Tag: business news
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U.S. reportedly considers use of ‘mother of all bombs’ as Iran vows to fight on
The U.S. military has reportedly drawn up options for strikes on Iran that include the potential use of one of the biggest non-nuclear bombs in its arsenal.
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Ukraine to resume strikes on Russian refineries, shattering hopes of an ‘energy ceasefire’
Ukraine will now resume attacks on Russian energy targets after Moscow hasn’t held up its end of the proposed deal brokered by Trump.
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India’s IDBI Bank falls 7% as government announces $5.5 billion stake sale to Canada’s Fairfax
The Indian government has been divesting its stake in several state-owned companies this year as it tries to keep its growth engine running amid deepening fiscal pressures.
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UK economy grew 0.1% in August, beating expectations
The U.K. is grappling with a cost-of-living crisis sparked by sticky inflation and surging energy costs.
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Anthropic’s third-quarter revenue is said to hit $16.8 billion ahead of IPO
Anthropic reports third-quarter stands at $16.8 billion ahead of its IPO.
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Meta- and Google-backed Jio Platforms to raise up to $3.2 billion in historic IPO in India
Jio’s share sale will be India’s largest ever in rupee terms, and second largest in dollar terms, trailing the Hyundai Motors IPO that raised $3.3 billion in 2024.
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Inside India newsletter: Billionaire Ambani’s mega-IPO faces a valuation reality check amid Musk spat
Jio Platforms, the company at the center of Musk’s remarks, is launching an IPO later this month.
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The energy sector is taking the bull market lead from tech. Here’s one way to play it
Marathon has climbed inside a well-defined channel since its 2020 low
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Berkshire Hathaway heads for 10th consecutive winning day. What’s driving the stock
The conglomerate’s Class A shares are on track for their 10th consecutive day of gains. That would mark their first 10-day rally since January 2018.
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Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic’s Mythos
Bank of America hired 1,000 contractors to patch software flaws exposed by Anthropic’s Mythos, offering a rare look at costs involved in defending against AI.
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