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Six Chinese investment banks will earn at least $41 million from CXMT's IPO. This significant payout boosts the industry's income pool, which has shrunk recently. The IPO continues a revival of the onshore market as the government lowers barriers. CXMT's fee rate is well below the market average, sh
The global economy shows K-shaped growth as artificial intelligence advances some sectors. Moody's Analytics predicts a slowdown to 2.5 percent in 2026. AI demand has prevented a sharper economic downturn globally. Geopolitical risks and market volatility could lead to recession. Economies and indus
Naturis Cosmetics said it will use the fresh capital to expand its footprint by setting up a manufacturing facility in Vapi, an experience centre in the Delhi-NCR region and a research and development centre in Mumbai. It also plans to strengthen its team across functions.
India's Gen Z is building multiple income streams, moving away from single employers. This shift is driven by AI adoption and increasing living costs. Many young professionals are creating portfolio careers for economic resilience. Hybrid and flexible work arrangements support this growing trend. Th
Europe's top court upheld a fine against Google's YouTube platform. This ruling concerns gambling advertisements shown on the video service. Google had argued it was not liable for third-party content. The court stated Google could be liable with a commercial partnership. An Italian court will now d
KRAFTON has launched BGMI 4.5, introducing a Naruto-themed gameplay mode with new locations and abilities, alongside a Spider-Man crossover, licensed Ferrari vehicles, and anniversary rewards.
Ofcom concerned platform’s age verification is ineffective, leaving some at risk of seeing posts about self-harm and suicide TikTok is under formal investigation over concerns it has failed to protect children from harmful content, the UK’s online regulator, Ofcom, has announced. The social media pl
It feels as if it should be illegal to even think about heating appliances during the height of summer—seriously, these heat waves in New York have been brutal—but we need to talk about heat pumps. The appliances use electricity for heating, they’re incredibly efficient, and they’re on the rise. (Fo
Visa said it expects agentic commerce to integrate a hybrid flow that combines both card and stablecoin rails at different stages of a task.
Tata Consultancy Services and Google Cloud have opened a new Gemini Experience Center in Kolkata. This facility will help consumer businesses develop and deploy agentic artificial intelligence solutions. The center is TCS's eighth globally and third in India, with plans for further expansion. Enterp
TSMC will invest an additional $100 billion in Arizona, expecting robust AI demand. The company raised its capital spending forecast significantly for the current year. This investment will bolster the United States semiconductor ecosystem and supply chain. TSMC's second-quarter profit surged 77%, r
Fujitsu and Nvidia are leading a major push in physical AI technology. This initiative aims to integrate Japan's robotics with advanced artificial intelligence. Smart robots will work alongside people in factories, homes, and hospitals. The collaboration seeks to address Japan's acute labor shortage
Uncrewed systems are the future for armed forces and the Netherlands is leading the way ‘to keep people out of danger zones’ On each side of the target ship, a black vessel keeps a watchful distance. Defender 1 and Defender 2 are the eyes and ears of the navy – but they have nobody onboard, and thei
Whistleblower suggests internal security services deployed spyware from 2017 against key domestic and foreign targets A former member of Morocco’s domestic intelligence service has helped to provide an unprecedented insight into how the north African state used hacking software – including Pegasus s
Psychologist Candice Odgers has studied adolescent mental health for 25 years. She fears the current debate around smartphones obscures some of the biggest issues facing teenagers – from the impact of Covid to the health of their adult caregivers The quickest way to make being online safer for child
The nonbinding resolution passed without objection after Bankman-Fried asked for clemency, months after Trump pardoned other major crypto figures, including Changpeng Zhao and Ross Ulbricht.
Iberian hackers carried out a variety of cyberattacks and laundered the winnings through complex financial networks.
A bitcoin OG wallet transferred 5,908 BTC to a new address on Wednesday, according to Lookonchain, citing Arkham data.
The European Union considers India a vital partner for semiconductor supply chain resilience. India's skilled talent pool makes it important for research and development efforts. Both nations agreed to deepen cooperation in advanced technology sectors. India's Semicon 2.0 program aims to boost its s
Bengaluru startup Mandrake Bio secured sixteen crore rupees in new funding. This capital will expand their AI and biophysics teams for platform validation. The company uses generative AI to design novel gene-editing enzymes. This technology promises faster development for improved crops and therapie
