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Business

Exclusive: Erste Group Eyes Major Stake in Santander Bank Polska, Talks Underway

Erste Group Bank AG is in talks with Banco Santander SA to acquire a 49% stake in Santander Bank Polska. The deal, still under discussion, would be subject to standard closing cond...

Business

Nvidia's Stock Takes a 4% Dive Amid Huawei's Bold Entry into AI Chip Market

Nvidia's stock fell 4% as Huawei Technologies introduces its new AI chip, the Ascend 910D, aiming to surpass Nvidia's H100. Huawei has already started delivering its chips to major...

Business

IBM Announces Historic $150 Billion Investment in US to Lead in Tech Innovation

IBM plans a $150 billion investment in the US over five years, focusing on R&D for mainframe and quantum computers to boost technological innovation and economic growth.

Business

Erste Group Eyes Strategic Stake in Santander Bank Polska: A Move That Could Reshape Banking in Poland

Erste Group Bank AG is in discussions with Banco Santander SA about acquiring a 49% stake in Santander Bank Polska, a deal that could reshape Poland's banking sector but remains un...

Business

Nvidia's Stock Dips 4% Amid Rising Competition from Huawei's Revolutionary AI Chip

Nvidia shares fell 4% as Huawei unveils its new AI chip, the Ascend 910D, aiming to surpass Nvidia's H100. Huawei has started delivering its chips to major Chinese tech companies, ...

Business

Aurobindo Pharma's Lyfius Temporarily Halts Pen-G Production After Fire Incident in Kakinada Plant

Aurobindo Pharma's Lyfius Pharma has temporarily halted Pen-G production at its Kakinada plant after a fire incident, with no injuries reported and minimal impact expected on opera...

Business

Global Gold Prices Take a Dive: A Rs 1,000 Drop to Rs 98,400 Per 10 Grams Amidst Weak Market Trends

Gold prices dropped significantly by Rs 1,000 to Rs 98,400 per 10 grams due to weak global trends and easing US-China trade tensions, with potential support from rising geopolitica...

Business

IBM Announces Groundbreaking $150 Billion Investment to Revolutionize US Technology and Manufacturing

IBM plans a $150 billion investment in the US over five years, focusing on R&D for mainframe and quantum computers to drive technological innovation and economic growth.