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Business

Elliott Management Makes a Bold $1.2 Billion Move into HPE, Sparks Market Rally

Elliott Management invests over $1.15 billion in Hewlett Packard Enterprise, planning to engage with HPE leadership to enhance shareholder value, resulting in a 7% stock increase.

Business

Trump Criticizes China's Sudden Halt on Boeing Jet Deliveries Amid Trade War Escalation

President Donald Trump criticizes China's decision to halt Boeing jet deliveries, viewing it as part of the escalating trade war. Beijing's move to stop acquiring US aviation equip...

Business

Stellantis Chairman Warns: Tariffs and Overregulation Pose Dire Threats to US and European Auto Industries

Stellantis Chairman John Elkann warns that tariffs and overregulation could endanger the auto industry in the US and Europe, calling for urgent policy actions to mitigate risks and...

Business

Exclusive: OpenAI Ventures into Social Networking with a ChatGPT-Powered Platform

OpenAI is reportedly developing a new social network powered by ChatGPT's image-generation capabilities, featuring a social feed. The project's launch details and operational model...

Business

Honda's Production Future in Canada: Government Denies Relocation Rumors Amid US Tariff Concerns

Canada's government denies rumors of Honda moving production to the US, citing ongoing discussions and no current plans for such a change. The speculation arose from concerns over ...

Business

IREDA Achieves Record 49% Surge in Q4 Profits, Fueling India's Renewable Energy Dreams

IREDA reports a 49% surge in Q4 profits to Rs 502 crore, with a 37% increase in revenue, showcasing its pivotal role in India's renewable energy sector. The company's annual PAT hi...

Business

Elliott Management's Bold $1.2 Billion Stake in HPE Sparks Market Frenzy and Strategic Talks

Elliott Management has taken a $1.15 billion stake in Hewlett Packard Enterprise, leading to a 7% stock price surge and plans for strategic discussions to enhance shareholder value...

Business

Trump Accuses China of Retaliation in Trade War by Halting Boeing Jet Deliveries

President Donald Trump criticizes China's halt on Boeing jet deliveries as a retaliatory action in the ongoing trade war, accusing Beijing of targeting US industries and showing di...