The Indian-flagged tanker Jag Vasant, carrying liquefied petroleum gas (LPG) after transiting through the Strait of Hormuz amid the ongoing conflict in the Middle East, is seen docked at an offloading terminal along the coast in Mumbai, India, on April 1, 2026. Nurphoto | Nurphoto | Getty Images The Iran war has taken a toll…
Taiwan Semiconductor Manufacturing Company’s logo is seen in the background beside a printed circuit board. Sopa Images | Lightrocket | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a 58% increase in first-quarter profit, beating estimates and hitting a fresh record as demand for artificial intelligence chips stayed strong. Here are the company’s results…
WASHINGTON DC, UNITED STATES – APRIL 6: The United States President Donald Trump holds a Press Conference in the James S. Brady Press Briefing Room at the White House on April 6, 2026, in Washington DC, United States. Celal Gunes | Anadolu | Getty Images U.S. President Donald Trump on Wednesday announced that talks between…
Shares of Daikin Industries surged as much as 13.9% on Thursday after activist investor Elliott Investment Management said it would work with the company to improve performance and narrow its valuation gap with peers. The stock later pared gains and was up about 11% as of 10:40 a.m. local time. “Elliott’s significant investment in Daikin reflects…
People walk outside a shopping mall during a week-long National Day holiday in Beijing on October 7, 2025. Greg Baker | Afp | Getty Images China’s economy gathered steam in the first quarter, as robust exports growth offset tepid domestic demand, though the Iran war-fueled energy shock clouds growth outlook, threatening global demand. Gross domestic…
Electronic screens display gongs at the Exchange Square Complex, which houses the Hong Kong Stock Exchange, in Hong Kong, China, on Tuesday, March 15, 2022. Paul Yeung | Bloomberg | Getty Images Asia-Pacific markets open broadly higher Thursday, tracking overnight gains on Wall Street as hopes of a U.S.-Iran deal grew. Stocks have rallied this…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Amazon and Walmart’s Flipkart dominate India’s e‑commerce market. This week, I unpack why the U.S. giants are keen to expand in the…
Artificial intelligence is losing the popularity contest in the United States, and that’s bad news for some of Big Tech‘s power players. The trend has implications for richly valued companies like OpenAI and Anthropic, which are both on the path to go public. It also threatens Amazon, Google, Microsoft and Meta, the so-called hyperscalers planning…
U.S. Sen. Mike Lee, R-Utah (left) and U.S. Sen. Martin Heinrich (D-N.M.) Chip Somodevilla | Kayla Bartkowski | Getty Images Jeffrey Epstein allegations flew during a spat between Sens. Mike Lee, R-Utah, and Martin Heinrich, D-N.M., over the fate of the César Chávez National Monument. Heinrich, the ranking member of the Senate Energy and Natural…
Spirit Airlines airplanes taxi on the tarmac at New York’s Laguardia Airport in the Queens borough of New York City, U.S., Nov. 7, 2025. Ryan Murphy | Reuters Spirit Airlines could liquidate as early as this week, according to people familiar with the matter. They spoke on the condition of anonymity to discuss matters that…
