Business News

Business

Goldman Sachs CEO Warns: Rising Recession Risks and Global Economic Slowdown Loom

Goldman Sachs CEO David Solomon warns of increased recession risks and a global economic slowdown during a post-earnings conference call. He also comments on Trump's gradual approa...

Business

Pfizer Discontinues Promising Weight Loss Pill Trial Following Liver Injury Case

Pfizer stops the development of its weight loss pill, danuglipron, after a trial participant suffered liver injury. The company vows to continue its research in obesity treatments,...

Business

Intel Strikes $8.75 Billion Deal with Silver Lake, Selling Majority Stake in Altera

Intel Corp. sells 51% of Altera to Silver Lake for $8.75 billion, aiming for Altera's operational independence by 2025. Raghib Hussain to take over as CEO, focusing on AI-driven FP...

Business

Indian Markets Reel Under Trump's Tariff Storm: A Staggering Rs 11.3 Lakh Crore Wiped Off Since April

Indian markets have suffered significant losses due to US-China tariff tensions, with a Rs 11.3 lakh crore drop in market capitalisation since April. Experts remain cautiously opti...

Business

Despite Global Market Downturn, Over 1.1 Million New Indian Investors Join Stock Market in February

In February 2025, over 1.1 million new investors joined the Indian stock market, despite global downturns. Northern and Eastern India showed the fastest growth rates, with signific...

Business

Nvidia Unveils Plan to Manufacture Cutting-Edge AI Supercomputers in the United States

Nvidia Corp. announces a strategic partnership to produce AI supercomputers in the U.S., aiming to strengthen the country's position in the global AI technology race and stimulate ...

Business

Intel Strikes $8.75 Billion Deal with Silver Lake for 51% Stake in Altera, Marking a New Chapter

Intel Corp. has agreed to sell a 51% stake in Altera Corp. to Silver Lake for $8.75 billion, granting Altera operational independence. The deal, expected to close in 2025, includes...

Business

How Trump's Tariffs Could Open New Doors for India's Trade and Auto Industry

Skoda Auto Volkswagen India discusses the potential long-term benefits of Trump's tariffs, highlighting opportunities for India's trade and auto industry amidst the launch of the n...