HSBC to inject $4 billion into its private credit funds
A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico June 14, 2024. REUTERS LONDON, June 2 (Reuters) – Europe’s biggest bank HSBC will inject $4 billion into its private credit funds, amid a wider push by banks into the booming market as profits from traditional lending have […]
Mumbai eliminate Gujarat to keep alive IPL final hopes
Cricket – Indian Premier League – IPL – Eliminator – Gujarat Titans v Mumbai Indians – Maharaja Yadavindra Singh International Cricket Stadium, New Chandigarh, India – May 30, 2025 Mumbai Indians’ Jasprit Bumrah and Jonny Bairstow celebrate the wicket of Gujarat Titans’ Kusal Mendis REUTERS Cricket – Indian Premier League – IPL – […]
Trading Day: Markets ‘tarrified’ anew
A woman looks at her phone as she walks outside the Nasdaq Marketsite in New York City, U.S., April 3, 2025. REUTERS ORLANDO, Florida – – TRADING DAY Making sense of the forces driving global markets Global trade uncertainty cranked up several notches this week amid a flurry of court rulings around U.S. tariffs and President Donald Trump accusing […]
Exclusive: Anthropic hits $3 billion in annualized revenue on business demand for AI
Anthropic logo is seen in this illustration taken May 20, 2024. REUTERS SAN FRANCISCO, (Reuters) – Artificial intelligence developer Anthropic is making about $3 billion in annualized revenue, according to two sources familiar with the matter, in an early validation of generative AI use in the business world. The milestone, which projects the company’s […]
Google judge mulls softer remedies in US search antitrust case
The new Google logo is seen in this illustration taken May 13, 2025. REUTERS WASHINGTON, (Reuters) – A federal judge in Washington suggested on Friday he is considering making Alphabet’s Google take less aggressive measures to restore competition in online search than the 10-year regime proposed by antitrust enforcers. U.S. District Judge Amit Mehta heard […]
Nippon Steel to spend $6 billion on decarbonisation efforts at three plants
The Nippon Steel logo is displayed at the company’s East Nippon Works Kimitsu Area plant in Kimitsu, east of Tokyo, Japan May 26, 2025. REUTERS TOKYO, May 30 (Reuters) – Nippon Steel plans to invest nearly 870 billion yen ($6.05 billion) to introduce electric furnaces at its three domestic plants to reduce carbon emissions, the […]
China sets up international mediation body in Hong Kong
The International Organisation for Mediation (IOMed) headquarters, a China-initiated body, is seen under construction for global dispute resolution, in Hong Kong, China, May 29, 2025. REUTERS HONG KONG, May 30 (Reuters) – China signed a convention setting up an international organisation for mediation in Hong Kong on Friday that Beijing hopes will be on par […]
At UN, US says Russia’s Putin should take Ukraine ceasefire deal
The United Nations headquarters building is pictured though a window with the UN logo in the foreground in the Manhattan borough of New York August 15, 2014. REUTERS UNITED NATIONS, (Reuters) – The United States told the United Nations Security Council on Thursday that its proposal for a ceasefire in Ukraine was “Russia’s best […]
‘AI for Empowering PwDs’ Conference to bring out transformative role of Artificial Intelligence in creating Inclusive, Accessible and Assistive solutions for Persons with Disabilities
The D/o Empowerment of Persons with Disabilities (DEPwD), M/o Social Justice and Empowerment, in collaboration with Artificial Limbs Manufacturing Corporation of India (ALIMCO), is set to organize a groundbreaking conference titled ‘AI for Empowering PwDs’, on 30th May 2025, in Bengaluru. This pioneering initiative aims to spotlight the transformative role of Artificial Intelligence in creating […]
IT stocks lead India’s equity benchmarks higher after US tariff ruling
A bird flies past the Bombay Stock Exchange (BSE) building in Mumbai, India, January 31, 2020. REUTERS May 29 (Reuters) – Indian shares climbed on Thursday, led by information technology stocks, as investors cheered a U.S. trade court’s decision to block most of President Donald Trump’s proposed “Liberation Day” import duties. The Nifty 50 (.NSEI), was […]