NEWS
Walmart reduces import dependence on China and shifts focus to India
30 Nov 2023
Walmart, the world's largest retailer, has significantly increased its imports from India while decreasing its reliance on China.
Emirates Airline President urges Rolls-Royce to focus on engine performance
30 Nov 2023
In the aftermath of Rolls-Royce's ambitious plan to quadruple profits, the President of Emirates Airline, Tim Clark, has called on the British firm to "go back to basics" and prioritize the performance of its engines.
Major U.S. health insurers Humana and Cigna set to enter merger discussions
30 Nov 2023
Cigna, a major health insurer in the U.S. healthcare sector, is reportedly engaged in discussions for a merger with its peer, Humana.
Berkshire Hathaway Vice Chairman Charlie Munger passes away at age 99
29 Nov 2023
Charles Thomas Munger, the oracle of Pasadena and one of the most important figures in Berkshire Hathaway, passed away on Tuesday, 28 November 2023, at the age of 99.
Indian markets make history, surpassing the $4 trillion market cap milestone for the first time
29 Nov 2023
Indian markets soared to new heights on Wednesday, 29 November 2023, as they achieved the historic $4 trillion market cap milestone for the first time.
Alipay exits India: Chinese payment giant to sell Zomato stake for nearly $400 million
29 Nov 2023
Alipay, the Chinese payments group, is set to divest its 3.4% stake in the Indian food delivery powerhouse Zomato for an estimated sum of almost $400 million.
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Tech giant Apple set to break ties with Goldman Sachs for credit card business
29 Nov 2023
Apple has decided to terminate its credit card partnership with banking giant Goldman Sachs. Apple had sent a proposal to the Wall Street Bank to end the contract in the next 12 to 15 months.
Adani Group nears Rs 11 lakh crore market cap amid ongoing investigation in the Adani-Hindenburg case
28 Nov 2023
In a remarkable market recovery witnessed on Tuesday, 28 November 2023, shares of various Adani Group entities, propelled the market capitalization of the Gautam Adani-led conglomerate close to the Rs 11 lakh crore mark.
The U.S. Appeals Court grants a favorable ruling to chemical manufacturers in the PFAS lawsuit
28 Nov 2023
The U.S. 6th Circuit Court of Appeals, based in Cincinnati, Ohio, delivered a favorable ruling on Monday, November 27, 2023, for 3M, E.I. du Pont de Nemours and Co.,
Strike breaks out as Gucci workers in Rome protest against relocation of creative office
28 Nov 2023
Gucci fashion house in Rome, Italy, saw an unprecedented strike by their employees on Monday, 27 November 2023. This strike was a result of the fashion giant’s decision to move its design house from Rome to Milan, Italy.
Western drugmakers pivot to India as tensions with China prompt supply chain shifts
27 Nov 2023
In a strategic move to reduce dependence on Chinese contractors in drug production, global pharmaceutical companies are turning to Indian manufacturers.
Ola CEO Bhavish Aggarwal announces new Indian AI chat app, Krutrim
27 Nov 2023
Bhavish Aggarwal, CEO of Ola Cabs, has announced on his social media X account that his company is working on a new AI project.
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