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The Latest Breaking News from United States

Nifty IT hits fresh 52-week low as Infosys, TCS, Wipro & others tumble up to 3%. What's spooking investors?

The Nifty IT index fell more than 2% to a fresh 52-week low on Tuesday as persistent inflation concerns and uncertainty over the US Federal Reserve's interest rate trajectory weighed on sentiment. Infosys, TCS, Wipro and other IT stocks declined up to 3%, with investors awaiting the sector's Q1 earnings…

The Economic Times

How ships are risking ‘safe’ passage through the Strait of Hormuz

A plan to divert shipping through an alternative corridor off the Omani coast to avoid the threat of mines in the Strait of Hormuz has come under scrutiny after two attacks on ships in recent days. Though Iran and Oman agreed to engage in talks on Monday on the strait's…

France 24

The overcapacity narrative of the US: Why it does not apply to India

The ‘overcapacity’ argument posits that certain countries produce far beyond their domestic absorption capacity, dumping the surplus on world markets at a lower price, which undermines fair trade practices.

The Economic Times

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Iran Calls Out Trump: 'No Direct Meetings' in Qatar Amid Ceasefire Tensions

Iran denies US meeting claims as both nations prepare for Doha talks amid ceasefire tensions and ongoing disputes over the Strait of Hormuz

International Business Times UK

Oyo parent files updated DRHP for Rs 6,650 crore IPO: Key things to know

Oyo's parent company, Prism, has filed for a Rs 6,650 crore IPO, with plans for a potential pre-IPO placement. The bulk of the funds will be used to repay borrowings, with the remainder for general corporate purposes. The hospitality giant reported strong revenue growth for the nine months ending December…

The Economic Times

Heartbreak for Freddy: Who Is This German Going Viral on 'X' for his World Cup Journey?

Freddy, an anonymous German influencer, gained fame during the World Cup, capturing hearts with his unique journey across America, supported by celebrities like J.J. Watt and Gordon Ramsay.

International Business Times UK

KEC International shares climb 7% on Rs 1,754 crore order win

KEC International shares rose nearly 7% on Tuesday after the infrastructure EPC firm announced fresh orders worth Rs 1,754 crore across its Transmission & Distribution and Cables & Conductors businesses. The stock gained on strong order inflows, including overseas wins. The RPG Group company said the contracts span multiple segments,…

The Economic Times

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Rex misled with sky-high claims before $31.7m crash

A cash-strapped carrier which boasted it would deliver profits before turning a large loss has had another setback with a judge finding it misled the market.

AAP

Christine Lagarde's Sintra speech signals a new ECB playbook

Christine Lagarde says the ECB is back to basics but must adapt to a more volatile global economy.

Euronews

Iran prepares largest state funeral in history for slain Ayatollah Ali Khamenei

After months-long delays, Tehran is in the midst of organising a six-day, multi-city funeral for late Ayatollah Ali Khamenei, amid tight security and fragile US-Iran talks over Hormuz, nuclear and sanctions issues.

Euronews

Iran-US war latest: Vance says US in ‘great position’ even if talks fail in Qatar

Jared Kushner and Steve Witkoff will discuss the state of negotiations with mediators

The Independent UK

GTA 6 was so delayed that some players have been able to order it for free

It turns out some people actually used Bing.

Creative Bloq

SCB Julius Baer sees opportunity in fragmented global markets

Scb Julius Baer has told wealthy investors in Thailand to look beyond short-term market noise and position portfolios for opportunities in a world increasingly shaped by geopolitical rivalry, shifting supply chains, artificial intelligence and rising demand for capital.

Bangkok Post

Asian shares mostly higher tracking Wall Street gains and oil stabilizes

Asian shares are mostly higher tracking Wall Street gains, with South Korea's stock market, rebounding after earlier sharp losses on a tech sell-off

The Independent UK

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The Economic Times

Trump's fixation on voting has had mixed results. He still has ways to affect November's elections

Trump's attempts to reshape U.S. election rules have largely failed, with recent Supreme Court and lower court rulings blocking his executive orders and efforts to restrict mail-in voting. Despite these setbacks, Republicans have redrawn congressional districts, and the Justice Department is investigating election operations. Trump's persistent claims of a rigged…

AAP

'Cultural blindspot': push to go all in on gambling fix

One million dollars are lost to pokies by residents of the most populous state every hour as calls for gambling reforms grow louder.

The Economic Times

Trump urges gasoline retailers to lower prices, warns of 'big problems' if they don't

President Trump has demanded gasoline retailers immediately lower prices, targeting around $2.50 per gallon, and warned of "big problems" if they fail to comply. He previously instructed the Justice Department to investigate oil companies for alleged "gouging" amid fluctuating crude costs. Consumers are feeling the pinch, with the issue becoming…

The Independent UK

PHOTO ESSAY: Two victims on opposite sides of the global scam industry seek to rebuild their lives

One thought he was getting to know “Eliza” and was robbed of his life savings. The other was trafficked to a scam compound, beaten and forced to become “Ella” online. Separated by thousands of miles, Chris Colocousis and Safeer Mohammed Koorimannil inhabited opposite sides of the global cyberscam industry.

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The Independent UK

Methodology for AP/'FRONTLINE' investigation into how US tech is abused for global scams

The AP/“FRONTLINE” investigation was based on tens of thousands of leaked scam center files, videos and photos; an analysis with C4ADS of misuse of artificial intelligence at scam centers; an examination of more than 200,000 connections made by devices at four scam compounds in Myanmar linked to entities sanctioned by…

The Guardian - AU

Chinese tycoon Guo Wengui sentenced to 30 years in US prison for fraud

Guo Wengui, who gained fans for criticising Communist party in China, was found guilty in 2024 on nine charges including money laundering

The Independent UK

Takeaways from AP/'FRONTLINE' investigation into how US tech is abused for global scams

Technology from American companies is being used to power a revolution in the scam industry, playing a key role in the industrialization and globalization of fraud in ways that have not been clear until now, an AP/“FRONTLINE” investigation has found

The Economic Times

Gold price tumbles Rs 1,800/10 grams, silver slips below Rs 2.21 lakh/kg. What's next?

Gold and silver prices tumbled over 1% on Tuesday, driven by Middle East tensions and anticipated US Federal Reserve rate hikes to combat inflation. International spot gold saw its biggest monthly drop since 2008. Investors are closely watching upcoming US economic data for clues on the Fed's next move, with…

The Independent UK

Four days to make victims fall in love: How global scammers use US tech to fleece people

The Economic Times

US Stock Market: Economic resilience collides with expensive valuations on Wall Street

The US economy shows surprising strength with robust job growth and consumer spending, yet Wall Street is faltering. Investors are wary of lofty valuations, especially in the AI sector, as tech giants increasingly rely on debt for expansion. While chipmakers surge, the 'Magnificent Seven' face headwinds, creating market volatility despite…

The Economic Times

The US is getting something right — in Lebanon

Peace talks with Iran are a complex process to define the post-conflict regional balance. While Iran seeks to leverage its control over the Strait of Hormuz, a US-Lebanon-Israel agreement aims to integrate Hezbollah into the Lebanese state, potentially ending the war. This deal, though facing resistance, offers a path to…

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