AI image used for representative purposes Russia’s foreign ministry firmly claimed on Wednesday that it has “no reason to believe” that India changed its stance on purchasing Russian oil, despite US claims suggesting otherwise. The ministry emphasised that the oil trade benefits both nations and helps maintain global energy market stability, while dismissing recent statements…
Bitcoin trading remained volatile on Thursday, rising to around $67,000 after briefly dipping near $65,900, as traders weighed a new message from U.S. President Donald Trump claiming the nation’s trade deficit has been cut by 78% thanks to tariffs and could turn positive later this year. “The United States trade deficit has been reduced by…
NEW DELHI: Microsoft founder Bill Gates on Thursday pulled out of AI Impact Summit and not be delvering his keynote address.Originally, Gates was supposed to be one of the primary speakers at the event. However, Gates faced flak after his name appeared in portions of Epstein files released by the US justice department.In a post…
Check out the companies making headlines in midday trading. Wingstop — Shares of the chicken wing chain jumped about 13% on an upbeat outlook . Wingstop said it sees flat to low-single-digit domestic same-store sales growth for fiscal 2026. In the fourth quarter, the company’s same-store sales declined 5.8% on a year-over-year basis, coming in…
Salil Parekh, CEO and MD, Infosys (File photo) New Delhi: Infosys CEO Salil Parekh suggested that stock market investors may be misreading the impact of AI tools from companies like Anthropic, arguing that rather than shrinking opportunities for IT services firms, such technologies are likely to expand and reshape the demand for their capabilities. He…
Wallet infrastructure firm Kresus Labs has raised approximately 18 billion won ($13 million) in investment from Hanwha Investment & Securities, one of South Korea’s largest financial institutions. The investment follows a memorandum of understanding signed in December at Abu Dhabi Finance Week and is aimed at expanding Kresus’ enterprise digital wallet infrastructure, real-world asset (RWA)…
Gyanesh Kumar, Chief Election Commissioner (File photo) Guwahati: Chief election commissioner Gyanesh Kumar on Wednesday said special revision (SR) of Assam’s electoral roll was a legal exercise to remove ineligible voters, while signalling that the state’s election schedule would be framed around Rongali Bihu after parties sought polls before the mid-April festival. The CEC said…
Check out the companies making headlines in after-hours trading. DoorDash — The food delivery company’s stock price jumped about 10%, reversing an earlier decline. The company reported that its total orders increased 32% in the fourth quarter from the year-ago period. Revenue for the period was also up 38%. Still, fourth-quarter results on the top…
US stocks moved higher on Wednesday, driven largely by gains in Nvidia, the market’s most influential stock. The S&P 500 rose 0.9%, pulling within 1.1% of its all-time high set late last month. The Dow Jones Industrial Average was up 308 points, or 0.6%, as of 12:21 p.m. Eastern time, while the Nasdaq composite climbed…
OpenAI is stepping deeper into crypto security with the launch of EVMbench, a new testing framework designed to measure how well artificial intelligence can understand and potentially secure smart contracts on Ethereum and similar blockchains. Smart contracts, self-executing code deployed on blockchains like Ethereum, underpin decentralized exchanges, lending protocols and a wide range of onchain…
