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Musk backs SpaceX-Tesla merger as rocket firm turns profit
Elon Musk said Tuesday he would back a merger of SpaceX and Tesla, as his rocket and AI company reported its first quarterly profit since going public, driven by deals to rent out computing power to AI firms.
Musk says backs SpaceX-Tesla merger as rocket firm turns profit
Elon Musk said Tuesday he would back a merger of SpaceX and Tesla, as his rocket and AI company reported its first quarterly profit since going public, driven by deals to rent out computing power to AI firms.
US regulators certify Boeing 737 MAX 10 after delays
US officials gave final approval Tuesday to the Boeing 737 MAX 10, certifying the latest long-delayed version of the popular single-aisle aircraft.
Lula campaign seeks to disqualify Bolsonaro over Meta 'interference'
Brazilian President Luiz Inacio Lula da Silva's campaign team will request the disqualification of rival Flavio Bolsonaro on Tuesday over alleged election interference by tech giant Meta, a source told AFP.
Meta says it complied with Brazil court order to treat candidates equally
US tech giant Meta said Tuesday it had complied with a Brazilian court order to treat the election campaigns of President Luiz Inacio Lula da Silva and Flavio Bolsonaro equally.
Tech jitters lead stocks lower, oil surges then slides
Technology firms led losses across sluggish stock markets Tuesday on growing fears about the AI investment boom ahead of earnings reports from major companies in the sector.
Investors pledge 230 billion euros at German summit: Merz
Major companies at an economic summit hosted by the German government have committed to investing around 230 billion euros ($258 billion), Chancellor Friedrich Merz said Tuesday in Berlin.
Solid GM results overshadowed by latest jump in commodity costs
Higher commodity costs due to the US-Iran war overshadowed General Motors' solid earnings and a new share buyback announcement Tuesday, sending shares lower.
Houthi attacks undermine Saudi Arabia's economic ambitions
With airports closed and the capital brought to an effective standstill, attacks by Yemen's Houthis on Saudi Arabia have thrown a wrench in the kingdom's ambitious plans to overhaul the economy and draw foreign investment.
Power outage hits Google Cloud services, disrupting UK banks
A power outage at a Google Cloud data centre near London caused serious failures to services on Tuesday, leading to widespread disruptions for several UK banks.
EU unveils new Arctic strategy in face of US, Russia threats
The European Union on Tuesday unveiled a push to boost Arctic surveillance and expand icebreaker fleets as it jostles with Russia, the United States and China in the key region.
AI challenges maths by solving the unsolvable
Announcements over recent months that artificial intelligence models have cracked previously unsolvable problems are shaking to the core top-level mathematicians, who are now asking themselves: where do we come in?
More Than 52,000 West Midlands Families Use Tax-Free Childcare
More than 52,000 families in the West Midlands are using Tax-Free Childcare, with HM Revenue and Customs encouraging other eligible households to register.
Analysts Stay Positive on Vedanta After Hindustan Zinc’s Strong Quarter
Market analysts retained positive views on Vedanta after Hindustan Zinc posted quarterly earnings above expectations and strong operating performance.
World Gold Council Sees Digital Gold Market Tripling by 2031
The global market for digital gold could reach $160 billion to $170 billion by 2031 if providers resolve trust, access and regulatory concerns, the World Gold Council said.
Industry Groups Outline Four Steps to Help Women Farmers Reach Markets
The Solvent Extractors’ Association of India and Solidaridad proposed four measures aimed at improving women farmers’ access to formal agricultural markets.
Paras Healthcare Raises ₹652.5 Crore From IPO Anchor Investors
Paras Healthcare secured ₹652.5 crore from anchor investors before its ₹1,450-crore initial public offering opens on October 21.
Gold Remains Under Pressure as Energy Inflation Clouds Rate Outlook
Gold traded near $4,145 an ounce after retreating as higher energy prices added to inflation concerns and complicated expectations for US interest rates.
Tamil Nadu Adds 25 State-Funded Workdays for Eligible Rural Households
Tamil Nadu will fund 25 additional days of wage employment for eligible rural households that complete 125 days under the VB-G RAM G programme.
Brokerages See Eternal Extending Food Delivery and Quick-Commerce Gains
Brokerage forecasts point to further market-share gains for Eternal in food delivery and quick commerce during the second quarter of the 2027 financial year.
Tonbo Imaging IPO Draws Nearly 136 Times the Shares Offered
Tonbo Imaging India’s initial public offering closed 135.90 times subscribed, with qualified institutional buyers providing the strongest demand.
Asian Technology Shares Slide as Investors Reassess AI Boom
Technology companies led losses across Asian markets as investors questioned high AI valuations despite a rebound on Wall Street.
QNB and Qatar Airways Forge Worldwide Digital Payments Alliance
QNB Group will process e-commerce payments for Qatar Airways under a global partnership intended to strengthen transaction security, visibility and efficiency.
CNN Global Perspectives to Make Middle East Debut in Doha
Senior officials, executives and international figures will meet at Rosewood Doha on October 29 for CNN’s first Global Perspectives event in the Middle East.
Tech in focus as stock markets retreat; oil surges
Technology firms led losses across stocks markets Tuesday on growing fears about the AI investment boom ahead of crunch earnings from the key sector.
UN says 19 mn Afghans facing acute food insecurity by April
The number of people facing acute food insecurity in Afghanistan is set to rise above 19 million during the forthcoming winter season, the United Nations warned on Tuesday.
Rubio lands in India for 'trade diplomacy'
US Secretary of State Marco Rubio arrived in India on Tuesday, his second official visit to the country this year, as he pursues an Asian tour blending diplomacy and trade.
Canada awaits result in Alberta independence vote
Canada was waiting Monday for the results of a vote on whether the oil-rich province of Alberta wants a binding independence referendum, following a divisive campaign that tested national unity.
Middle East fuel crunch drives solar push in tiny Fiji
Power cables weave through palm trees high above Fiji's Rukurukulevu Village, linking residents to the national grid and a select few to solar panels.
Lula or Bolsonaro's son? Brazil makes a final choice
A presidential runoff between Brazil's incumbent leader Luiz Inacio Lula da Silva and his right-wing challenger Flavio Bolsonaro will decide the fate of Latin America's largest democracy on Sunday.
Ukraine races to secure energy supplies ahead of winter
Hardly a day goes by now in Ukraine without news of another Russian air strike on the country's energy sector, causing widespread blackouts, including in the capital, Kyiv.
EU unveils strategy to boost Arctic presence
The EU is to unveil plans to bolster its foothold in the Arctic Tuesday, as it grapples with pressure from Russia and the United States in the key strategic region.