Economy & Markets
IMF Chief Warns African Food and Fuel Crisis After U.S.-Iran Clash
Within hours of the first missile exchange between the United States and Iran, IMF Managing Director Kristalina Georgieva warned that…
India’s Orange Economy Demands Fresh Funding at Creative Conclave
India’s orange economy—its vibrant mix of arts, culture, design and experiential ventures—generated roughly $31 billion in revenue last year, according to the…
Dubai Chamber Sparks Surge by Launching 32 New Apps
The Dubai Chamber of Digital Economy announced that its Create Apps accelerator programme has successfully launched 32 new applications in…
Baron’s $1 Billion SpaceX Bet Raises Stakes to $25 Billion
Ron Baron’s $1 billion investment in SpaceX’s IPO lifted his holding to $25 billion, a stake that could be worth hundreds of…
Retail Investors Stuck with Scrappy SpaceX IPO Shares
Only 3,200 retail investors actually received shares in SpaceX’s blockbuster IPO, and the average allocation was just 12 shares per…
Deal or No Deal: How a US‑Iran Pact Could Spike Oil and Food Prices
A tanker off the coast of Oman was forced to reroute around the Strait of Hormuz last week, adding an…
Anthropic Scrambles to Explain AI Model Shutdown After White House Call
At 9:42 a.m. EDT, Anthropic’s homepage flashed a stark notice: access to its flagship Claude 3 model was temporarily disabled for all…
SpaceX IPO Surpasses Expectations by $12 Billion
SpaceX’s initial public offering slammed the market with a $87.5 billion raise – $12 billion above the $75 billion analysts had penciled in.…
Tech Debt Traps Companies in AI Pilot Purgatory
When a multinational retailer tried to launch a demand‑forecasting bot, the system stalled after two weeks because the underlying data‑warehouse…
Micron Rises on AI Memory Surge Ahead of Earnings
Micron Technology (MU) jumped 4.2% at $71.85 on Tuesday, its highest close in three weeks, as investors poured money into…