News

Reliance Industries’ billionaire Mukesh Ambani and Google have unveiled a budget smartphone for the larger Indian market, according to Bloomberg. JioPhone, targets millions of first-time users in India. The “built...

Warren Buffett has resigned from his board position at the Bill and Melinda Gates Foundation, according to Axios. The philanthropy, which is second-biggest globally, shall now be governed by two...

Bitcoin declined to the lowest in the year to below $30,000 but gained almost 8% to trade at more than $34,000. Bitcoin's small competitors rose, Ethereum 6% to $2,014 and...

Multinational investment bank Goldman Sachs Group Inc. has started trading on JPMorgan Chase & Co.'s repurchase blockchain network, Bloomberg reported. Goldman Digital Assets Global Head Mathew McDermott said the first...

Japan manufacturing slipped in June due to a steep decline in output, IHS Markit reported Wednesday. Jibun Bank Japan Manufacturing Purchasing Managers' Index dropped to 51.5 in June from 53.0...

Moody’s economist Mark Zandi, has expressed concerns that Fed’s reduced support towards the U.S. economy could plunge the country’s stocks by 20%, according to Business Insider. According to Mr. Zandi,...

Bitcoin continues to struggle as China’s central bank reinstated their commitment on cracking down on cryptocurrencies and banning trading channels for Chinese citizens. Bitcoin sell-off persisted as the Bank of...

Tesla Inc. is set to hold an AI Day by next month in a bid to entice talent to join the company, Electrek reported. Chief Executive Officer Elon Musk took...

Eight banks, which were not allowed to sell syndicated debt sales, got the greenlight to take part in future bond issues, according to a report by Reuters on Friday. JP...

Michael Burry of "The Big Short" fame took to Twitter on Thursday to warn of a looming crash of cryptocurrencies, Insider reported. Burry in a series of tweets said he...

British retailer Tesco PLC. posted a sharp decline in sales growth for the first quarter as customers headed out to dine in establishments, Reuters reported. Like-for-like sales excluding taxes climbed...

Diversified conglomerate Danaher Corp. on Thursday said it has inked a $9.6-billion purchase agreement for biotech firm Aldevron. Danaher will pay in cash, funded internally through cash on hand and...