Goldman sees ‘significant’ hit to U.S. from Trump’s Canada tariffs

US consumers face “significant consequences” from President-elect Donald Trump’s proposed tariffs on Canada, according to Goldman Sachs Group Inc., with the bank casting doubt over its implementation. The 25% levy on all products from Canada proposed by Trump would likely raise the price of fuels in the US, Daan Struyven, the head of commodities research for … Read more

‘I’m not going to listen to you…’: Why Nandan Nilekani said ‘no’ to his father and chose IIT Bombay

Nandan Nilekani, co-founder of Infosys and a driving force behind India’s digital revolution, recounted a pivotal moment from his youth that set the stage for his extraordinary career.  Born in Bengaluru in the 1950s, Nilekani grew up in an era where children’s futures were often mapped out by their parents. For most, the options were … Read more

HP, Dell’s weak forecasts spark share selloff, doubts over PC market recovery

(Reuters) – Shares of Dell and HP fell on Wednesday after the personal computer makers issued forecasts that cast doubt on a market recovery driven by artificial intelligence-enabled PCs. Dell fell 13% in trading before the bell, with the company set to shed nearly $13 billion from its $99.50 billion market value, after it forecast … Read more

Symbotic shares tumble 24% as company files to delay 10-k annual report By Investing.com

Investing.com — Shares in Symbotic Inc (NASDAQ:) fell sharply Wednesday after the company said it would not meet the deadline for filing its annual form 10-K for the fiscal year ending September 28, 2024, citing the need to evaluate the financial impact of a significant error in its revenue recognition. The company disclosed that the … Read more

William Hague wins race to be Oxford university chancellor

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Former Tory foreign secretary Lord William Hague has been elected as the next chancellor of Oxford university. Hague, 63, also former leader of the Conservative party, beat four other shortlisted candidates: Labour peers Lord Peter … Read more

Alexis Ohanian and soccer star Midge Purce on docuseries The Offseason—and the venture case for women’s sports

I frequently wonder about the lives of Olympians when they’re not being, well, Olympians.  And there’s no group I find more mysterious than the American women’s soccer team—they’re some of the most celebrated athletes on the planet…once every four years. For me, women’s soccer has always presented a clear conundrum: What would it take to … Read more

Rs 40,000 crore heir is now a monk: The incredible story of Malaysian tycoon Ananda Krishnan’s son

An heir to a $5 billion fortune traded his private jets for monastic robes. Ven Ajahn Siripanyo, son of Malaysian billionaire Ananda Krishnan, made the unthinkable choice to renounce a life of luxury and dedicate himself to spiritual service. Krishnan, often called “AK,” is Malaysia’s third-richest man, with a net worth exceeding Rs 40,000 crore … Read more

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