Author: Editor-In-Chief
Reserve Bank of India (RBI) signage in Mumbai, India, Friday, April 5, 2024. Dheeraj Singh | Bloomberg | Getty ImagesIndia’s central bank on Wednesday kept its policy rate unchanged at 5.25%, warning that the Iran war has heightened inflation concerns while also warning of risks to economic growth.Economists polled by Reuters had expected interest rates to remain unchanged.Reserve Bank of India Governor Sanjay Malhotra said in a statement that the intensity and duration of the conflict, and the resulting damage to energy and other infrastructure, poses “risks to (India’s) inflation and growth.”The RBI has revised India’s real GDP growth rate…
Samuel Boivin | Null Photo | Getty Imagesalibaba China Telecom and China Telecom will open a data center in southern China powered by the e-commerce giant’s own chips as China ramps up its focus on homegrown AI infrastructure.The facility, announced Tuesday, will be equipped with 10,000 of Alibaba’s Zhenwu semiconductors designed for AI training and inference, and will have the ability to support AI models hundreds of billions of parameters in size. These are among the largest models out there, highlighting how China’s largest tech companies are advancing their own AI semiconductor technology as the Chinese government ramps up efforts…
At U.S. President Donald Trump’s inauguration in January 2025, only one European leader was present: Italy’s right-wing Prime Minister Giorgia Meloni. A month earlier, French President Emmanuel Macron was photographed having an intimate tête-à-tête with Trump in the dining room of the Elysée Palace, where French President Emmanuel Macron was hosting a celebration of the reopening of Notre Dame Cathedral in Paris.From the start of Trump’s second term as president, Meloni, who was once on the fringes of Italian politics with his distinctive brand of neoliberal far-right ideology, has been seen as “the chosen one” and said the European leader…
Bryson DeChambeau is relishing the chance to renew his rivalry with Rory McIlroy at the Masters, having learned a “great lesson” from last year’s final round disappointment.DeChambeau is one of the favorites to challenge for his third major title at Augusta National, with the American coming into the event having won back-to-back LIV Golf League titles, with top-six finishes the past two years. The two-time US Open champion entered last year’s final round in the final group with McIlroy and briefly led on an eventful Sunday, but finished tied for fifth with a 3-over 75 as his playing partner claimed…
Traders work on the floor of the New York Stock Exchange during morning trading on April 2, 2026 in New York City. Michael M. Santiago | Getty ImagesLONDON — European stock markets opened sharply higher on Wednesday as global markets breathed a sigh of relief after the United States and Iran agreed to a conditional cease-fire deal.The pan-European Stoxx 600 index rose 3.4% shortly after 10am in London, with all sectors except oil and gas rising. Auto, mining and travel stocks led the gains, rising 5.6%, 6% and 7.3%, respectively.british FTSE100 Index rises 2.4% in Germany dachshund France rose 4.8%…
A Gen Z girl looks at her smartphone screen in frustration while scrolling through social media.memento jpeg | moment | Getty ImagesGovernments around the world are working to crack down on teen social media use amid mounting evidence of potential harm, but critics argue that blanket bans are an ineffective quick-fix solution. In December, Australia became the first country to implement a blanket social media ban for under-16s. Platforms such as Meta Inc.’s Instagram, ByteDance Inc.’s TikTok, Alphabet Inc.’s YouTube, Elon Musk’s X, and Reddit will face penalties if they do not take age verification measures. Several European countries are…
WASHINGTON, DC – APRIL 6: US President Donald Trump speaks with Central Intelligence Agency Director John Ratcliffe (L) and Secretary of the Army Pete Hegseth (R) during a press conference in the James S. Brady Press Conference Room at the White House on April 6, 2026 in Washington, DC.Alex Wong | Getty Images News | Getty ImagesA temporary ceasefire between the US and Iran sparked widespread relief rallies across the property on Wednesday, but experts warned that any deal on a lasting peace would be complicated by a large trust deficit. The cease-fire followed a flurry of diplomatic efforts led…
HM Revenue & Customs headquarters near the Houses of Parliament in the Westminster district of London, UK, on Tuesday, January 24, 2023. Photographer: Hollie Adams/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty Images Hello. Welcome to this week’s CNBC UK Exchange.This week I am assessing the many changes that are taking place with the start of the new tax year and the largely negative impact they will have on UK households and businesses.These changes come on top of a series of cost increases for various services that were launched at the beginning of the month.Coupled with rising energy costs due…
After a month and a half of escalating conflict in the Middle East, the United States and Iran agreed on Tuesday to a two-week ceasefire. This was less than two hours before the deadline that President Donald Trump had promised would wipe out “an entire civilization.” The threat, which critics warned could amount to a war crime if carried out, appears to have so far been thwarted at the 11th hour. However, rifts remain between the two countries, with both countries portraying the temporary truce as a victory for their countries. The ceasefire is a starting point for further negotiations,…
Top articles in Wednesday’s newspapers and transfer rumors… premier leagueManchester City believe they have won the race to sign Manchester United, Chelsea and Spurs target Elliott Anderson, with Etihad bosses confident of landing the England international and Nottingham Forest midfielder in a £65m deal – The Mirror Harry Maguire has ignored Sir David Beckham’s big-money offer to join Inter Miami and wants to finish his career at Manchester United – The Sun Harry Maguire takes pay cut in new Manchester United contract, lower than previous £190,000-a-week wage – Telegraph See the back page of Sky Sports News Back Pages is…