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Wall Street’s main indices edged higher in choppy trade on Monday, recovering from the previous session’s sharp losses, even as the Middle East conflict widened and kept investors cautious.The Dow Jones Industrial Average rose 0.48 per cent, the S&P 500 gained 0.32 per cent, and the Nasdaq Composite advanced 0.19 per cent in early trade,…
Spot gold, which had declined for nine consecutive sessions, is now stabilising at around USD 4,420 per ounce in international markets, supported by cautious optimism surrounding the Iran conflict, said Praveen Singh, Head of Commodities at Mirae Asset ShareKhan. He noted that US President Donald Trump had announced a five-day pause on strikes targeting energy…
US stock indexes traded mixed to lower in choppy dealings on Friday morning as the fallout from the war with Iran kept pressure on oil prices and added to concerns about the global economic outlook.The S&P 500 slipped 0.2 per cent after rising as much as 0.9 per cent earlier in the session. The Dow…
NEW DELHI: Amid signs of easing of logistical blockade in the Persian Gulf, along with steps by govt to address their concerns, exporters are worried over goods being dumped by shipping lines at any port, hurting their business.They are expected to flag the issue with govt on Monday, after the customs and shipping ministry simplified…
US President Donald Trump said Thursday he was not worried about rising gasoline prices linked to the widening conflict with Iran, adding that the military campaign was a bigger priority.“I don’t have any concern about it,” Trump told Reuters in an interview when asked about higher prices at the pump. “They’ll drop very rapidly when…
OpenAI is now back on track to raise more than $100 billion in a record-breaking funding round, but it previously announced $100 billion partnership with Nvidia has been scaled back. As reported by Financial Times, Nvidia is now preparing a $30 billion equity investment in OpenAI. Last year, both Nvidia and OpenAI revealed their plan…
Abhishek Sharma (AFP Photo) India opener Abhishek Sharma should not be burdened by expectations at the T20 World Cup despite yet to open his account in the tournament, with the team management backing his approach and clarity of thought.The defending champions have won all three of their Group A matches and will take on the…
Concerns have deepened after Friday’s Bangladesh poll results showed hardliner Jamaat-e-Islami and its allies winning many of their 68 seats in areas bordering India. The total tally is Jamaat’s highest in over 25 years.Jamaat’s historical and ideological proximity with Pakistan raises the risks for India, a peril flagged by BJP. The saffron party had bagged…
Asian markets fell sharply on Friday as an extended sell-off in US technology stocks continued to weigh on investor sentiment. The losses came amid growing concern over heavy spending on artificial intelligence and uncertainty about when those investments will deliver returns. In Hong Kong, HSI was down 304 points or 1.13% as on 10:20 am…
As Amazon prepares for another round of corporate layoffs, employees were rattled on January 27, after receiving a calendar invite titled, ‘Send Project Dawn email’. The invitation sent by the company is linked to an internal invitation which is aimed at improving efficiency. As reported by Business Insider, the email was sent by an assistant…
