NEWS
Biggest IKEA retailer to channel $1 billion into recycling ventures
15 Jan 2025
The investment division of the Ingka Group, recognized as the foremost global IKEA retailer, has unveiled plans to channel €1 billion ($1.03 billion) into recycling enterprises.
Oil edges upward, but ambiguity over sanctions restrains momentum
15 Jan 2025
Oil prices rose on Wednesday, reversing a part of an earlier session’s decline. The reason – apprehensions over potential disruptions tied to sanctions on Russian oil tankers
EU revisits antitrust scrutiny on Apple, Google, and Meta
14 Jan 2025
In what could become a dramatic turnaround, the European Union is reevaluating its scrutiny of tech behemoths, including Apple, Meta, and Google.
US tightens control over global AI chip exports
13 Jan 2025
The U.S. government announced new measures on Monday, 13th January 2025, to further restrict exports of artificial intelligence (AI) chips and technology.
Steady GDP growth and rate cuts in 2025 to boost corporate credit access in FY26: Fitch
13 Jan 2025
India’s steady economic growth, an improved banking sector, and anticipated interest rate cuts in 2025 are set to enhance credit access for corporates in the financial year 2025-26
Biden administration delays enforcement of order blocking Nippon Steel and U.S. Steel deal
By Axel Miller | 13 Jan 2025
The Biden administration has delayed enforcing its order for Nippon Steel to abandon its $14.9 billion bid for U.S. Steel until June
Google CEO Sundar Pichai unveils 2025 prospects in internal communication: Report
13 Jan 2025
Google’s chief executive officer, Sundar Pichai, has provided a tantalizing preview of the tech titan’s forthcoming advancements in artificial intelligence
Oil prices rise as US sanctions target Russian exports to China and India
13 Jan 2025
Oil prices continued their upward trajectory for the third consecutive session on Monday, with Brent crude crossing $80 per barrel for the first time in over four months.
Bezos’ Blue Origin prepares for debut New Glenn rocket launch
By Axel Miller | 13 Jan 2025
Blue Origin, the aerospace company founded by Jeff Bezos, is gearing up for a groundbreaking move.
GSK to acquire biotech company IDRx for up to $1.15 billion
By Cygnus | 13 Jan 2025
British pharmaceutical titan GSK has announced its intention to acquire the Boston-based biotech innovator IDRx for up to $1.15 billion.
Perplexity AI looks for talent to expand in India
12 Jan 2025
Perplexity AI the start-up that launched an AI-powered search engine in 2022, facilitating a speech based open source search
Berger, JSW look to acquire Akzo Nobel’s decorative paints business in India
11 Jan 2025
Berger Paints and JSW Paints are looking at acquiring Akzo Nobel, the maker of Dulux paints, as the Dutch multinational has started a review if its decorative pains business in South Asia.