US National Debt Surpasses $40 Trillion, Raising Fresh Concerns Over Fiscal Sustainability
WASHINGTON: The United States’ national debt has surpassed the $40 trillion mark for the first time, according to the U.S….
UK Inflation Rises to 2.9% in July as Household Energy Bills Surge
LONDON: UK annual consumer price inflation rose to 2.9 percent in July, up from 2.6 percent in June, reaching its…
Savills First-Half Profit Jumps 47% as North America Swings to Profit After Eastdil Deal
LONDON — Global real estate advisor Savills reported a 47% rise in underlying pretax profit to £34.3 million ($46.24 million)…
Intel Plans $15 Billion Share Sale to Fund Chip Manufacturing Expansion
SANTA CLARA: Intel plans to raise $15 billion through a share sale as the U.S. chipmaker seeks to capitalize on…
Nvidia Partners with Wall Street Giants in $500 Billion AI Infrastructure Financing Initiative
NEW YORK: Nvidia has partnered with a group of major Wall Street financial institutions to mobilize more than $500 billion…
UK Housing Market Stagnates in July as Higher Mortgage Rates, Iran War Weigh on Demand
LONDON — Britain’s housing market remained largely stagnant in July, with house prices showing no monthly growth as higher borrowing…
Samsung, SK Hynix Investors Demand Higher Shareholder Returns Amid AI-Driven Cash Boom
Seoul: Shareholders of South Korea’s leading memory chip manufacturers, Samsung Electronics and SK Hynix, are calling for significantly higher dividends…
Google’s $15 Billion India Data Centre Project Faces Environmental and Legal Scrutiny
New Delhi: Google’s planned $15 billion data centre project in India’s southern state of Andhra Pradesh is facing mounting environmental…
BP Profit More Than Doubles as Iran Conflict Drives Oil Price Surge
LONDON: British energy giant BP reported a sharp increase in second-quarter earnings after higher global oil and gas prices, fuelled…
Apple Launches Legal Challenge Against UK Government Over Encrypted Data Access Demand
LONDON: Apple has launched a new legal challenge against the UK government’s demand for access to customers’ encrypted iCloud data,…