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AI part of another tech layoff as Wix CE...

AI part of another tech layoff as Wix CEO announces 20% workforce cut

AI part of another tech layoff as Wix CEO announces 20% workforce cut **Wix Announces Significant Workforce Reduction Amidst Strategic Realignment** **Tel Aviv, Israel – [Insert Date]** – Wix.com Ltd., a leading global platform for website creation, has announced a substantial reduction in its... read more »

This AI stock is surging after an ex-Ope...

This AI stock is surging after an ex-OpenAI employee's fund disclosed ...

This AI stock is surging after an ex-OpenAI employee's fund disclosed a stake. Here's why ## Investment Surge Propels Nebius Amidst Strategic Stake Acquisition **Amsterdam, Netherlands – [Insert Date]** – The stock of Nebius, a prominent Dutch cloud infrastructure provider,... read more »

New York passes Mamdani's pied-a-te...

New York passes Mamdani's pied-a-terre tax. Here's who pays and h...

New York passes Mamdani's pied-a-terre tax. Here's who pays and how much **New York City Enacts Luxury Residence Tax Amidst Debate** New York City has officially passed a new tax targeting high-value residential properties, a move that has ignited considerable discussion regarding its... read more »

Illinois Lawmakers Just Passed Americas ...

Illinois Lawmakers Just Passed Americas Strongest AI Safety Bill

Illinois Lawmakers Just Passed Americas Strongest AI Safety Bill ## Illinois Legislators Advance Landmark AI Governance Framework **SPRINGFIELD, IL** – In a significant move towards preemptive regulation of artificial intelligence, the Illinois General Assembly has passed a comprehensive bill... read more »

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Economy

India’s Avenue Supermarts IPO oversubscribed 106 times

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

India’s industrial output up 2.7 percent in ...

NEW DELHI (Reuters) – India’s industrial output rose 2.7 percent in January from a year earlier, government data showed on Friday. ... read more »

Volkswagen, Tata Motors plan to cooperate in India

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NEW DELHI/FRANKFURT (Reuters) – German carmaker Volkswagen said on Friday it had signed a memorandum of understanding to explore a partnership with Tata... read more »

Doha Bank looking at setting up subsidiary in India

Doha Bank, one of the largest commercial banks of Qatar, is looking at the possibility of setting up a subsidiary in India, an top official of the bank today... read more »

BRICS bank to start lending in local currency by April

The New Development Bank (NDB), set up by five BRICS nations including India, will start lending in local currency by April next year and member countries will... read more »

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Investing

Gold Tumbles to More Than Five-Year Low, China Shares Eke Out Gai...

Gold prices tumbled to a more than five-year low Monday, and China shares rose modestly, after authorities’ weekend move to tighten the use of informal lending channels by stock investors. Gold... read more »

Rupee at at 63.39

The benchmark BSE Sensex trimmed initial gains and fell by 9 points in late morning trade, dragged down by FMCG sectors, while fresh selling was seen... read more »

Gold drops Rs 400, silver plunges by Rs 1,350

Gold, silver prices rise on brisk buying, global cues

Gold prices tumbled by Rs 400 to hit one-week low of Rs 26,750 per 10 grams at the bullion market today amid a weak global trend and low demand from jewellers... read more »

Gold futures gain 0.15% on firm global cues

NEW DELHI: Gold prices increased by 0.15 per cent to Rs 25,796 per 10 grams in futures trading today as speculators enlarged positions amid a better trend... read more »

Government cuts import tariff on gold and silver

NEW DELHI: The government has slashed import tariff value on gold to $375 per 10 grams and silver to $512 per kg following weak global price trends. During the... read more »

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Gold & Metals

Gold tumbles, dips to over 3-month low on global cues

Gold prices tumbled by Rs. 440 to hit over three-month low of Rs. 27,010 per ten gram in the national capital today on heavy selling by stockists, triggered by a weakening global trend. Besides,... read more »

Gold inches up for third day; Fed eyed for rate ou...

SINGAPORE: Gold inched up for a third straight session on Wednesday as speculation mounted that the Federal Reserve would vow to maintain interest... read more »

Gold, silver up on increased buying, firm global cues

Gold prices rose further by Rs. 10 to Rs 27,460 per 10 grams in the national capital on Tuesday, on increased buying by jewellers and retailers for the... read more »

Gold price ends at fresh 3-month low of Rs 27,415 per t...

New Delhi: Gold prices fell further by Rs 195 to close at fresh three-month low of Rs 27,415 per ten gram in the national capital Friday on continued selling... read more »

Gold at three-month low on global cues

Extending losses for the eighth straight day, gold prices tumbled to trade at a three-month low of Rs. 27,600 per ten gram by falling Rs. 150 in the national... read more »

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Snowflake rockets 35% on earnings beat and plan to spend $6 billion on Amazon cloud

Snowflake rockets 35% on earnings beat and plan to spend $6 billion on Amazon cloud **Snowflake Deepens AWS Partnership, Unveils Ambitious Cloud Investment Strategy** **SAN MATEO, CA –... read more »

What Pope Leo XIVs First Encyclical Says About the Power of AI

What Pope Leo XIVs First Encyclical Says About the Power of AI ## Pontiff Sounds Alarm on Digital Dominance in Inaugural Encyclical **Vatican City** – In his highly anticipated first... read more »

Why the Vatican Invited Anthropic to the Popes AI Encyclical Presentation

Why the Vatican Invited Anthropic to the Popes AI Encyclical Presentation **Vatican Forges New Frontier with AI Developer at Landmark Encyclical Debut** The Vatican has signaled a... read more »

SK Hynix hits $1 trillion valuation as AI boom lifts South Korean chip stocks

SK Hynix hits $1 trillion valuation as AI boom lifts South Korean chip stocks **SK Hynix Surpasses $1 Trillion Market Cap Amidst AI-Driven Semiconductor Surge** Seoul, South Korea – South... read more »

Japan, South Korea stocks hit fresh records as markets weigh Iran...

Japan, South Korea stocks hit fresh records as markets weigh Iran tensions and ceasefire talks ## Asian Equities Ascend to New Peaks Amidst Geopolitical Crosscurrents **[City, Date]** – Equity... read more »