Business News
As President-elect Donald Trump makes a flurry of choices to fill out his incoming administration’s Cabinet, the lobbying for key positions has been fierce behind closed doors — and sometimes publicly. Now billionaire and key Trump ally Elon Musk is calling for more direct public input into the decision-making process for at least one top post: the head of the … Read more
In a viral video, Bengaluru autorickshaw driver Pavan Kumar claimed that a woman passenger booked two autos for the same trip, causing confusion. According to him, she used two different apps—Ola and Rapido—leading to two autos arriving for her. The video, filmed by Pavan himself, shows him insisting that she had booked his ride through … Read more
Investors Are Betting on a Market Melt-Up
PM Images The global economy will experience another year of solid growth in 2025, with the U.S. outperforming expectations while the euro zone lags behind amid fresh tariffs expected from the incoming Trump administration, said Goldman Sachs. The investment firm expects worldwide GDP
Scandinavian Airlines flight SK957 had to return to Europe instead of completing service to Miami, after severe turbulence over Greenland sent passengers and baggage flying. (Credit: Sammy Solstad) A Scandinavian Airlines flight was rerouted back to Europe after severe turbulence forced its return, according to a statement. Flight SK957 with service to Miami traveled back … Read more
KYIV (Reuters) – Blasts shook Ukraine’s capital Kyiv and other cities while neighbouring Poland scrambled its air force early on Sunday after the two countries said a Russian missile attack was under way. “Due to the massive attack by the Russian Federation using cruise missiles, ballistic missiles and unmanned aerial vehicles on objects located, among … Read more
Xavier Niel, one of Europe’s top technology investors, believes the region can succeed in creating leading artificial intelligence companies even without the billions in capital raised by US competitors — as long as founders are not tempted to cash out too early. “I think we can create big things with a few hundred million euros,” … Read more
TikTok parent ByteDance Ltd. is valuing itself around $300 billion, one of the highest valuations ever for the Chinese tech company, even as it fights to maintain its popular social-media app’s presence in the US, the Wall Street Journal reported Saturday. The valuation came in a recent buyback offer by ByteDance, the Journal said, citing … Read more
Narayana Murthy is clear: while India’s growth story is impressive, he’s calling for a reality check on the current surge of tech skills and development. Acknowledging PM Modi’s confidence in India’s fast-expanding developer population, Murthy points to a major gap—India’s growth isn’t yet reaching the rural workforce, a demographic crucial for sustainable national progress. “We … Read more
The S&P 500 (SNPINDEX: ^GSPC) is regarded by many as the best overall gauge of the U.S. stock market, as it includes the 500 largest publicly traded companies in the country. Given the breadth of businesses that make up the index, it is considered to be the most reliable benchmark of overall stock market performance. … Read more