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Business

Legal & General Group Plc Strikes a $2.3 Billion Deal with Meiji Yasuda Life Insurance

Legal & General Group Plc has agreed to sell its US protection business to Meiji Yasuda Life Insurance Company for $2.3 billion, with the deal expected to close by end of 2025. Thi...

Business

Tesla Faces a Challenging Start in China: January Deliveries Drop by 11.5%

Tesla Inc. witnessed an 11.5% decrease in electric vehicle sales in China for January, as reported by the CPCA. Meanwhile, BYD, a Chinese competitor, experienced a 47.5% increase i...

Business

Meta Partners with UNESCO to Revolutionize AI Translation for Underserved Languages

Meta Platforms Inc. collaborates with UNESCO to enhance AI translation for underserved languages, seeking global linguistic contributions for its Language Technology Partner Progra...

Business

SoftBank to Pour $40 Billion into OpenAI, Valuing AI Giant Beyond $300 Billion

SoftBank Corp. is reportedly investing $40 billion in OpenAI, potentially valuing the AI startup at over $300 billion. Part of the investment will support the Stargate AI project, ...

Business

Uber's Stock Skyrockets 8% Following Bill Ackman's High Praise and Investment

Uber Technologies Inc. sees an 8% stock surge after Bill Ackman's endorsement and investment, highlighting the company's strong management and growth potential under CEO Dara Khosr...

Business

Amitabh Kant Advocates for District-Level Data Focus in Statistics Ministry for Enhanced Policy Design

Amitabh Kant urges India's statistics ministry to focus on district-level data for better policy design, leveraging AI and ML for enhanced data collection and integrating non-tradi...

Business

Anticipated Rate Cuts on Small Savings Schemes in the Upcoming Fiscal Year

The Indian government is likely to reduce interest rates on small savings schemes like PPF in the next fiscal year following RBI's rate cut. Despite the upcoming review, an immedia...

Business

Britannia Industries Announces a Strategic 4.5% Price Hike Amid Rising Inflation

Britannia Industries plans a 4.5% price increase by the fiscal year-end, following a 2% hike that boosted Q3 revenues by Rs 100 crore. The company reports a 6.5% revenue growth and...