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America’s ageing and under-maintained roads are pushing cities and states to adopt artificial intelligence tools that can spot hazards, flag repairs and prioritise fixes in real time — a shift gaining pace amid rising traffic deaths and stretched public works budgets.From Hawaii and Texas to San Jose, local governments are deploying AI-powered dashcams, vehicle-mounted cameras…
NEW DELHI: India is poised to break into the top five markets globally for Nestlé over the next five years, driven by scale, favourable demographics and long-term growth drivers. Already among its fastest-growing markets globally, with over 14% growth last year, India receives “a strong global focus alongside sustained investments in R&D, manufacturing and brands”,…
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A new class of crypto treasury companies is emerging around Strategy’s high-yield stock, STRC, drawing in firms looking to capture both exposure to bitcoin BTC$73,867.77 and additional income. STRC is a security issued by Strategy, the largest publicly traded holder of bitcoin, as a funding vehicle to support its ongoing bitcoin accumulation strategy. The company…
The U.S. Federal Deposit Insurance Corp. formally proposed its approach to stablecoin issuers as one of the federal financial regulators required to write and oversee rules under last year’s Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The FDIC’s proposal —meant to align closely with what its sister banking agency, the Office of…
Senior Congress leader Shashi Tharoor (PTI file photo) NEW DELHI: Senior Congress leader and MP Shashi Tharoor on Thursday once again appeared to strike a balanced tone. While expressing respect for the country’s first prime minister, Jawaharlal Nehru, and calling him the founder of Indian democracy, Tharoor also said it was necessary to acknowledge Nehru’s…
Morgan Stanley is signaling a growing focus on tokenization and blockchain-based infrastructure, framing “onchain” finance as a potential next step in how it serves wealth clients. Speaking during the bank’s first-quarter earnings call, executives described a future where assets and liabilities move more freely across digital rails. “How do you think of a tokenized world?…
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