Alphabet CEO Sundar Pichai to join tech leaders at Trump inauguration
Sundar Pichai, pictured above [File] | Photo Credit: AP Alphabet CEO Sundar Pichai is among the Big Tech leaders planning to attend U.S. President-elect Donald Trump’s inauguration on Monday, a person familiar with the matter told Reuters on Wednesday. Apple’s Tim Cook will also be attending the event, Bloomberg News
Dollar strength reminds Wall Street ‘U.S. exceptionalism’ isn’t isolationism
Jamie McGeever While “U.S. exceptionalism” has undoubtedly helped drive Wall Street’s record-busting returns in recent years, it should not be confused with isolationism. The fourth-quarter U.S. earnings season that gets underway in earnest this week is a reminder that American firms–magnificent as some may be–still operate in a global marketplace.
U.S. importers rush in goods from China as Trump tariff threat looms
U.S. imports from China finished the year strong after some companies stockpiled shipments of apparel, toys, furniture and electronics ahead of President-elect Donald Trump’s plan to impose new tariffs that could revive a trade war between the world’s economic superpowers. Mr. Trump, who has threatened to slap tariffs of 10%
Swiss Defense Minister Resigns Amid Criticism Over Military
(Bloomberg) — Swiss defense minister Viola Amherd announced her resignation, in an unexpected move that comes amid criticism of procurement projects for the nation’s military. Amherd, 62, had been a member of Switzerland’s executive since 2019, spending all of that time leading the defense department. She will step down on
How Beijing is seeking to jump-start wavering economy
As China’s economy struggles, officials in Beijing have the arduous task of formulating a policy response that can ensure sustainable growth in what promises to be a challenging year ahead. Sluggish domestic spending, a years-long property market slump and the prospect of an intensified trade war after US President-elect Donald
Aditya Birla Fashion to raise $500 million equity via preferential issue, QIP
The board of Aditya Birla Fashion and Retail Ltd on Wednesday approved raising of $500 million through a combination of preferential issuance and Qualified Institutional Placement (QIP) of equity shares. The preferential issuance of $275 million will be led by the promoter group investing $150 million and Fidelity Investments
HDFC Life Q3 net rises 14% to ₹415 cr., total income declines 37%
HDFC Life reported a nearly 14% increase in December quarter net profit to ₹414.94 crore compared to ₹365.06 crore in the year earlier. Total income of the private life insurance company declined almost 37% at ₹16,914.07 crore (₹26,695.93 crore) on the back of a slump in income from investments to
Former Bernie Sanders campaign manager Faiz Shakir enters DNC Chair race
Faiz Shakir, who led Bernie Sanders’ 2020 presidential campaign, is jumping into the race for chair of the Democratic National Committee — injecting a new candidate into the low-key contest. Shakir confirmed his candidacy in a text message to POLITICO. The New York Times first reported Shakir’s decision. Shakir’s late
‘India, China growth to soften in 2025’
India and China will see softer growth in 2025, relative to their economies’ 2024 performance, with the U.S. trade policy posing material risks for the Asia Pacific region even though India and some Southeast Asian economies could see some gains from strains in U.S-China economic ties, Moody’s Ratings said on
FiRa Consortium Unveils FiRa Core 3.0 Specifications and Certification Program
Beaverton, Ore., United States: The FiRa® Consortium announces the release of its Core 3.0 Specifications and Certification Program, notable milestones in ultra-wideband (UWB) technology development. These updates enhance UWB’s capabilities, enabling seamless interoperability and unlocking new possibilities for precise and secure ranging and positioning in