Heat and Drought Leave Europe’s Prized White Truffles Smaller and Scarcer This Season
In the misty hills around Alba, in northwest Italy, the white truffle season is under way, and it is not quite the one hunters had...
Author : Rohan Kumar
RBA Lifts Cash Rate to 4.85%, an 18-Year High, in Split Vote as Borrowers Brace for Another Hit
The Reserve Bank of Australia has raised its official cash rate to 4.85%, the highest level since 2008, delivering its fifth increase of the year...
Apple Posts Record September-Quarter Revenue in Ternus’s First Report, but Margin Outlook Disappoints
Apple closed its fiscal year with record September-quarter revenue, but investors focused on what comes next. The company’s first earnings report under Chief Executive John...
Disney Preparing Thousands of Job Cuts as Some Managers Told to Find 20% Savings, Report Says
The Walt Disney Company is preparing another round of job cuts, this time on a much larger scale. Bloomberg reported this week, citing people familiar...
Nasdaq 100 Slides Into Correction as Chip Rout Deepens on US Election Day
A fresh wave of selling in chipmakers and artificial-intelligence stocks pushed the Nasdaq 100 into a technical correction on Monday, even as the Dow Jones...
Supreme Court Allows Green Firecrackers in Delhi-NCR for Diwali, With a Strict Two-Day Window
India’s Supreme Court has relaxed, but not lifted, the ban on firecrackers in the Delhi region for this year’s Diwali. Certified green firecrackers will be...
Bank of England Set for First Rate Rise in Three Years as Energy Costs Push Inflation Higher
Britain’s central bank is expected to raise interest rates on Thursday for the first time in more than three years, bowing to inflation pressure from...
Palantir Revenue Nearly Doubles but Shares Slip as Slower Contract Growth Worries Investors
Palantir Technologies delivered another blockbuster quarter on Monday, with revenue almost doubling and forecasts raised yet again. The stock still fell. The reaction shows how...
Oracle Moves to Raise $20 Billion in Stock and Bonds as Investors Balk at AI Debt Load
Oracle has asked investors to help fund the next stage of its artificial intelligence expansion, filing plans to sell $20 billion of new stock and...
Kospi Slumps Nearly 3% as Chip Rout Deepens, While Hong Kong and India Hold Firm
Asian equities opened Tuesday under pressure as the selloff in US chipmakers reached South Korea and Taiwan, the region’s biggest semiconductor hubs. A sharp drop...