Beijing won’t shout about it, but the American and Israeli attacks on Iran stand to benefit President Xi Jinping — by helping fend off the specter of deflation. The conflict may do some of the Chinese central bank’s work for it. Once a fairly uncontroversial prediction, interest-rate cuts look less of a sure thing.   …
MUMBAI: Women borrowers now account for Rs 76 lakh crore of credit, or 26% of total system credit in 2025, marking a near five-fold rise since 2017 and signalling a structural shift in India’s credit landscape.A joint report by TransUnion CIBIL, Niti Aayog’s WEP, and MicroSave Consulting said women are moving from being passive beneficiaries…
An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City. Mike Segar | Reuters Shares of Apple fell Tuesday after reports that the company is facing engineering challenges with its highly anticipated foldable iPhones. “Apple and the supply chain are working under a…
“Given global jet fuel exports are currently at their lowest point in four years, the same level of air travel demand will likely not be sustainable if disruptions persist, meaning airlines will likely have to increase prices further, and reduce the number of flights,” he said. Source link
 India has purchased maximum quantities of crude oil from Russia and Venezuela in the first six days of April at 659,000 barrels per day (bpd) and 612,000 bpd, respectively, according to data from ship-tracking firm Kpler. Crude oil loadings or purchases reflect volumes which are headed to India from the country of origin,…
Industrial engineering organizations see more than promise in AI technology — they’re starting to see results. According to the 2026 TE Connectivity Industrial Technology Index, more than 80% of industrial technology companies have already adopted AI at least to some extent, up from 69% the year before. The promise AI has shown in pilot deployments…
Aviation regulator, Directorate General of Civil Aviation (DGCA), has temporarily eased pilot flight duty time limitation (FDTL) norms for long-haul operations, a senior official said on Tuesday.The move is intended to ensure adequate pilot availability and maintain smooth flight operations, Joint Secretary in the Ministry of Civil Aviation, Asangba Chuba Ao, said during a media…
The music giant behind acts such as Taylor Swift and Sabrina Carpenter gets an offer from Bill Ackman’s Pershing Square. Source link
Jonathan Raa | Nurphoto | Getty Images Shares in Broadcom rose 3.7% in premarket trading on Tuesday after the chip designer announced it would produce future versions of artificial intelligence chips for Google, and signed an expanded deal with Anthropic. The latter deal will give the AI startup access to about 3.5 gigawatts worth of computing…
Activist investor Pershing Square said Tuesday it is planning to buy Universal Music Group in a cash and stock deal worth about 55.8 billion euros ($64.4 billion). Under the terms of the proposal, shareholders would receive a total of 9.4 billion euros ($10.85 billion) in cash and 0.77 shares of new stock for each share…