Business News

Business

UK Unveils Bold 50-Point Strategy to Dominate Global AI Innovation

British Prime Minister Keir Starmer announces a 50-point strategy to position the UK as a global AI superpower, focusing on simplifying data center construction, expanding public c...

Business

Surge in Business Confidence Index Signals Economic Optimism for Q3 2024-25

The Business Confidence Index (BCI) for Q3 2024-25 shows a significant rise, reflecting optimism among businesses regarding economic conditions, financial positions, and investment...

Business

India's Direct Tax Revenue Surges by 16%, Reaching Rs 16.90 Lakh Crore in FY25

India's net direct tax collection has grown by 15.88% to approximately Rs 16.90 lakh crore in FY25, with significant contributions from both corporate and non-corporate taxes. The ...

Business

Microsoft Unveils Core AI Division to Spearhead AI-First Innovation Strategy

Microsoft Corp. has launched Core AI – Platform and Tools, a new division aimed at advancing its AI-first vision. Led by Jay Parikh, it will unify teams to develop a cohesive AI st...

Business

BlackRock Launches Groundbreaking Bitcoin ETF on CBOE Canada: A New Era for Crypto Investments

BlackRock has launched the iShares Bitcoin ETF on CBOE Canada, symbol IBIT, offering Canadian investors a convenient and cost-effective way to invest in Bitcoin. This move simplifi...

Business

Cleveland-Cliffs and Nucor Eye $7 Billion Takeover of US Steel Amid National Security Concerns

Cleveland-Cliffs Inc. and Nucor Corporation are preparing a $7 billion bid for US Steel, valuing its shares at $38 each. This move comes after the White House blocked Nippon Steel'...

Business

Nvidia's Cutting-Edge AI Chips Hit by Overheating and Glitches, Delaying Tech Giants' Data Center Plans

Nvidia's latest AI chips, Blackwell, are causing delays in data center setups due to overheating and glitches, affecting major tech companies like Microsoft, Amazon, Google, and Me...

Business

Blackrock Ventures into Crypto: Launches Groundbreaking Bitcoin ETF on Cboe Canada

Blackrock announces the launch of a new Bitcoin ETF on Cboe Canada, marking a significant step towards the integration of cryptocurrency into mainstream finance. This initiative of...