The S&P 500 slid in a head-spinning day for traders as they digested new tariffs proposed by President Donald Trump that were in flux throughout the day. The trade policy uncertainty has brought the benchmark to the brink of a correction, which is defined as a decline of 10% from its high. The Dow Jones…
The corporate watchdog has sued the trustee Australia’s largest superannuation fund over the delay in processing thousands of death benefit claims. Source link
Bessemer Venture Partners (BVP) has announced the close of its $350 million fund, marking its second dedicated India fund. The firm will look to backing early-stage startups across AI, SaaS, fintech, digital health, consumer brands, and cybersecurity. The fund will primarily focus on Series A and earlier-stage investments, but Bessemer remains stage-agnostic. “Bessemer follows a…
Canada’s main stock index fell on Tuesday, as investors priced in U.S. President Donald Trump’s announcement of additional tariffs on Canadian metals. The TSX Composite Index slid 132.51 points, to 24,248.20 The Canadian dollar nosed up 0.07 cents to 69.37 cents U.S. Alimentation Couche-Tard remains in the news. The company said…
The Australian share market recovered ground from an early-session plunge but still finished the day lower after US recession fears and a Wall St sell-off sent investors ducking for cover. Source link
Major General CS Mann, Additional Director General (ADG) of Army Design Bureau (ADB), on Tuesday urged the defence industry to take up the major challenge of developing drones that meet tough operational conditions at the high-altitude areas, including reduced performance of machines and frequent drying up of batteries that drive the unmanned systems. Speaking…
Stock futures edged higher Tuesday after concerns that a recession would hit the U.S. economy sparked a broad selloff on Monday Futures for the Dow Jones Industrials spiked 178 points, or 0.4%, to 42,118. Futures for the S&P 500 index moved up 27.25 points, or 0.5%, to 5,648 Futures for the tech-heavy NASDAQ jumped 115.75…
Nadia Budihardjo and Claire Tyrrell discuss a Danish town planner’s blunt assessment of Perth planning principles. Source link
Rating firm ICRA has forecast that India’s data centre operational capacity will go up to 2,000-2,100 MW by March 2027 from around 1,150 MW as of December 2024. This would require an investment in the range of Rs 40,000-45,000 crore in the next two years. It attributed the growth to Internet and data usage and…
– Trump threatens a 250% tariff on Canadian dairy. – Fed Chair Powell is still in no hurry to cut rates – USD opens mixed after a quiet overnight session. USDCAD: open 1.4355 overnight range 1.4355-1.4392, close 1.4374, WTI 67.19, Gold 2910.83 The Canadian dollar is slipping lower on the back of fresh tariff threats…