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,…
The ruling that Elon Musk is liable to Twitter shareholders in a fraud lawsuit tied to his $44 billion takeover underscores a deeper tension in modern financial markets: the growing influence of individual actors over market sentiment and the legal boundaries that govern that influence. The case is not simply about a disputed acquisition; it…
Amazon’s renewed attempt to enter the smartphone market more than a decade after its earlier failure reflects not a repetition of past ambition, but a recalibrated strategy shaped by shifts in technology, consumer behavior, and competitive dynamics. The original attempt struggled because it tried to compete directly with established device makers on hardware innovation without…
The discovery of sophisticated spyware capable of infiltrating widely used smartphones marks a turning point in the evolution of cyber threats. What was once the exclusive domain of state intelligence agencies is increasingly becoming accessible to a broader and more fragmented ecosystem of actors. The emergence of highly advanced iPhone-targeting spyware illustrates how vulnerabilities in…
The disruption of traditional energy supply chains has triggered a rapid and strategic reconfiguration of fuel trade across Asia, with Russian exports emerging as a central pillar of this shift. As instability in the Middle East constrains flows through critical routes, Asian economies are increasingly turning to alternative suppliers to maintain energy security. This transition…
The intensifying competition in artificial intelligence infrastructure is beginning to expose the fragile foundations of earlier strategic alliances, particularly as commercial stakes rise into the tens of billions. What once appeared to be a symbiotic relationship between cloud providers and AI developers is now evolving into a contested terrain, where exclusivity agreements, platform dependencies, and…
The recent volatility in global coffee prices has prompted a growing comparison with another agricultural commodity that experienced a dramatic boom-and-bust cycle: cocoa. While the two markets differ in structure, consumption patterns, and supply dynamics, the parallels emerging in price behavior have led analysts and traders to reassess whether coffee may be approaching a similar…
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…
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