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Residents in Utah are protesting against a proposed $100 billion data center project backed by businessman and Shark Tank investor Kevin O’Leary, saying the facility could put pressure on local electricity and water resources. The project, called the “Stratos Project” or “Wonder Valley,” is planned for Box Elder County in northwestern Utah and is expected…
Michael and Susan Dell . (AP Photo/Frank Franklin II) Dell Technologies stock hit an all-time high of $263.99 on Friday, May 8. The Dell stock surged as much as 14.6% intraday, which pushed Dell shares up more than 107% year-to-date. The jump came after President Donald Trump reportedly used a Mother’s Day event at the…
The Academy Awards has become one of the biggest celebrations of cinema across the world. Over the years, the event has also given audiences some iconic and hilarious moments, including the time when Anne Hathaway and James Franco hosted the prestigious ceremony back in 2011. When Anne Hathaway got schooled by her mother during the…
Michael Dell and Susan Dell are donating $750 million to University of Texas at Austin. This donation will be used to build a new AI-focused medical centre and research campus. The major philanthropic move from the Dell couple comes shortly after their $6.25 billion pledge tied to “Trump Accounts” to fund investment vehicles introduced under…
MUMBAI: Zepto’s $1 billion IPO is a step closer to hitting Dalal Street with markets regulator Sebi giving it a go ahead for the issuance, details published on its website showed. The company which rivals Eternal’s Blinkit and Swiggy Instamart in India’s $10-11 billion quick commerce market (in terms of GMV or sales before the…
India’s forex reserves rise to $658.09 billion India’s foreign exchange reserves declined by $7.794 billion to $690.693 billion during the week ended May 1, according to data released by the Reserve Bank of India (RBI) on Friday.The reserves had fallen by $4.82 billion in the previous reporting week ended April 24, taking the overall forex…
A small-town boss in the US state of Louisiana has handed his 540 full-time employees a combined $240 million after selling his family’s company, with the average worker walking away with around $443,000.Graham Walker, former CEO of Fibrebond Corp. in Minden, sold the electrical-equipment enclosure maker to power-management giant Eaton for $1.7 billion last year….
A few billion-dollar bets on oil markets were placed just before major Iran-related announcements by US President Donald Trump and the timing is now raising eyebrows across global trading floors. According to traders, market experts and a Reuters analysis of exchange data, oil positions worth as much as $7 billion were placed across March and…
India’s diaspora is the largest at around 19 million, with significant numbers of international immigrants living in UAE, US and Saudi Arabia. With this backing, India continued as the top country receiving remittances, but 2024 was spectacular with inflows of $138 billion. The country also emerges as one of the biggest source countries for student…
India’s diaspora is the largest at around 19 million, with significant numbers of international immigrants living in UAE, US and Saudi Arabia. With this backing, India continued its march as the top country receiving remittances, but 2024 was spectacular with inflows of $137 billion.The country also emerges as one of the biggest source countries for…
