Elon Musk’s xAI now raises USD 6 billion for developing Artificial Intelligence
Hashtag: #BusinessNews
Maldives planning to introduce India’s RuPay service amid recent diplomatic tension
Maldives likely to introduce RuPay service
Google to manufacture Pixel phones and drones in India
Google to manufacture Pixel phones and drones in Tamil Nadu
Oreo cookies maker Mondelez fined USD 366 million by the European Union for market rigging
European Commission fines Mondelez USD 366 million
Microsoft introduces Copilot Plus PCs designed for AI
Microsoft unveils Copilot Plus PCs designed for AI
Global economic growth improves but ‘downsides’ lurk, unveils UN report
The world economy is forecast to grow by 2.7 per cent in 2024, up from 2.4 per cent projected at the start of the year. Growth will reach 2.8 per cent in 2025, representing a slight increase.
Singapore Airlines posts record net profit for FY24; higher dividend and big, fat staff bonus on the way
Total revenue during the year was SGD 19 billion; total expenditure SGD 16.29 billion; and operating profit SGD 2.73 billion.
Emirates Group’s record profit for FY24 translates to 5-month bonus pay for employees in May
HH Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, congratulated the Emirates Group, of which the largest operation is Emirates airline.
Indian EAM S Jaishankar focuses on reviving manufacturing, touching USD 30 trillion economy mark by 2047 while setting goals for ‘Viksit Bharat’
Indian External Affairs Minister S Jaishankar urges Indian business bodies to partner with government to ensure revival of manufacturing sector
Open AI introduces GPT-4o model
Tech giant Open AI introduces GPT-4o model
