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Business

Sumitomo Mitsui on the Verge of Historic Acquisition: A New Era for Yes Bank?

Sumitomo Mitsui Banking Corp is nearing a historic acquisition of Yes Bank, potentially the largest banking M&A deal in India. The deal involves negotiations with SBI and other sta...

Business

RBI's Strategic Gold Reserves: A Slow Move Home Amid Global Uncertainties

The RBI has slowed its gold repatriation to India, with only 1.53 tonnes moved in the latter half of FY2025. Gold remains a key asset for central banks to hedge against global unce...

Business

Moody's Downgrades India's 2025 GDP Growth to 6.3% Amid Global Trade Tensions and Policy Uncertainties

Moody's has revised India's 2025 GDP growth forecast down to 6.3%, citing global policy uncertainty and trade tensions. Geopolitical risks and a broader economic slowdown also pose...

Business

Gold Prices Skyrocket to Rs 95,950: Investors on Edge Amid Global Economic Uncertainties

Gold prices surged to Rs 95,950 per 10 grams as investors flock to safe-haven assets amid U.S. tariff announcements and anticipation of the Federal Reserve's policy meeting. Intern...

Business

DoorDash Makes a Bold Move: Acquiring Deliveroo for £2.9 Billion to Dominate Global Food Delivery

DoorDash Inc. announces a £2.9 billion acquisition of Deliveroo Inc., aiming to combine strengths to serve over 1 billion people across 40+ countries. The deal, recommended by Deli...

Business

DoorDash Announces Historic £2.9 Billion Acquisition of Deliveroo to Dominate Global Food Delivery Market

DoorDash Inc. is set to acquire Deliveroo Inc. in a £2.9 billion all-cash deal, creating a food delivery giant capable of serving over a billion people across 40+ countries. The me...

Business

Continental AG Raises Alarm Over Global Trade Restrictions and Economic Uncertainty

Continental AG warns of the global impact of tariffs and trade restrictions, citing significant uncertainty for the economic outlook. The company reports stable sales but notes a d...

Business

Continental AG Sounds Alarm on Global Trade Uncertainty Amid Tariff Tensions

Continental AG warns of global trade uncertainty due to tariffs and geopolitical tensions, with stagnant sales and a notable drop in European automotive production highlighting the...