Tag: Business
-
Bank of Japan raises interest rates to 31-year high
TOKYO, June 16 : The Bank of Japan raised interest rates to a 31-year high on Tuesday, marking another landmark step in normalising monetary policy as it focused on taming price pressures from the energy shock caused by the Iran war.The hike was the first since December and aligns the BOJ with other central b
-
Indian AI model developer Sarvam raises US$234 million, valuing it at US$1.5 billion
Indian IT services and technology company HCLTech led the funding round with a US$150 million investment and will work with Sarvam to develop language models and AI solutions for its global clients.
-
Pakistan eyes more global bond issues, sees budget upside from Iran deal
ISLAMABAD, June 16 : Pakistan could improve economic projections for 2027 after the end of the Iran war, but it is still too early to revise the budget, Finance Minister Muhammad Aurangzeb told Reuters, hours after the U.S. and Iran signed a deal to end the fighting.Damaged energy infrastructure meant supply
-
OpenAI spending hit $34 billion last year ahead of planned IPO, FT reports
June 15 : OpenAI spent $34 billion last year to dominate the booming AI market ahead of its planned IPO, the Financial Times reported on Monday.Audited financial figures show the ChatGPT maker spent about $19 billion on research and development in 2025 and nearly $6 billion on sales and marketing, as well as
-
Asia markets temper US-Iran deal optimism as oil prices plunge
Oil prices, which settled at a three-month low overnight, reflected the cautious stance, with Brent crude futures up 0.1 per cent, at US$83.25 a barrel.
-
Oil rebounds on concerns about US-Iran peace deal, restoration of supply
June 16 : Oil prices rebounded on Tuesday on concerns about the lack of details in a preliminary agreement ending the war between the U.S. and Iran and the realization the resumption of supply through the key Strait of Hormuz may take longer than thought.Brent crude futures gained 26 cents, or 0.3 per cent, t
-
iRhythm discloses cyber incident, says no impact on device systems, patient safety
June 15 : iRhythm Holdings on Monday reported unauthorized activity involving data maintained on some third-party applications last week, but said it has not identified any impact on products, patient safety or medical device systems from the cyber attack.Here are some details from the company’s filing:
-
US closes probe into 2024 Delta Air Lines meltdown sparked by CrowdStrike outage
WASHINGTON, June 15 : The Trump administration said on Monday it had closed an investigation, without seeking any penalties, into a July 2024 meltdown at Delta Air Lines sparked by a global outage that disrupted the travel plans of 1.3 million customers and cost the carrier $500 million.The Biden administrati
-
Nvidia to raise $25 billion in first corporate bond sale in five years
June 15 : Nvidia said on Monday it would raise $25 billion through a U.S. bond issuance, as it taps the debt market to increase liquidity for the first time since 2021.The debt financing was more than initially planned, Reuters had reported earlier on Monday, citing two sources. Investor demand for
-
Senator Cruz urges regulator to impose conditions on T-Mobile spectrum sale
WASHINGTON, June 15 : The chair of the Senate Commerce Committee on Monday questioned a plan from private investment firm Grain Management to acquire key wireless spectrum from T-Mobile but potentially delay its use for years.Last year, T-Mobile agreed to sell its portfolio of 800 MHz licenses to private inve
Latest News
Stay Connected
Categories
BBC News CNA CNBC CNN International Deutsche Welle (DW) Euronews France 24 General Global & European Specialized & Regional
Tags
amp Artificial intelligence Asia Breaking News: Business Breaking News: Markets Breaking News: Politics Breaking News: Technology Business business news cent china cup Donald J. Trump Donald Trump economy European Union fast football France germany Investment strategy iran Iran war markets news People per politics return russia said Singapore spain Sport Stock markets technology trump ukraine United States US-Israel attack on Iran 2026 video War in Ukraine World world cup World Cup 2026
About the Author
AF themes
Easy WordPress Websites Builder: Versatile Demos for Blogs, News, eCommerce and More – One-Click Import, No Coding! 1000+ Ready-made Templates for Stunning Newspaper, Magazine, Blog, and Publishing Websites.
Search the Archives
Access over the years of investigative journalism and breaking reports
You May Have Missed
