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Equity investments in Indian real estate may rise 49% to record $11 billion this year, says CII-CBRE report

Equity investments in Indian real estate are expected to reach record highs in 2024, projected betw…

PTI   


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Chip fever has created an $11 billion debt market backed by Nvidia's AI-enabling GPUs

Wall Street firms are loaning billions to a handful of tech companies that have used Nvidia's AI-en…

Jennifer Sor   


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Bradley Saacks   


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Will Caroline Ellison get jail time for her role in the $11 billion FTX fraud scheme? Here's what the judge must weigh.

Caroline Ellison likely won't do time for her role in FTX's collapse, ex-prosecutors say, though th…

Jacob Shamsian   


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Qatar Investment Authority unit, SBI funds, Citigroup biggest buyers in Adani Energy's USD 1 billion QIP

The Rs 8,373.10 crore (USD 1 billion) qualified institutional placement (QIP) of Adani Energy Solut…

PTI   


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Spirit Airlines stock plunges after report it's considering filing for Chapter 11 bankruptcy

A Chapter 11 bankruptcy has the potential to let Spirit Airlines restructure its debt following a f…

Lian Kit Wee,Will Martin   


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2 crypto tycoons are almost $15 billion richer after Trump's election victory

Binance founder Changpeng Zhao and Coinbase CEO Brian Armstrong became a whole lot wealthier on the…

Theron Mohamed   


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Here's where OpenAI's 11 cofounders are now

OpenAI has lost two of its cofounders in 2024. Here's where all 11 cofounders are now.

Jyoti Mann   


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Elon Musk is close to breaking his $340 billion wealth record as Tesla stock keeps rising

Elon Musk has grown about $105 billion richer this year, boosting his net worth to a near-record $3…

Theron Mohamed   


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Russia's war economy is so hot that at least 12 of its oligarchs received $11 billion in dividends over 15 months

The biggest winners from the dividend payouts were commodities exporters, Bloomberg reported.

Huileng Tan   


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Airport industry to see profit before tax of $1.3 billion this fiscal

"The topline will grow due to an increase in aeronautical revenue along with the receipt of…

PTI   


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Traders betting against clean energy stocks have made $1.3 billion since Trump's election win

Renewable energy stocks have tumbled since Trump won the election, as markets eye the potential for…

Kelly Cloonan   


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Dior and Gucci owners suffer $14 billion wealth crash as luxury stocks slide

LVMH's Bernard Arnault and Kering's François Pinault took a hit to their vast fortunes as luxury st…

Theron Mohamed   


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TSMC stock jumps on Biden's $11.6 billion funding to boost US chip manufacturing

TSMC's planned facilities are expected to produce 6,000 high-tech jobs and 20,000 construction jobs…

Yuheng Zhan   


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Microchip giant TSMC strikes $11.6 billion deal with Biden to boost production in Arizona

Taiwan Semiconductor's grants and loans will allow the company to build a third factory in Phoenix …

Theron Mohamed   


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Nvidia's value soars by $400 billion in 5 days. That's more than Costco is worth.

Nvidia's 14% rally has made the chipmaker more valuable than Microsoft, and CEO Jensen Huang the wo…

Theron Mohamed   


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3 major hurricanes in the last 13 months did billions of dollars of damage to Florida's farmlands — and that was before Milton

Milton's estimated damage was on par with the combined damage from Hurricanes Helene, Idalia, and D…

Aditi Bharade