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OpenAI Enters Its Focus Era by Killing S...

OpenAI Enters Its Focus Era by Killing Sora

OpenAI Enters Its Focus Era by Killing Sora **OpenAI Pivots Strategic Focus, Emphasizing Unified AI Assistant and Enterprise Solutions** **San Francisco, CA** – In a significant strategic realignment, OpenAI, the artificial intelligence research and deployment company behind the widely recognized... read more »

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Merck to buy Terns Pharmaceuticals for $...

Merck to buy Terns Pharmaceuticals for $6.7 billion to boost cancer pipelin...

Merck to buy Terns Pharmaceuticals for $6.7 billion to boost cancer pipeline **Merck Bolsters Oncology Arm with Acquisition of Terns Pharmaceuticals** **Rahway, NJ – [Insert Date]** – Merck & Co., Inc. (NYSE: MRK) announced today a significant strategic move to enhance its oncology pipeline... read more »

Its not just oil and gas. The Strait of ...

Its not just oil and gas. The Strait of Hormuz blockage is rattling another...

Its not just oil and gas. The Strait of Hormuz blockage is rattling another vital commodity **Strait of Hormuz Tensions Ripple Through Global Supply Chains, Beyond Energy Markets** The escalating tensions surrounding the Strait of Hormuz are casting a long shadow over global commerce, with analysts... read more »

Prediction markets' new insider tra...

Prediction markets' new insider trading restrictions aren't enoug...

Prediction markets' new insider trading restrictions aren't enough, bipartisan senators say ### Lawmakers Push for Stronger Oversight of Prediction Markets Amidst Insider Trading Concerns **Washington D.C.** – A bipartisan coalition of senators is voicing concerns that recent regulatory... read more »

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Economy

RBI outlines broad plans on $150 billion bank bad loan resolution

The Reserve Bank of India (RBI) outlined the broad contours of a plan to resolve the $150 billion bad debt problem plaguing the country’s banks Mumbai: The Reserve Bank of India (RBI) outlined on... read more »

GST: Govt dictating prices goes against free-marke...

In an interview  on Monday, revenue secretary, Hasmukh Adhia, gave out an explicit warning to companies planning to increase prices on products... read more »

Heavy Bikes, Luxury Yachts, Private Jets to Attract 31 ...

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Srinagar: Motorcycles of more than 350 cc engine capacity will attract a total of 31 percent tax under the GST regime, same as the tax incidence on private... read more »

Strong U.S. job growth, rising wages set stage for Fed ...

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WASHINGTON (Reuters) – U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the... read more »

Volkswagen pleads guilty in U.S. court in diesel emissi...

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DETROIT/WASHINGTON (Reuters) – Volkswagen AG pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements as part of a $4.3... read more »

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Investing

Lloyds, two others dismissed from yen Libor litigation in U.S

NEW YORK (Reuters) – A U.S. judge on Friday dismissed Lloyds Banking Group Plc , ICAP Europe Ltd and Tullett Prebon Plc as defendants from litigation alleging a conspiracy among many financial... read more »

Crunch week as Fed meets on rates, Trump team join...

LONDON (Reuters) – After a year that tipped conventional wisdom on its head, the coming week might suggest a return to some sort of normality... read more »

Some bank bulls grow wary on policy uncertainty

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(Reuters) – Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that higher interest rates,... read more »

State-owned carrier Air India understated losses –...

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NEW DELHI (Reuters) – India’s state-owned airline Air India understated its operating losses by nearly $1 billion over three fiscal years to March... read more »

India’s Avenue Supermarts IPO oversubscribed 106 ...

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MUMBAI (Reuters) – The last day of bidding for an initial public offering (IPO) by India’s Avenue Supermarts Ltd saw investors clamouring for the... read more »

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Gold & Metals

Gold remains weak on low demand; silver recovers

NEW DELHI: Gold prices fell further by Rs 75 to Rs 27,025 per ten gram at bullion market here today on subdued demand even as the metal strengthened overseas. Silver, however, found fresh buying... read more »

PRECIOUS-Gold rises 2 pct as year-end jitters knoc...

Gold rose 2 percent on Tuesday, while silver jumped more than 4 percent as the dollar weakened and stock markets slid, with concerns over tension... read more »

Gold futures rise to Rs. 26,812 per 10 gm

Gold prices rose 0.86 per cent to Rs. 26,812 per 10 grams at the futures trade today as speculators created fresh positions, taking positive cues from the... read more »

Gold steady at Rs 27,000 on scattered buying; silver re...

Gold prices on Wednesday held steady at Rs 27,000 per ten gram at the bullion market in the national capital on scattered buying by retailers. However, silver... read more »

Gold prices fall by 0.21 per cent in futures trade on g...

Gold prices eased by 0.21 per cent to Rs 26,800 per 10 grams in futures trade on Tuesday, tracking a weak global trend, as speculators offloaded their... read more »

More from Business

Jury finds Meta violated New Mexico law in child sex exploitation case

Jury finds Meta violated New Mexico law in child sex exploitation case ## Meta Found Liable for Negligence in New Mexico Child Safety Trial **ALBUQUERQUE, NM** – A jury in New Mexico has... read more »

Senate Probers: Stevens Didn't Have to Die in Benghazi

Senate approves Markwayne Mullin as next DHS secretary

Senate approves Markwayne Mullin as next DHS secretary ### Senate Confirms Senator Mullin for Department of Homeland Security Leadership **Washington D.C.** – The United States Senate has... read more »

Oil rises with Brent crossing $100 a barrel again as Middle East tensions keep traders on ...

Oil rises with Brent crossing $100 a barrel again as Middle East tensions keep traders on edge **Crude Surges Past $100 as Geopolitical Uncertainty Dominates Markets** **London, UK** –... read more »

Japan reports lower-than-expected core inflation for February, headline CPI eases for a fo...

Japan reports lower-than-expected core inflation for February, headline CPI eases for a fourth month ## Japanese Inflation Cools Sharply in February, Underscoring Economic... read more »

The AI Race Is Pressuring Utilities to Squeeze More From Europes ...

The AI Race Is Pressuring Utilities to Squeeze More From Europes Power Grids ## Europe’s Power Grids Face Unprecedented Demand Amidst AI Boom **Brussels, Belgium** – The burgeoning demand for... read more »