Browsing: Business
Partner2Connect Digital Coalition reaches $73B in pledges, driving ITU’s mission to expand global connectivity and bridge the digital divide.
The U.S. saw a 32% drop in natural gas-directed rigs from 2022 to 2024, led by Haynesville and Appalachia, amid record-low prices and evolving technology.
Bank of Korea confirms South Korea’s economy grew 2 percent in 2024, showing resilience amid global challenges and steady GDP recovery.
Nvidia shares fall 9% as new tariffs take effect, erasing $265 billion in value and shaking investor confidence in the AI chipmaker.
Amazon-backed Anthropic’s valuation soars to $61.5B after a $3.5B funding round, reinforcing its AI dominance.
TSMC to invest $100B in U.S. semiconductor manufacturing, expanding its Arizona presence to boost domestic chip production.
India’s economy expanded by 6.2% in Q3 FY25, driven by robust rural demand, higher government spending, and strong exports despite global trade uncertainties.
US Treasury Secretary Scott Bessent’s absence at G20 fuels fears of an American retreat from the IMF and World Bank, raising concerns over global financial stability.
Apple Watch shipments in India surged 141% in 2024, defying a 30% market decline as demand shifted to premium smartwatches, with Apple capturing 50% of the high-end segment.
Apple is investing $500B in the US over four years, expanding AI, silicon engineering, and manufacturing, including a new factory in Texas and 20,000 new jobs nationwide.