Employees stand near an The Amazon Inc. logo is displayed above the reception counter at the company’s campus in Hyderabad, India, on Friday, Sept. 6, 2019. Bloomberg | Bloomberg | Getty Images Amazon on Wednesday committed to investing over $35 billion in India’s cloud and artificial intelligence space by 2030, as hyperscalers race to get…
The fiancee of a man who died on a cruise ship has filed a wrongful death lawsuit against Royal Caribbean, alleging it negligently served him at least 33 alcoholic drinks and was liable for his death after crew members tackled him to the ground and stood on him with their full body weight. Connie Aguilar’s…
Elon Musk’s space exploration company SpaceX is preparing to list on the stock market next year in a move that could raise more than $25bn (£19bn) and value the business at more than $1tn, according to reports. SpaceX, which designs, builds and launches rockets, is said to have started discussions with banks about an initial…
South Korea has lodged a complaint with the Chinese and Russian defence attaches based in the country, a day after their warplanes entered its air defence zone. Seoul said it sent up fighter jets to “take tactical measures in preparation for any emergencies” after seven Russian and two Chinese military aircraft “briefly entered” the zone…
IndiGo, commanding approximately 65% of India’s domestic aviation sector, has cancelled over 5,000 flights this month. Fresh trouble for IndiGo? India’s largest airline by market share, IndiGo, may be in for more trouble after a week which saw thousands of flights being cancelled. India’s competition watchdog is considering launching an investigation into IndiGo to determine…
Coupang chief executive officer Park Dae-jun resigned over his failure to prevent South Korea’s largest-ever data breach, which set off a regulatory and political backlash against the country’s dominant online retailer. The company said in a statement on Wednesday that Park had stepped down over his role in the breach. It appointed Harold Rogers, chief…
“The United States was chosen,” the columnist George Vecsey wrote in the New York Times in 1994, “because of all the money to be made here, not because of any soccer prowess. Our country has been rented as a giant stadium and hotel and television studio.” Nobody could seriously doubt that. The USA had played…
Water is life. There’s no chance of survival without water and that’s why it has always been considered sacred. From ancient Vedic rituals to modern practices, water is used as a powerful channel for transferring intention, performing healing and transformation rituals. Today people are understanding the use of water for manifestation. The “water affirmations” have…
Key events Show key events only Please turn on JavaScript to use this feature Introduction: SpaceX aiming for $1.5tn valuation Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Elon Musk’s SpaceX is aiming to hold one of the biggest stock market listings of all time next…
Tech giants Amazon and Microsoft have announced a combined $52.5bn (£39.4bn) investment plan for India over the coming years. Amazon said on Wednesday it was pumping in $35bn into India by 2030 to advance AI-driven digitisation, export growth and job creation, a day after Microsoft committed $17.5bn strengthen the country’s AI ecosystem. India, which is…