost AI-driven customer insights

LONDON, U.K.: Tesco is stepping up its digital transformation by partnering with U.S. software firm Adobe to harness artificial intelligence...

J-K: State Election Commissioner Shantmanu visits Udhampur to oversee panchayat electoral roll revision
J-K: State Election Commissioner Shantmanu visits Udhampur to oversee panchayat electoral roll revision

Udhampur (Jammu and Kashmir) [India], April 19 (ANI): Jammu and Kashmir State Election Commissioner (SEC) Shantmanu has conducted a...

TSMC to expand 3nm chip production in Taiwan, US and Japan as AI demand surges
TSMC to expand 3nm chip production in Taiwan, US and Japan as AI demand surges

New Delhi, [India] April 17 (ANI): Taiwan Semiconductor Manufacturing Company (TSMC) has officially announced a massive global scale-up...