Business News

Business

Dow Inc. Announces Strategic Shutdown of Three Key European Upstream Assets Amid Market Challenges

Dow Inc. is set to close three upstream assets in Europe by 2027, affecting around 800 jobs, in response to challenging market conditions and cost pressures. The shutdown includes ...

Business

Amazon's Prime Day 2024: A Record-Breaking $23.8B Sales Surge Expected in the US

Amazon's Prime Day 2024 is projected to generate $23.8 billion in US online sales, a 28.4% increase from last year, with mobile sales accounting for over half. The event extends to...

Business

Trump Media Expands Global Reach with Launch of Truth+ Streaming Platform

Trump Media & Technology Group Corporation launches the Truth+ platform globally, offering streaming and video on demand content across various devices. Partnering with Newsmax, th...

Business

SpaceX Secures Deal with Globalstar for Next-Gen Satellite Launch in 2026

Globalstar, Inc. announces a launch services agreement with SpaceX for deploying next-gen satellites via Falcon 9, under a 2022 deal with MDA. Initial launch this year, followed by...

Business

Apple Challenges EU's Massive €500 Billion Fine Over Digital Markets Act Violations

Apple Inc. appeals against the EU's €500 billion fine for alleged Digital Markets Act violations, claiming the imposed terms harm developers and users. The EU argues Apple's App St...

Business

Nabard Accelerates Rural Banking Revolution: Full IT Integration by September 15 with Cutting-Edge Digital Solutions

Nabard is set to complete the IT integration of amalgamated Regional Rural Banks by September 15, enhancing rural banking services with digital infrastructure and innovative soluti...

Business

Jio BlackRock's Historic $2.1 Billion Fund Launch Captivates 67,000 Retail and 90 Institutional Investors

Jio BlackRock Asset Management launches three mutual fund schemes, raising $2.1 billion from over 67,000 retail and 90 institutional investors, marking a significant entry into Ind...

Business

Toyota Considers Shipping US-Made Vehicles Back to Japan Amid Rising Tariff Tensions

Toyota Motor Corporation is considering importing US-made vehicles back to Japan to avoid tariffs imposed by President Trump, as Japanese automakers seek ways to navigate the chall...