Business News

Business

India on the Brink of Finalizing Groundbreaking Digital Data Protection Laws

India is finalizing the Digital Personal Data Protection Act's rules to regulate online content and address AI challenges. With extensive feedback under review, the government is a...

Business

Ubisoft's Bold Move: Assassin's Creed and Far Cry Spinoff Valued at $4.3 Billion

Ubisoft is launching a new subsidiary for Assassin's Creed and Far Cry, valued at $4.3 billion, with Tencent investing 1.2 billion euros for a 25% stake. This move highlights the g...

Business

Elon Musk Proposes DOGE to Slash Federal Spending by 15%, Aiming for $1 Trillion Deficit Cut

Elon Musk announces a revolutionary plan through the Department of Government Efficiency (DOGE) to cut federal spending by 15%, targeting waste and fraud, with ambitions to reduce ...

Business

Petrobras Achieves Milestone with Abreu e Lima Refinery Expansion to 130,000 bpd

Petrobras has successfully expanded the Abreu e Lima Refinery's capacity to 130,000 bpd, a 13% increase, alongside announcing a major hydrocarbon discovery in the Campos Basin.

Business

S&P 500 Faces Steepest Quarterly Decline Since 2023 Amid Rising Trade War Fears

The S&P 500 is heading towards its worst quarter since 2023, impacted by new US tariffs on automakers and growing trade war anxieties, despite signs of robust economic growth. Mark...

Business

Boeing Elevates Matt Welch to CFO of Commercial Airplanes Division in Strategic Leadership Move

Boeing promotes Matt Welch to CFO of Commercial Airplanes, with Eric Hill succeeding him in Investor Relations. Brian West endorses the changes, highlighting Hill's investment bank...

Business

Amazon Cuts 200 Jobs in FBA Support Team as AI Takes Over Merchant Assistance

Amazon has laid off 200 employees from its FBA support team as it shifts towards AI-driven merchant assistance tools like Project Amelia, ensuring continued support for sellers.

Business

Historic Year for Indian Markets: Companies Shatter Records with Rs 3.8L Crore Raised in FY25

Indian companies set a new record by raising Rs 3.8 lakh crore in FY25 through equity and debt markets, highlighted by three mega IPOs. Despite a recent slowdown, the year marked u...