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Elon Musk’s xAI secures $20B boost as Nvidia, Apollo, and Valor back data centre expansion

Elon Musk’s artificial intelligence company xAI is scaling up its ambitions with a massive $20 billion funding round, backed by Nvidia, Apollo Global Management, and Valor Capital, Bloomberg reported.The financing…

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SoftBank to acquire ABB’s robotics unit for $5.4B in AI push

SoftBank Group said on Monday it would acquire the robotics division of Swiss engineering firm ABB for $5.4 billion, marking one of its most ambitious bets yet on the convergence…

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European stocks open higher: CAC 40 climbs 0.11%, FTSE 100 jumps 0.14%

European shares opened mostly higher on Wednesday, led by gains in banks and energy stocks, though advances were tempered by declines in automobile and technology shares. The pan-European STOXX 600…

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EU steel tariff surge threatens UK exports and auto supply chains

The European Union’s decision to slash duty-free steel quotas and double tariffs on excess imports to 50% has triggered alarm among British steelmakers and European manufacturers alike. The move, designed…

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Why Tata Motors stock remains in the red for the fourth session running

Tata Motors stock continues its downward streak, dropping for the fourth straight session to ₹688.9 on the NSE, a fall of nearly 7% in under a week amid mounting investor…

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CAC 40 Index outlook: Understanding the decline and future forecast

The CAC 40 Index remained under pressure this week as investors reacted to the political crisis in France. The index, which tracks the biggest companies in France, was trading at…

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DAX Index analysis: Why German stocks are rising this year

The DAX Index has held steady in the past few days and is hovering at near its all-time high of €24,635. It was trading at €24,378 today, up by over…

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Europe markets open: Stoxx 600 flat, CAC 40 on edge as French govt crisis deepens

A day of high political drama is unfolding in the heart of Europe, as a government in Paris teeters on the brink of collapse, sending a chill through a market…

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LG India’s $1.3B share sale highlights record IPO momentum in October

South Korean giant LG Electronics has opened subscriptions for its Indian subsidiary’s initial public offering (IPO) worth $1.3 billion, one of the largest consumer-goods listings in India. The move, which…

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Trilogy Metals shares soar over 200% as White House takes 10% stake

Shares of US-listed Canadian explorer Trilogy Metals surged as much as 205% in premarket trading on Tuesday after the White House said it would acquire a 10% stake in the…

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