Business News

Business

China Halts US Investment Approvals Amid Rising Trade Tensions: What's Next?

China has suspended approvals for corporate investments into the US amid escalating trade tensions, following tariff hikes by the US. Chinese investments in the US have significant...

Business

Jamie Dimon Urges Caution on Federal Reserve's Interest Rate Decisions Amid Market Uncertainties

JPMorgan Chase CEO Jamie Dimon advises caution on the Federal Reserve's interest rate decisions, warning of underestimated inflation risks and overestimated rate cut probabilities,...

Business

Fox Corporation Secures Major Stake in Penske Entertainment, Boosting IndyCar's Future

Fox Corporation acquires a significant stake in Penske Entertainment, promising enhanced IndyCar broadcasts and collaborative growth strategies, with the deal valued around $125-$1...

Business

Ergo Commits €130 Million to GenAI Innovation, Spotlighting India as a Tech Powerhouse

German insurer Ergo is investing over €130 million in generative AI infrastructure, with India playing a key role in its global tech transformation. The investment aims to develop ...

Business

Lloyds Metals: Pioneering a People-Centric Revolution in India's Steel Industry

Lloyds Metals and Energy Limited is transforming India's steel industry with a people-centric approach, offering inclusive ESOPs, fostering a culture of trust, and empowering emplo...

Business

Ergo's Digital Transformation: How Technology is Shifting Insurance from Repair to Prevention

Mark Klein of Ergo discusses the insurer's digital transformation, highlighting the use of AI, robotics, and process mining to shift from repair to prevention in insurance. The com...

Business

Indian Government Allocates Rs 6,520 Crore to Expand PMKSY, Introducing 50 Food Irradiation Units and 100 Labs

The Indian government has approved Rs 6,520 crore for the expansion of PMKSY, including 50 food irradiation units and 100 food testing labs, aiming to reduce post-harvest losses an...

Business

Swedish PM Calls for EU to Halt Trade with Israel Over Gaza Crisis, Demands Immediate Humanitarian Access

Swedish Prime Minister Ulf Kristersson urges the EU to suspend its trade agreement with Israel over the Gaza crisis, calling for unrestricted humanitarian aid and highlighting divi...