[ad_1] Nvidia became the first company in history to achieve a $4-trillion market valuation, cementing its status as a kingpin in the global financial market.Shares jumped 2.8% to $164 on Wednesday to crack the milestone, marking a stunning rebound following a rough start to the year, when spending fears sparked by China’s DeepSeek, along with US President Donald Trump’s trade

[ad_1] NEW YORK: Samsung is ready to shift a part of its smartphone production from Vietnam, if US tariffs become lower in India. This would see the world’s biggest smartphone maker following American rival Apple in making India a top hub for making smartphones for the US market.“Samsung has production presence in several countries. Uncertainty in the US is currently

[ad_1] NEW DELHI: In his latest salvo against US trading partners, US President Donald Trump threatened aggressive tariffs on drug imports, raising fresh concerns for the export-intensive domestic pharma sector. “Pharma is going to be tariffed at a very, very high rate, like 200%,” Trump said late on July 8. Tariffs on pharmaceuticals would come into effect after a grace

[ad_1] MUMBAI: In a move reminiscent of Hindenburg going short on Adani Group, US-based financial researcher Viceroy Research said Wednesday it was “shorting” the debt stack of metal tycoon Anil Agarwal-controlled Vedanta Resources, the UK-based parent of Mumbai-listed miner Vedanta, as it believes the entire group structure is ‘financially unsustainable’, operationally compromised, ‘a house of cards’, poses severe risks to

[ad_1] Boxes of various Kellogg’s cereals are displayed on shelves at a Walmart Supercenter on May 6, 2025 in Austin, Texas. Brandon Bell | Getty Images Shares of WK Kellogg soared more than 50% on Wednesday following a report that chocolate maker Ferrero is close to a roughly $3 billion deal to buy the cereal company. The Italian company known

[ad_1] Catastrophic flooding in Texas has killed over 120 people, with 173 still missing after the Guadalupe River became a deadly “tsunami,” rising 26 feet in 45 minutes. This tragedy in “flash flood alley” reflects a national crisis: extreme weather events are now 58% more frequent than in the 1980s, yet public attitudes and infrastructure haven’t adapted. According to an

[ad_1] At the annual Sun Valley “summer camp for billionaires” on Tuesday (July 8), OpenAI CEO Sam Altman took a jab at former partner Elon Musk while weighing in on Musk’s crumbling relationship with President Donald Trump, during a conversation with The New York Post. From allies to adversaries Altman and Musk co-founded OpenAI in 2015 but had a falling

[ad_1] US President Donald Trump is speeding up his search for Jerome Powell’s replacement as Federal Reserve chair, targeting candidates who support faster interest rate cuts. Powell’s term ends in May 2026, but Trump may announce a successor this summer to pressure the current chair. Who are the top contenders? Top contenders include Treasury Secretary Scott Bessent, Fed Vice Chair

[ad_1] S President Donald Trump on Wednesday (July 9) said he believed a ceasefire agreement between Israel and Hamas was imminent. “I will tell you, we’re getting very close to a deal,” Trump said. “We want to have a ceasefire. We want to have peace. We want to get the hostages back. And I think we’re close to doing it.”

[ad_1] US President Donald Trump admitted on Wednesday (July 9) that he remains unsure who ordered the temporary halt of weapons shipments to Ukraine, even after reversing the decision and approving more aid. “Yesterday, you said that you were not sure who ordered the munitions halted to Ukraine. Have you since been able to figure that out?” a reporter asked

[ad_1] MUMBAI: After a few months of flat growth in inflows by retail investors through SIPs in mutual fund schemes, the northward movement is back. In June, gross inflows through SIPs in MFs – an investment segment within the MF industry that is dominated almost entirely by retail investors – touched a new all-time peak at Rs 27,269 crore.This showed

[ad_1] As Linda Yaccarino steps down from her high-profile role as CEO of X, financial details about her career and compensation are drawing fresh attention. According to Market Realist, Yaccarino boasts a net worth of approximately $40 million, built through decades of work in media, advertising, and most recently, at the helm of Elon Musk’s social media platform. Yaccarino, a

[ad_1] Dr. Ranjan Pai, Chairman, Manipal Education and Medical Group. Manipal Hospitals on Wednesday (July 9, 2025) evening said it signed definitive agreements to acquire Pune-based Sahyadri Hospitals from Ontario Teachers’ Pension Plan (Ontario Teachers’) for around ₹6,000 crore. Ontario Teachers’ is a Canadian global investor with net assets of $194 billion as of December 31, 2024.  The acquisition of Sahyadri

[ad_1] Google could face massive EU fines after failing to resolve a fight over its search results. At a July 7-8 workshop, Google suggested putting competitors like Skyscanner and Booking.com in a special box at the top of travel search pages.  Critics immediately rejected both options, arguing they still favor Google’s own services like Google Hotels and Google Flights. The

[ad_1] A major new survey shows the United States is seen as the most important ally by people in 15 countries, but also viewed as the greatest threat by those in eight nations. The Pew Research Center asked 31,938 adults across 25 countries to name their nation’s top ally and biggest threat without suggesting choices. Israel showed the strongest US

[ad_1] South Korean court has approved the arrest of ousted former President Yoon Suk Yeol on serious criminal charges related to his brief imposition of martial law last December, marking a dramatic escalation in the legal battle surrounding his failed attempt to cling to power. The Seoul Central District Court granted special prosecutor Cho Eun-suk’s request on Wednesday, citing the

[ad_1] A day after the cloudburst was reported near Mukh village, close to Nandprayag Ghat in Chamoli district of Uttarakhand, the situation in the state has worsened with rivers flowing above danger mark and floods reported in various places. According to reports, Alaknanda river in Rudraprayag has swelled after heavy rainfall, submerging the idol of Lord Shiva, temples and ghats.

[ad_1] The Defence Research and Development Organisation (DRDO) has signed over 2,000 technology transfer agreements and issued more than 200 production licences so far in 2024, significantly advancing India’s push for self-reliance in defence manufacturing, a senior official said on Wednesday.“Over 2,000 agreements were signed for technology transfer licences,” said Dr Chandrika Kaushik, Director General (PC&SI), DRDO, speaking at the

[ad_1] Optical illusions have become quite the rage on social media. Beware, it is not as simple as it looks. The challenge seems straightforward at first glance: you are shown a grid of the repeated word ‘RAOR’ with one correctly written spelling hiding amidst the visual chaos. The twist? You only have seven seconds to find it! Some people can

[ad_1] Dr. Kevin O’Connor, Joe Biden’s ex-White House physician, declined to answer questions on Wednesday (July 9) on former US President’s fitness for office, during a closed-door interview with the House Oversight Committee, invoking his Fifth Amendment rights. His lawyer, David Schertler, said O’Connor was left with “no choice” but to plead the Fifth Amendment rights, citing his “ethical responsibilities

[ad_1] New Delhi: US President Donald Trump on Wednesday slashed tariffs for Sri Lankan goods to 30% from 44% previously as he unveiled his latest list of nations targeted with revised duties. Nations on his list also included the Philippines, Brunei, Moldova, Algeria, Iraq, and Libya under his “reciprocal tariff” framework. The Philippines, which was earlier slated to face a

[ad_1] X CEO Linda Yaccarino stepping down | Photo Credit: NATHAN HOWARD Elon Musk-owned social platform X’s CEO Linda Yaccarino said on Wednesday she would step down from the role in a surprise move. Her exit comes at a difficult time for Musk, who is dealing with falling sales at his EV maker Tesla and is embroiled in a war

[ad_1] A sharp rise in US-bound shipments of antimony from Thailand and Mexico has reportedly emerged since China imposed export curbs last year, highlighting how global supply chains are being re-routed to work around geopolitical restrictions.According to customs and shipping data reviewed by Reuters, more than 3,800 metric tons of antimony oxides were imported into the United States from the

[ad_1] Former New York Giants quarterback Eli Manning is no longer interested in buying a minority stake in his old team, telling CNBC Sport Wednesday that he’s been priced out. “Basically, it’s too expensive for me,” Manning told CNBC Sport in an interview. “A 1% stake valued at $10 billion turns into a very big number.” Manning’s comments come as

[ad_1] NEW DELHI: The road transport and highways ministry will now give higher scores to project consultancy firms that have good technical strength and better ratings based on their previous works, and submit the maximum bank guarantee (BG), as it does away with the norm of accepting lowest price (L1) bid for preparation of detailed project reports (DPRs).As per the