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NEWS

World Bank to Commit $8–10 Billion Annually to India Under New Five-Year Partnership

By Cygnus | 30 Jan 2026

The World Bank will commit $8–10 billion annually to India over the next five years under a new partnership focused on jobs, infrastructure, and private investment-led growth.

India Sets February 5 Deadline for Financial Bids in IDBI Bank Privatization

By Axel Miller | 30 Jan 2026

India has set a February 5 deadline for financial bids in the privatization of IDBI Bank, moving closer to selling a controlling 60.7% stake in the state-backed lender.

Sandisk forecasts profit surge as AI boom drives flash storage demand

By Axel Miller | 30 Jan 2026

Sandisk forecasts a massive profit surge as AI data centers drive soaring demand for flash storage, highlighting how the AI boom is now lifting the entire hardware stack.

Trump threatens aircraft tariffs and Canadian plane decertification in Gulfstream dispute

By Cygnus | 30 Jan 2026

Trump threatens 50% tariffs on Canadian-made aircraft and raises decertification risks amid a dispute over Gulfstream jet approvals, shaking the North American aerospace industry.

Amazon in Talks to Invest Up to $50 Billion in OpenAI as AI Funding Race Intensifies

By Axel Miller | 30 Jan 2026

Amazon is in talks to invest up to $50 billion in OpenAI as the AI funding race escalates, potentially valuing the ChatGPT maker near $830 billion and reshaping the global AI infrastructure battle.

China Conditionally Clears DeepSeek to Purchase Nvidia H200 AI Chips

By Cygnus | 30 Jan 2026

China has conditionally approved AI startup DeepSeek to buy Nvidia’s H200 chips, signaling a strategic shift to boost AI growth despite chip self-reliance goals.

Carlyle Group Moves to Acquire Lukoil’s Overseas Assets Amid Sanctions Pressure

By Axel Miller | 29 Jan 2026

Carlyle Group moves to acquire most of Lukoil’s foreign oil assets in a $22 billion sanctions-driven deal, reshaping global energy ownership in 2026.

Tesla Plans $20 Billion Capex Surge to Accelerate Shift Beyond Traditional EVs

By Cygnus | 29 Jan 2026

Tesla will spend over $20 billion in 2026 to accelerate its shift into AI, robotics and autonomous vehicles, retiring legacy EV models to free factory capacity.

Alibaba Set to Merge Autonomous Driving Unit with Zelos in $2 Billion Deal

By Axel Miller | 29 Jan 2026

Alibaba’s Cainiao plans to merge its autonomous driving unit with Zelos in a $2 billion deal to scale driverless delivery across China.

ABB gives confident 2026 outlook, launches $2 billion share buyback after record year

By Axel Miller | 29 Jan 2026

ABB signals strong 2026 growth after record earnings, launching a $2 billion buyback as AI data center demand boosts orders and margins.

Tesla invests $2 billion in xAI as Cybercab production target stays on track

By Cygnus | 29 Jan 2026

Tesla invests $2 billion in Elon Musk’s AI startup xAI while keeping Cybercab robotaxi production on track and sharply increasing capital spending in 2026.

Starbucks signals U.S. growth revival as CEO Niccol's turnaround takes hold

By Cygnus | 28 Jan 2026

Starbucks posted its first U.S. sales growth in nearly two years as CEO Brian Niccol's turnaround gains traction, sending shares higher and restoring guidance.