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Industrivarden Q2 Net Income Rises

India, July 8 -- Industrivarden (IDVA.BE,INDU_A.ST,INDU_C.ST,IDVA.F) reported that its second quarter net income was 24.63 billion Swedish kronor compared to 1.84 billion kronor, prior year. Earnings ... Read More


CAC 40 Down 2.2% As Middle East Conflict Fuels Inflation, Interest Rate Concerns

India, July 8 -- French stocks fell sharply on Wednesday as renewed tensions in the Middle East and the resultant surge in oil prices and bond yields rendered the mood bearish. Political uncertainty i... Read More


Indian Shares Slump As Hormuz Ceasefire Collapses

India, July 8 -- Indian shares fell sharply on Wednesday as renewed U.S.-Iran tensions drove up crude oil prices, threatening inflation outlook and giving rise to Fed rate hike expectations. The U.S.... Read More


Iran Attacks US Military Sites After US Hits Over 80 Iranian Targets

India, July 8 -- The weeks old truce was broken Tuesday as the United States and Iran traded strikes in the Middle East. U.S. Central Command said its forces completed a new round of offensive strike... Read More


Malaysia Rate Decision On Tap For Thursday

India, July 8 -- The Malaysian central bank will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic act... Read More


DAX Tumbles Nearly 2.5% As Oil Prices, Bond Yields Rise On Middle East Tensions

India, July 8 -- German stocks plunged sharply on Wednesday as escalating tensions in the Middle East pushed up oil prices and triggered inflation and rate concerns, prompting investors to exit counte... Read More


Gold Prices Tumble As US-Iran Tensions Revive Rate-hike Fears

India, July 8 -- Gold prices were sharply lower on Wednesday as the dollar strengthened and global bond yields surged on renewed Middle East tensions. Spot gold tumbled 1.3 percent to $4,052.96 an ou... Read More


Meta Faces Privacy Backlash Over AI Tool That Uses Public Profile Photos

India, July 8 -- Meta Platforms Inc. (META) is facing criticism over a new AI tool, Muse Image, which can generate pictures using other people's profile photos without notifying them. Muse Image is o... Read More


Blue Origin Seeks $10 Bln In First External Funding At $130 Bln Valuation

India, July 8 -- Blue Origin is reportedly seeking about $10 billion in its first outside funding round a deal that would value Jeff Bezos' space company at roughly $130 billion, according to CNBC. S... Read More


Judge Allows Lawsuit Over United's 'Window Seats' Without Windows To Proceed

India, July 8 -- A U.S. federal judge has ruled that United Airlines (UAL) must face a proposed class-action lawsuit accusing the carrier of misleading passengers by charging extra for "window seats" ... Read More