Business

Why Billions Are Flowing Into Fusion Energy Now

Fusion aims to replicate the Sun’s energy process for clean power on Earth. Startups have raised over $10 billion to accelerate commercialization. Magnetic...

Moonton Changes Hands In Massive $6B Deal Reshaping Mobile Gaming

ByteDance is selling Moonton to Savvy Games Group for $6 billion The move reflects ByteDance’s shift away from gaming toward AI Moonton’s Mobile...

Neue Klasse Could Be BMW’s Answer To China’s EV Dominance

BMW says EV prices in China are stabilising after heavy discounting Neue Klasse platform will drive its next generation EV lineup China sales...

AMD Secures Future AI Memory Supply In New Samsung Deal

Samsung will supply HBM4 memory for AMD’s next generation AI accelerators Both firms will also collaborate on DDR5 memory for EPYC processors A...

Asian Governments Push Remote Work As Fuel Shortages Ripple Across The Region

Asian governments are introducing work from home policies to reduce fuel consumption. Pakistan ordered half of public sector workers to shift to remote...

US Launches Sweeping Probe Into Forced Labor Trade Practices

The United States launched Section 301 investigations into 60 economies over concerns about forced labor in global supply chains. Countries under review include...

Oil Prices Rebound Despite Plans For Massive Strategic Reserve Release

Oil prices climbed nearly four percent as markets remained worried about Middle East supply disruptions. The IEA plans a record release of 400...

US Crypto Legislation Faces Uncertainty Amid Banking Industry Pushback

A major US crypto regulation bill has stalled after banks rejected a White House compromise. Banks fear stablecoins could pull billions in deposits...

Bernstein Predicts Big Gains for Apple as AI Expands Across Devices

Bernstein reiterates Outperform rating on Apple with a 340 dollar price target Apple Intelligence could accelerate iPhone upgrade cycles and drive device demand ...

Gulf Markets Reel as Conflict Spills Across the Region

Gulf stock markets plunged after US Israeli strikes on Iran triggered retaliatory attacks. Boursa Kuwait suspended trading due to exceptional circumstances. Saudi Arabia’s...

OpenAI Raises Record $110 Billion From Amazon, NVIDIA and SoftBank

OpenAI raised $110 billion from Amazon, NVIDIA and SoftBank in a record breaking round. Amazon committed $50 billion and will deepen infrastructure and...