WASHINGTON, Dec 12 : Investors eyeing SpaceX’s potential blockbuster IPO may need to brace themselves as CEO Elon Musk balances his risky quest to reach Mars with growing the revenue-rich Starlink satellite broadband business that would offer…
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Former Iraqi President Salih slated to lead UN refugee agency
A signed letter from Guterres, dated Thursday and addressed to Atsuyuki Oike, Japan’s top diplomat in Geneva and chair of UNHCR’s executive committee, that was seen by news agencies, confirmed the appointment pending formal approval,…
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Pakistan to allow Binance to explore ‘tokenisation’ of up to $2 billion of assets
KARACHI, Dec 12 : Pakistan has signed a memorandum of understanding with crypto exchange Binance to explore the “tokenisation” of up to $2 billion in sovereign bonds, T-bills and commodity reserves to boost liquidity and attract investors, the…
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Broadcom shares fall as margin warning sparks AI payoff worries
Dec 12 : Broadcom shares fell more than 11 per cent on Friday after the chipmaker warned growing sales of lower-margin custom AI processors were squeezing profitability, sparking worries that the business may be less lucrative.
The warning on…
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Why 75% Of India’s New Mutual Fund Investors Quit Early
India’s booming SIP inflows may be hiding a troubling truth: while money pours in at record levels, most investors are…
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Foxconn to invest $510 million in Kaohsiung headquarters in Taiwan
TAIPEI, Dec 12 : Foxconn, the world’s largest contract electronics maker, said on Friday it will invest T$15.9 billion ($509.94 million) to build its Kaohsiung headquarters in southern Taiwan.
That would include a mixed-use commercial and office…
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Meesho Surges 46% On Debut; IPO Allottees Pocket Up To ₹97,000 On Listing Day
Meesho made a stellar debut on Wednesday, listing at a 46.4% premium over its IPO price and delivering significant early…
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US raids cargo ship travelling from China to Iran
Washington DC [US], December 13 (ANI): US forces raided a cargo ship travelling from China to Iran last month, according to the Wall Street Journal, in the latest reported instance of increasingly aggressive maritime tactics by the administration…
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SBI Loans To Be Cheaper As It Passes RBI Rate Cut Benefit To Borrowers
New Delhi:
The country’s largest lender…
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Netflix’s $72 billion Warner Bros deal faces skepticism over YouTube rivalry claim
NEW YORK, Dec 12 : Netflix says it must acquire Warner Bros Discovery to compete with YouTube, but antitrust experts doubt regulators will buy that argument.
The streaming giant’s $72 billion takeover of Warner Bros Discovery’s studios and HBO…
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