Indian stock markets reached 13-month highs on Wednesday, fueled by optimism surrounding a potential US-India trade deal and anticipation of a US Federal Reserve interest rate cut. Both Nifty and Sensex saw significant gains, with analysts predicting further all-time highs driven by strong performance in IT, BFSI, and Oil and Gas sectors.
The Senate passed legislation Wednesday that would nullify U.S. tariffs on Canada, just as President Donald Trump is engaged in trade talks in Asia as well as an increasingly bitter trade spat with U.S.s northern neighbor that is one of its largest economic partners.
Earnings reports from Meta, Alphabet and Microsoft reaffirm that giants are ramping up their spending on artificial intelligence, as they rush to reap the benefits of an AI boom.
The mansion, first listed inJuly, was built in 1906 by Paul Starrett, who constructed the Empire State Building in New York and the Lincoln Memorial in Washington, D.C.
Bangladesh's interim chief Muhammad Yunus anticipates significant challenges to upcoming general elections. He warns of powerful domestic and international forces attempting to disrupt the polls. This comes as deposed Prime Minister Sheikh Hasina's Awami League is barred from contesting.
In a move reflecting the shifting landscape of the electric vehicle market, General Motors is poised to lay off approximately 5,500 workers from three of its manufacturing plants. The companys decision stems from a reassessment of its EV production strategy following the reduction of key electric vehicle tax credits.
