In a significant move reverberating across the global technology landscape, Microsoft has announced a fresh round of job cuts, impacting nearly 4% of its worldwide workforce. This decision, following a similar reduction of approximately 6,000 employees in May 2025, underscores the tech giant’s intensified focus on managing costs amidst soaring investments in artificial intelligence (AI) […]

In a significant development for the global liquefied natural gas (LNG) market and a testament to the robust execution of its projects, Venture Global LNG announced a major credit rating upgrade for its flagship Calcasieu Pass LNG export facility. S&P Global Ratings, one of the world’s leading independent credit rating agencies, has elevated the project’s […]

The global business landscape is undergoing a profound transformation, driven by an unprecedented surge in Artificial Intelligence (AI) adoption. A groundbreaking new report from Nasscom, titled ‘Enterprise Experiments with AI Agents – 2025 Global Trends,’ reveals that a staggering 88 percent of global enterprises now boast dedicated budgets for AI initiatives. This significant financial commitment […]

In a move set to further cement India’s position as a global innovation powerhouse, AstraZeneca, the renowned science-led biopharmaceutical company, has unveiled the expansion of its state-of-the-art Global Hub in Bangalore. This significant investment, totaling ₹166 crore (approximately $20 million USD), is far more than just a new building; it represents a strategic pivot towards […]

In a move set to reverberate across the global technology landscape, Chinese consumer electronics titan Xiaomi has announced an unprecedented commitment: a staggering 200 billion yuan (approximately US$28 billion) will be poured into research and development (R&D) between 2026 and 2030. This monumental investment, revealed by founder and CEO Lei Jun during a highly anticipated […]

Digital payments behemoth PhonePe has officially set its sights on the public markets, initiating its much-anticipated Initial Public Offering (IPO) journey. The move marks a significant milestone for the company, poised to become one of India’s most prominent tech listings in recent memory. Sources close to the development revealed to CNBC-TV18 on Monday evening that […]

In a landscape increasingly defined by shifting geopolitical alliances, persistent economic headwinds, and the relentless march of technological innovation, the latest World Investment Report from the United Nations Conference on Trade and Development (UNCTAD) paints a nuanced, somewhat paradoxical picture of global foreign direct investment (FDI). While the headline figure suggests a modest 4% overall […]

In a significant boost to India’s burgeoning aviation sector, Adani Airports Holdings Ltd. (AAHL) has successfully secured a substantial $1 billion in financing for the expansion and modernization of Mumbai International Airport Ltd. (MIAL), also known as the Chhatrapati Shivaji Maharaj International Airport (CSMIA). This landmark deal, announced on Tuesday, June 24, 2025, underscores the […]

In a significant move poised to redefine economic ties between two prominent global players, Badan Pengelola Investasi Daya Anagata Nusantara (Danantara Indonesia), a key Indonesian state-owned investment vehicle, and the Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, have officially announced the establishment of the Russia-Indonesia Investment Platform (RIDNIP). This ambitious joint venture, armed […]

In a move set to significantly accelerate its global expansion and cement its position as a transformative force in the international automotive trading landscape, Weston N.V., a leading Belgian-headquartered automotive trading company, today announced a substantial €100 million investment commitment from GEM Global Yield LLC SCS (“GEM”). This strategic partnership with GEM, a formidable $3.4 […]