Construction laborers work on a high rise building in Kolkata on July 23, 2024. Dibyangshu Sarkar | Afp | Getty Images India’s economy grew at a faster pace than expected of 7.8% in the quarter ending December. A Reuters poll of economists had pegged the October-December gross domestic product to grow at 7.2%. The latest…
British Prime Minister Keir Starmer delivers remarks at the top of the Cabinet meeting to mark the fourth anniversary of Russia’s full-scale invasion of Ukraine at Downing Street on February 24, 2026 in London, England. Wpa Pool | Getty Images News | Getty Images British Prime Minister Keir Starmer suffered another blow to his leadership…
State Farm on Thursday announced a historic $5 billion dividend for its car insurance members, the largest in the mutual insurance company’s 103-year history. “This dividend is possible due to State Farm Mutual’s financial strength and a stronger than expected underwriting performance, which has been reported industry wide,” the company said in a statement. Customers…
The US Court of International Trade in New York, US, on Thursday, April 24, 2025. Bloomberg | Bloomberg | Getty Images The Trump administration’s Department of Justice is nearing its first big legal deadline in the wake of the U.S. Supreme Court ruling that President Donald Trump‘s tariffs issued under the International Emergency Economic Powers…
Nvidia H100 chips inside a server room at the Yotta Data Services Pvt. data center, in Navi Mumbai, India, March 14, 2024. Dhiraj Singh | Bloomberg | Getty Images India’s Yotta Data Services, which is building a $2 billion artificial intelligence hub using Nvidia‘s chips, said demand for graphic processing units in the country is…
Ai trading concepts. 3D render Blackjack3d | E+ | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story Indian IT stocks are facing their steepest monthly declines since the 2008 global financial crisis, with the…
Block said Thursday it’s laying off more than 4,000 employees, or about half of its head count. The stock skyrocketed more than 24% in extended trading. “Today we shared a difficult decision with our team,” Jack Dorsey, Block’s co-founder and CEO, wrote in a letter to shareholders. “We’re reducing Block by nearly half, from over…
Iranian negotiating delegation departs for the site of the talks with U.S., in Geneva, Switzerland, Feb. 26, 2026. Iranian Foreign Ministry | WANA | Via Reuters The latest round of U.S.-Iran talks did not lead to a breakthrough, with both sides agreeing to extend negotiations, Iranian Foreign Minister Seyed Abbas Araghchi said, describing the discussions…
Netflix is walking away from a deal to buy Warner Bros. Discovery’s studio and streaming assets after the WBD board on Thursday deemed a revised bid by Paramount Skydance to be a superior offer. Earlier this week, Paramount raised its bid to buy the entirety of WBD to $31 per share, up from $30 per…
Students are seen on the campus of Columbia University in New York City on April 14, 2025. Charly Triballeau | AFP | Getty Images Federal authorities released Columbia University student Elmina Aghayeva on Thursday afternoon, hours after Immigration and Customs Enforcement agents entered a university residential hall in New York City and took the native…
