The Nifty 50 Index remained on edge on Friday as investors waited for the upcoming earnings by some of India’s biggest banks. It was trading at ₹25,720, down by 2.4% from its highest point this year. Top Indian banks to publish earnings The Nifty 50 Index, which tracks the biggest companies in…
Mitsubishi Corp. has agreed to acquire Aethon Energy Management LLC’s US natural gas production and pipeline assets for $5.2 billion, marking the largest purchase ever by a Japanese company in the American shale sector. Including debt, the deal values the assets at about $7.5 billion and significantly expands Mitsubishi’s footprint…
Global markets and geopolitics set the tone on Friday, with Asian equities advancing on renewed optimism surrounding artificial intelligence, the Japanese conglomerate Mitsubishi Corp. striking a landmark US shale acquisition, and US President Donald Trump making headlines regarding Venezuela and Gaza.Asian markets advance as AI optimism returnsAsian stocks moved higher…
Chow Tai Fook Jewellery Group, recognised as China’s preeminent jewellery seller, commands a vast retail network encompassing thousands of stores throughout mainland China and Hong Kong. With its dominance well-established in its domestic markets, the Group is strategically beginning to look beyond its traditional borders for new avenues of growth and…
Japan has joined a growing list of countries scrutinising X over Elon Musk’s artificial intelligence service Grok and concerns that the chatbot can be used to create and spread sexualised images of people without their consent. The development adds new pressure on the social media platform as regulators worldwide step…
Barclays share price has been in a strong bull run and is now hovering at its highest level on record. It has jumped in the last five consecutive months, and is up by 683% from its lowest level during the pandemic, bringing its market cap to over £67 billion. So,…
Interactive Brokers on Thursday expanded its crypto-linked services by allowing eligible clients to fund brokerage accounts using stablecoins, a move the firm says will provide faster, round-the-clock access to global markets. The announcement underscores growing efforts by traditional brokerages to match the speed and flexibility offered by crypto-native platforms.The brokerage…
Porsche share price continued its freefall on Friday after the company published the latest vehicle delivery data. It tumbled to €42.35, its lowest level since November 2021, and 14% below its highest level in November. It remains 61% below its all-time high.Porsche vehicle sales plungePorsche, one of the best-known vehicle…
As weight-loss drugs fuel a dramatic shift in American waistlines, Wall Street is eyeing an unexpected beneficiary of the trend: the airline industry.Analysts at Jefferies suggest that the widespread adoption of obesity drugs could lead to significant fuel savings for carriers, as lighter passengers reduce overall aircraft weight and enhance…
Canada is betting on a faster reset with China after months of trade disruption that hit farmers, seafood exporters, and the wider supply chain.During Prime Minister Mark Carney’s visit to China this week, Ottawa said it expects Beijing to cut tariffs on Canadian rapeseed, known locally as canola, by March…