TCS Layoffs Signal Start of AI-Driven Job Cuts in India’s IT Sector
Key Points Indian outsourcing giant Tata Consultancy Services (TCS) is cutting over 12,000 jobs, a move that experts warn is just the beginning of a
Key Points Indian outsourcing giant Tata Consultancy Services (TCS) is cutting over 12,000 jobs, a move that experts warn is just the beginning of a
Key Points U.S. President Donald Trump is now threatening to hit China with more tariffs, a move aimed at punishing Beijing for buying Russian oil.
Key Points Honda’s first-quarter profits were cut in half, hit hard by a stronger yen and new U.S. tariffs imposed by President Donald Trump. Despite
Key Points President Trump revealed Tuesday that he has narrowed his list of potential nominees to replace Federal Reserve Chair Jerome Powell down to four
Key Points The Trump administration is turning up the heat on China and India, pushing them to stop buying Russian oil and cut off a
Key Points Oil prices are bouncing around as traders weigh two big, opposing forces: a major production increase from OPEC+ and a looming threat from
Key Points Union workers who build Boeing’s fighter jets in St. Louis have rejected the company’s latest contract offer and will go on strike at
Key Points U.S. President Donald Trump has unleashed a new wave of heavy tariffs on dozens of trading partners, sending global stock markets tumbling and
Key Points The Bank of Japan (BOJ) issued a stark warning on Friday, stating that profits at Japanese companies will likely fall this year due
Key Points U.S. inflation picked up in June, with prices for imported goods like furniture and clothing rising due to new tariffs. This supports the
Key Points The European Commission is considering a plan to group European companies to buy more U.S. liquefied natural gas (LNG). The move is part
Key Points Jet fuel from Asia is flooding into Europe, hitting a multi-year high in July as traders ship out their excess supply to cash
Key Points The Bank of Canada held its key interest rate at 2.75% for the third time in a row on Wednesday, citing ongoing uncertainty
Key Points Chinese rocket developer LandSpace Technology, a major rival to U.S. companies like SpaceX, is planning to go public. According to a document from
Key Points South Korean battery giant LG Energy Solution has signed a massive $4.3 billion contract to supply batteries to a major corporation. While LG
Key Points After two days of “constructive” talks in Stockholm, U.S. and Chinese officials have agreed to seek another extension of their 90-day tariff truce.
Key Points JPMorgan Chase is reportedly in advanced talks to take over Apple’s credit card program from Goldman Sachs. The move would see the largest
Key Points After years of spiraling from one crisis to another, Boeing is finally finding some stability under the leadership of its new CEO, Kelly
Key Points The United States and the European Union have struck a major new trade deal, imposing a 15% import tariff on most EU goods.
Key Points China’s largest e-commerce platforms are locked in a fierce price war over “instant retail,” where deliveries can arrive in as little as 30
Key Points The global entertainment and media industry is poised to grow into a $3.5 trillion behemoth by 2029, with the primary driver of this
Key Points Goldman Sachs and Bank of New York Mellon are set to announce a new platform that will allow their institutional clients to buy
Key Points As Intel prepares to report what is expected to be its sixth consecutive quarterly loss, investors are focused on the new CEO, Lip
Key Points Design software company Figma is aiming for a valuation of up to $16.4 billion in its upcoming initial public offering (IPO). The company
Key Points The head of the House committee on China is blasting the Trump administration’s decision to allow Nvidia to resume selling its H20 AI
Key Points The Bank of England has asked some major lenders to test their ability to withstand a major U.S. dollar shock, according to sources.
Key Points Chevron’s massive $53 billion acquisition of Hess Corp. can finally move forward after an arbitration panel ruled in favor of Hess in its
Key Points Canada’s Alimentation Couche-Tard has officially withdrawn its massive $46 billion bid to buy Seven & i Holdings, the Japanese company behind the 7-Eleven
Key Points U.S. President Donald Trump announced a new trade agreement with Indonesia, aimed at reducing a significant trade imbalance between the two countries. Under
Key Points U.S. consumer prices rose by their largest amount in five months in June, driven by higher costs for goods. The increase suggests that
Key Points China’s exports picked up speed in June as companies raced to ship goods before a potential trade war deadline with the United States.
Key Points The Brazilian government is trying to downplay the economic damage from a massive 50% tariff threatened by U.S. President Donald Trump. While officials
Key Points The head of a major German trade group is sending a clear message to European leaders: don’t rush into a bad trade deal
Key Points Prices at China’s factory gates are falling, and the drop in June was the worst in almost two years. This is a clear
Key Points Boeing had a strong month in June, delivering 60 airplanes, a 27% increase from the same time last year. A big reason for
Key Points President Donald Trump escalated his global trade war on Monday, formally notifying key U.S. allies, such as Japan and South Korea, that they