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Hong Kong's IVF rules send people into black market for eggs, embryos

At a time Hong Kong is trying to reverse one of world's lowest birth rates, residents seeking to have a baby outside of traditional means are running into strict rules on fertility treatments

Hong Kong's IVF rules send people into black market for eggs, embryos
Updated On : 07 Dec 2024 | 12:00 AM IST

A $500 billion haul reignites passive controversy on Wall Street

Contrary to popular claims that price-agnostic money is fuelling market distortions by blithely lavishing capital just to largest companies, a Goldman Sachs Group study showed the role of fundamentals

A $500 billion haul reignites passive controversy on Wall Street
Updated On : 06 Dec 2024 | 11:06 PM IST

US hiring rebounds, but rising unemployment keeps Fed rate cut alive

Nonfarm payrolls rose 227,000 last month following an upwardly revised 36,000 gain in October according to Bureau of Labor Statistics figures released Friday

US hiring rebounds, but rising unemployment keeps Fed rate cut alive
Updated On : 06 Dec 2024 | 9:46 PM IST

RBI raises rates for non-residents to attract forex, halt rupee losses

The move comes as the monetary authority has been using its foreign-exchange reserves to slow the pace of the drop in the rupee

RBI raises rates for non-residents to attract forex, halt rupee losses
Updated On : 06 Dec 2024 | 1:45 PM IST

Japan looks forward to talks with Trump that include cutting auto tariffs

US was Japan's biggest export destination in 2023 with cars and auto parts making up a third of shipments, according to Japan's Finance Ministry

Japan looks forward to talks with Trump that include cutting auto tariffs
Updated On : 06 Dec 2024 | 10:23 AM IST

World's richest man Elon Musk is now America's biggest political donor

Musk put in at least $274 million into political groups in 2024, fueling a spree that helped Donald Trump win the presidential election

World's richest man Elon Musk is now America's biggest political donor
Updated On : 06 Dec 2024 | 10:13 AM IST

Cause of 'Disease X' investigated after it killed 79 people in Congo

Almost 200 of the 376 afflicted with a flu-like illness are younger than five, said Jean Kaseya, director of the Africa Centres for Disease Control and Prevention

Cause of 'Disease X' investigated after it killed 79 people in Congo
Updated On : 06 Dec 2024 | 8:53 AM IST

Eli Lilly to boost weight-loss drug supply with $3 billion expansion

The company's s blockbuster weight-loss and diabetes drugs have made it the most valuable pharmaceutical company in the world

Eli Lilly to boost weight-loss drug supply with $3 billion expansion
Updated On : 06 Dec 2024 | 8:31 AM IST

Elon Musk's xAI raises $6 billion, wraps up latest round of funding

The equity financing came from 97 investors, and includes stakes as small as $77,593

Elon Musk's xAI raises $6 billion, wraps up latest round of funding
Updated On : 06 Dec 2024 | 8:29 AM IST

Donald Trump ran out the clock on 2020 election civil rights lawsuit

It's the latest fallout for Trump's courtroom adversaries after his election win in November

Donald Trump ran out the clock on 2020 election civil rights lawsuit
Updated On : 06 Dec 2024 | 7:53 AM IST

India beats China in green investments; deals worth $2.4 bn completed in Q3

The momentum is being driven by India's push to build out local clean energy capacity to limit reliance on China, and the prospects of becoming an exporter of the technologies

India beats China in green investments; deals worth $2.4 bn completed in Q3
Updated On : 06 Dec 2024 | 7:47 AM IST

Donald Trump's plan to impose 10% tariff on China has $64 bn import hole

It might be difficult to achieve it fully because tens of billions of dollars worth of goods will probably escape those import taxes due to loopholes and undercounting

Donald Trump's plan to impose 10% tariff on China has $64 bn import hole
Updated On : 06 Dec 2024 | 7:33 AM IST

Chinese hackers breached eight US telecom providers, says White House

The update comes after officials from the US Department of Homeland Security's Cybersecurity and Infrastructure Security Agency said Tuesday

Chinese hackers breached eight US telecom providers, says White House
Updated On : 05 Dec 2024 | 11:34 PM IST

IMF's handling of large loans to troubled nations under scrutiny

The fund's Independent Evaluation Office studied roughly 20 years of lending under the so-called Exceptional Access Policy and prepared a set of recommendations

IMF's handling of large loans to troubled nations under scrutiny
Updated On : 05 Dec 2024 | 8:45 AM IST

Donald Trump picks donor Kelly Loeffler for small business administration

The SBA is the federal agency responsible for helping "Americans start, grow, and build resilient businesses" according to its website

Donald Trump picks donor Kelly Loeffler for small business administration
Updated On : 05 Dec 2024 | 8:13 AM IST

India's GDP growth loses momentum: What's behind the urban spending freeze?

India's swelling urban middle class has been the engine of its growth for far longer than government capex has

India's GDP growth loses momentum: What's behind the urban spending freeze?
Updated On : 05 Dec 2024 | 7:40 AM IST

TotalEnergies to buy Germany based renewables firm VSB for 1.57 bn euro

The VSB announcement comes days after TotalEnergies' renewables strategy faced a series of setbacks in other regions

TotalEnergies to buy Germany based renewables firm VSB for 1.57 bn euro
Updated On : 05 Dec 2024 | 12:06 AM IST

Microchip Technology pauses Chips Act application amid inventory woes

The struggling chipmaker was in line for $162 million in grants from the Chips and Science Act to support plants in Oregon and Colorado

Microchip Technology pauses Chips Act application amid inventory woes
Updated On : 04 Dec 2024 | 8:47 AM IST

Intel's hunt for CEO to focus on outsiders, including Marvell's head

This week's sudden ouster of CEO Pat Gelsinger set off an urgent search for new leadership at a time when the chipmaker's fortunes are shaky and its bench has been depleted

Intel's hunt for CEO to focus on outsiders, including Marvell's head
Updated On : 04 Dec 2024 | 8:38 AM IST

Meta seeks new nuclear reactors as reliable source to run US data centres

Meta is racing to line up clean energy to meet the massive electricity needs of its artificial intelligence ambitions

Meta seeks new nuclear reactors as reliable source to run US data centres
Updated On : 04 Dec 2024 | 8:01 AM IST