Business
Australia’s Firmus Cuts IPO Price 25% as AI Investors Turn Cautious
Australia’s Firmus is considering a 25% IPO price cut as investors question its valuation, debt and execution risks amid growing…
Archive
Business
5
Business
ElevenLabs Plans Hundreds of Millions of Dollars in India
ElevenLabs plans to invest hundreds of millions of dollars in India, expanding local teams, AI model development and support for…
Business
Vitol Warns Tanker Shortage Could Push Oil Toward $200 a Barrel
Vitol CEO Russell Hardy warns that a worsening tanker shortage could send oil toward $200 a barrel if Middle East…
Business
Becton Dickinson Plans $3 Billion U.S. Manufacturing Expansion to Strengthen Medical Supply Chains
Becton Dickinson plans to invest $3 billion in U.S. manufacturing as part of a $19 billion domestic commitment, expanding medical…
Business
DeepSeek Nears $12 Billion Funding Round Backed by Tencent
DeepSeek is reportedly set to raise more than 80 billion yuan, or nearly $12 billion, in a funding round backed…
Business
SpaceX Shares Jump 7.6% as Musk Pushes ‘Super Intelligence’ Branding
SpaceX shares rose 7.6% to $171.09 as Elon Musk backed a SpaceXAI-to-SpaceXSI rebrand and Morgan Stanley reiterated a $300 target,…
Business
Gulf Oil Exports Recover to 81% of Pre-War Levels, but Fuel Supply Remains Tight
Gulf oil exports recovered to about 81% of pre-war levels in September, led by stronger crude shipments, while refined-fuel supplies…
Business
Nippon Paint Expands Asia-Pacific Reach With $1.35 Billion AkzoNobel Deal
Nippon Paint will acquire AkzoNobel’s decorative paints operations across seven Asia-Pacific markets in a $1.35 billion deal, with Indonesia expected…
Business
Schneider Electric Expands Industrial Software Footprint With $22.6 Billion PTC Takeover
Schneider Electric has agreed to acquire PTC for $205 a share in cash, valuing the industrial software company at $22.6…
Business
Alaska Airlines Shifts Toward Premium Travel as SFO Economy Capacity Shrinks
Alaska Airlines is increasing premium seating and targeting higher-value travel while its SFO network operates with less capacity, although Saver…
Business
Musk Plans SpaceXAI Rebrand as SpaceXSI Following US Shift to ‘Super Intelligence’ Terminology
Elon Musk says SpaceXAI will become SpaceXSI after a Trump executive order directed U.S. federal agencies to use “Super Intelligence”…
Business
Microsoft Says Xbox Is Not for Sale as Gaming Business Restructures
Xbox CEO Asha Sharma has rejected speculation that Microsoft plans to sell its gaming business, even as Xbox undergoes layoffs,…
Business
India Pushes Domestic Rare-Earth Magnet Capacity to Cut Import Dependence
India is building domestic rare-earth permanent magnet capacity through a ₹7,280 crore scheme targeting 6,000 tonnes a year as demand…
Business
IndianOil Plans ₹20 Packaged Water Brand, Expanding Beyond Fuel
IndianOil proposed launching packaged drinking water priced at ₹20 for a one-litre bottle across its retail network, as part of…
Business
Medimix Founder Dr. V.P. Sidhan Turned Railway Workers’ Skin Concerns Into a Soap Business
How railway doctor Dr. V.P. Sidhan turned a practical skin-care problem into Medimix, building an Ayurvedic soap business that began…
Business
Why Casinos Use Bold Carpet Designs to Shape the Gaming Environment
Casino carpets use bold patterns for durability, branding, acoustics and spatial design, but research offers little evidence that flooring alone…
Business
China Produces 94% of Global Rare-Earth Magnets: Why It Matters
China produced 94% of global sintered rare-earth permanent magnets in 2024, highlighting a highly concentrated supply chain for EVs, energy…
Business
Jio Platforms IPO Nears: Key Details Ahead of Expected October Listing
Jio Platforms is moving closer to its IPO after SEBI clearance, with a 27 crore-share fresh issue and an October…
Business
Revolut’s $115 Billion Valuation: How Europe’s Fintech Giant Is Challenging Traditional Banks
Revolut’s $115 billion private valuation reflects rapid customer and profit growth, but lending, regulation and primary-account adoption remain key challenges
Business
The Global Race to Secure Critical Minerals Is Accelerating
Governments are racing to secure lithium, copper, nickel, cobalt, graphite and rare earth supplies as energy, technology and defence demand…
Business
Why Copper Is Becoming Critical to the Global Energy Transition
Copper is becoming central to grids, EVs, renewables and data centers as demand rises while new mines face long development…
Business
US Adds Just 29,000 Jobs in September as Unemployment Rises to 4.2%
US payrolls rose by just 29,000 in September 2026, well below expectations, while unemployment increased to 4.2% and earlier job…
Business
Indian Startups Raise $233.6 Million Across 16 Deals in Latest Funding Week
Indian startups raised $233.6 million across 16 funding deals between September 28 and October 2, led by Simple Energy’s $180…
Business
Vietnam GDP Growth Hits 9.95% in Q3, Fastest Since 2022
Vietnam’s economy grew 9.95% in Q3 2026 as exports, industrial output and investment accelerated, while inflation and energy costs remained…