In a significant development U.S.-headquartered digital currency exchange CrossTower has set up a local unit in India and has launched a trading platform to increase its traction in the burgeoning domestic crypto market. The development comes at a time when the fate of cryptocurrency is still unclear in India. CrossTower India has hired 35 people…
On Monday, Oliver Blume, the CEO of luxury sports car maker Porsche AG said, the carmaker is attracting huge demand for its all-electric coupe Taycan model, causing wait times to stretch to up to six months. “Our original production capacity for the Taycan was 20,000 units this year – we’ve sold that many in the…
On Friday, China’s Semiconductor Manufacturing International Corp said, it will invest $8.87 billion to build a chip plant in Shanghai. The development underscores Beijing’s efforts to boost its independence in the chip manufacturing sector. The development comes at a time when global chipmakers are struggling to fulfill orders from the electronics and automotive industries triggering new…
In a statement the CEO of global cryptocurrency exchange Binance said, its U.S. arm could potentially see an initial public offering in the next three years. “Binance.US is just going to do what Coinbase did,” said Zhao. He went on to add, Binance.US is set to close on a large private funding round in the…
On Wednesday, in a statement Royal Dutch Shell announced its plans to significantly expand its network of electric vehicle charging points in Britain. Shell plans on installing 50,000 on-street charging stations by 2025; it plans on implementing its plan through ubitricity, an on-street charging point company that it acquired earlier this year in February. Incidentally,…
India’s decision to investigate global fragrance manufacturers over alleged anti-poaching arrangements marks a significant evolution in how competition law is being applied. Traditionally focused on price-fixing, cartels, and market dominance, antitrust enforcement in India is now extending into labour markets, recognising that competition is not limited to goods and services but also includes access to…
The rapid expansion of artificial intelligence infrastructure is exposing a less visible but increasingly decisive constraint: heat. As data centres evolve to support high-density AI workloads, the ability to manage thermal output is emerging as a critical determinant of performance, cost, and scalability. Within this context, Google’s engagement with Chinese firms such as Envicool signals…
Global conflict and energy market turbulence are reshaping the policy landscape confronting the U.S. Federal Reserve, leaving far less room for aggressive monetary easing than many investors once anticipated. For policymakers such as Kevin Warsh—widely associated with a more market-sensitive approach to monetary strategy—the challenge now lies in navigating a rapidly changing economic environment where…
A surge in global agricultural prices triggered by geopolitical tensions has prompted many U.S. farmers to move quickly to sell stored crops and secure contracts for future harvests. The rally, fueled by disruptions in energy markets and concerns over supply chains linked to conflict in the Middle East, has reshaped trading behavior across America’s agricultural…
The global automotive industry is undergoing one of the most expensive technological transitions in its history. As carmakers invest billions in electrification, battery technology, and new manufacturing systems, the financial risks associated with these transformations are becoming increasingly visible. Honda’s expectation of a full-year loss following a massive restructuring of its electric vehicle business illustrates…
The world’s luxury car industry is entering a period of structural uncertainty as geopolitical tensions, shifting trade policies, and changing consumer preferences reshape the economic environment in which automakers operate. For BMW, one of Germany’s most prominent industrial champions, these pressures are converging at a particularly challenging moment. The company is preparing for another year…
The debate over children’s safety on social media has entered a decisive phase in the United Kingdom as regulators intensify scrutiny of some of the world’s largest digital platforms. Authorities responsible for media regulation and data protection are pressing companies behind globally popular apps to introduce stronger mechanisms that prevent underage users from accessing services…
Space exploration company SpaceX has emerged as one of the most closely watched private firms in the global technology sector, and the possibility of a public listing has sparked widespread attention among investors and financial markets. The company, founded by entrepreneur Elon Musk, is reportedly evaluating a potential listing on the Nasdaq exchange as part…
Volkswagen, Europe’s largest automaker and one of the world’s most recognizable automotive brands, is confronting one of the most complex periods in its modern history. The company’s sharp decline in profitability reflects deeper structural shifts in the global automobile industry—ranging from escalating trade barriers to the rapid transformation of the Chinese car market. Together, these…
Military confrontation involving Iran does not remain confined to the battlefield. It reverberates through oil terminals, tanker routes, insurance markets and central bank forecasts. When the United States and Israel launched coordinated strikes on Iranian targets, the immediate military consequences were only one dimension of the crisis. The deeper and more enduring question concerns energy…
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