India IT ministry fears losing out to China, Vietnam in smartphone exports race

India wants 25% of global electronics manufacturing by 2029, but currently only 4% share it occupies
14 February 2024, 09:10 AM

Adani is a gift that will keep on giving

Adani Enterprises trades on a 12-month forward price-to-earnings multiple of 50 times, compared to 10 for Coal India, per LSEG data
14 February 2024, 07:47 AM

Boeing, pressured over 737 MAX 9 blowout, says January deliveries shrank 29%

Boeing said it delivered 27 airplanes in January, which was down 29 percent from the same month last year
14 February 2024, 05:48 AM

Apple, Microsoft win exemptions for iMessage, Bing from EU rules

Apple has won an exemption for its iMessage and Microsoft for its Bing search engine from new EU tech rules
14 February 2024, 05:38 AM

WTO: the sick man of global trade?

Has the World Trade Organization done enough for the global enemy ?
13 February 2024, 11:14 AM

AI frenzy puts Nvidia briefly ahead of Amazon in market value

At a record high of $734.96, Nvidia was worth $1.82 trillion in market value, compared to $1.81 trillion for retail giant Amazon.com
13 February 2024, 05:34 AM

Uber, Lyft, DoorDash drivers to strike on Valentine's Day for fair pay

Drivers of Uber, Lyft and food delivery app DoorDash are expected to go on strike across the United States on Valentine's Day for fair pay
13 February 2024, 05:24 AM

HC wants decision on 400 garments’ right to be BGMEA voters in 7 days

BGMEA election is scheduled to be held on March 9
12 February 2024, 15:28 PM

Ctg Int'l Trade Fair begins Thursday

It will be the 31st edition of the monthlong show
12 February 2024, 13:20 PM

Google pledges 25 million euros to boost AI skills in Europe

Google has pledged 25 million euros ($26.98 million) to help people in Europe learn to use AI
12 February 2024, 06:17 AM

Xiaomi says India's scrutiny of Chinese firms unnerves suppliers

Xiaomi informed the Indian government its worries regarding heavy scrutiny of Chinese companies by the government,
12 February 2024, 06:04 AM

Tesla temporarily slashes prices for some Model Y cars in the US

Tesla has temporarily cut prices of some of its Model Y cars in the US until February 29
11 February 2024, 05:33 AM

Jeff Bezos sells off $2 billion in Amazon shares

Jeff Bezos has sold off about $2 billion in shares of Amazon, according to stock market filings.
11 February 2024, 05:21 AM

Oil investors are adrift in Red Sea rip currents

Weak demand so far has kept oil prices stable amid the Red Sea crisis, but it could change
10 February 2024, 11:46 AM

Nissan shares see biggest plunge in two decades as China worries deepen

Shares in Nissan Motor tumbled 12 percent on Friday, their biggest decline in more than two decades
10 February 2024, 06:43 AM

Apple to settle trade secrets lawsuit against chip startup Rivos

Apple plans to settle a lawsuit that accused tech startup Rivos of stealing its trade secrets
10 February 2024, 05:43 AM

OpenAI hits $2 billion revenue milestone

Microsoft-backed OpenAI hit the $2 billion revenue milestone in December, the Financial Times reported on Friday
10 February 2024, 05:29 AM

Alibaba boosts share buy back as revenues miss estimates

Alibaba's net income was 10.7 billion yuan ($1.51 billion), a decrease of 77 percent
8 February 2024, 11:38 AM

Apple is developing foldable clamshell iPhones

Apple is building clamshell foldable prototypes of at least two iPhones , The Information reported on Wednesday
8 February 2024, 05:33 AM

Uber expects strong core profit as ride share, food delivery pick up pace

Uber expects earnings of $1.26 billion to $1.34 billion in the quarter ending March
8 February 2024, 05:17 AM