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Among them: President Donald Trump is under pressure because the U.S. economy is in crisis, perhaps even a severe one. Oil prices have surged following the closure of the Strait of Hormuz and now threaten global stability. Iran under the ayatollahs has far greater economic and social staying power than the United States, while the…
Deepika Kumari (Image credit: X) NEW DELHI: India’s women’s recurve team scripted one of their biggest victories in recent years by stunning 10-time Olympic champions South Korea to enter the final of the Archery World Cup Stage 2 on Thursday.The experienced trio of Deepika Kumari, Ankita Bhakat and teenage archer Kumkum Mohod delivered a composed…
Emma Parry Clements, his great niece, said stories would be told of her great uncle at family tea times. “It’s amazing to see this turnout and him honoured in this way,” she said. “It was a part of history but I feel a part of it today standing here.” After the accident, the car was…
Hong Kong/Seoul — Samsung Electronics has become one of the leading beneficiaries of the global artificial intelligence boom. Surging demand for semiconductors has turned South Korea’s largest corporation into a $1 trillion company this year, propelling Seoul’s stock market to rank as the world’s sixth-largest. But one segment of the country is unhappy with the result:…
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Global brokerage Savills plc has agreed to buy real estate investment bank Eastdil Secured. The purchase price would reportedly be approximately £900 million, or US$1.2 billion. Sources confirmed for Connect CRE that Savills will acquire Eastdil. Eastdil owners Guggenheim Investments and Temasek Holdings have agreed to sell to Savills. Guggenheim and Singapore-based Temasek acquired Eastdil…
Washington — Kevin Warsh was narrowly confirmed Wednesday by the Senate to serve as the 17th chair of the Federal Reserve, inheriting a central bank that has long been under political siege from President Donald Trump and an economy rattled by geopolitical tensions that are driving inflation higher. Warsh will formally succeed Fed Chair Jerome Powell,…
BENGALURU: Corporate boardrooms are witnessing a quiet but significant shift: directors are becoming AI’s newest apprentices. The change reflects a growing recognition that AI’s impact extends far beyond technology. Directors are increasingly seeking a deeper understanding of how the technology can reshape operations, improve productivity and alter competitive positioning. In many companies, AI has become…
MUMBAI/BENGALURU: The restaurant industry is struggling to run regular operations due to the meagre supplies of LPG cylinders . With the govt’s move to hike commercial LPG allocation to up to 70%, it will take some time before the measure actually translates into sustained supply, executives said. “Supply is still hugely limited and erratic. A…
