Author: Editor-In-Chief
This report is from this week’s CNBC Inside India newsletter, delivering timely and insightful news and market commentary on emerging powers. Subscribe here.The millions of technicians and engineers who have built India’s multi-billion dollar IT services industry have a new teammate: artificial intelligence. And accepting this partnership is no longer optional. Resistance could mean the end of your career.Tata Consultancy Services, India’s largest IT company, told analysts on an earnings call on Monday that it aims to achieve “AI fluency at scale” and now has 217,000 employees with “high-order AI skills,” up from 180,000 just a month ago.TCS is training…
We’re only two weeks into the new year, but F1 teams’ preparations for the 2026 season are set to begin on Thursday night when the Red Bull team unveils its latest livery in Detroit and kicks off its engine partnership with Ford.With the pre-season starting at an unusually early pace after the shortest winter, an even more extensive car and livery announcement schedule will continue from next week… Why does release season start so early?F1 starts in January?! If you’re wondering why teams are publicly preparing for the new season just over five weeks after last season ended in Abu…
LONDON — European stock markets opened higher on Thursday, led by AI chip stocks, which soared after TSMC’s record profits. pan-european Stocks 600 The stock rose 0.28% in the first hour of the session.Dutch semiconductor manufacturing equipment manufacturer ASML Shares soar 7% on early deals as investors react to Taiwan’s better-than-expected earnings TSMC. Last time it rose 5%.TSMC reported a 35% increase in fourth-quarter profit, beating expectations and setting a new record as demand for artificial intelligence chips remained strong.ASM International The last seen was 9.57%; BE Semiconductor Increased by 5.63%.UniCredit rose 1.1% in early trade on Thursday after Bank…
People walk past the Amazon Web Services (AWS) logo at an exhibitor booth at India Mobile Congress 2025 at Yashobhoomi convention and exhibition center in New Delhi, India, on October 8, 2025. Anushree Fadnavis | ReutersAmazon began offering its “Sovereign Cloud” product in Europe on Thursday. The move is aimed at keeping the company among the region’s leading companies even as stricter regulations for tech giants come into force.The term sovereign cloud broadly refers to cloud computing services where data is stored, processed, and not moved outside a specific jurisdiction. The European Union is requiring companies operating in the region…
Greenland residents and political leaders have publicly rejected US President Donald Trump’s proposal that the Arctic island could become part of the United States.Anadolu | Anadolu | Getty ImagesSome NATO allies are sending small numbers of troops to Greenland in a bid to shore up security on the Arctic island following tense talks with the White House over the United States’ intentions to annex the region.Denmark, Germany, France, Sweden and Norway, which are responsible for Greenland’s defense, this week confirmed plans to send military personnel to the sparsely populated island.Following his bold military intervention in Venezuela to oust President Nicolas…
The airspace restrictions began amid concerns that US President Donald Trump could attack Iran.Published January 15, 2026January 15, 2026Click here to share on social mediaShare 2shareIran has temporarily suspended most flights following US President Donald Trump’s threats against the country, US aviation officials said.Most flights are prohibited from Iranian airspace from 1:45 a.m. local time to 4 a.m. local time (22:15 to 12:30 a.m. GMT) and from 4:44 a.m. to 7 a.m. Thursday (1:14 a.m. to 3:30 a.m. GMT), according to a notice issued by the US Federal Aviation Administration (FAA).Recommended stories list of 4 itemsend of listThe restriction was…
Venezuelan officials, including acting President Delcy Rodríguez, returned to the X late Tuesday, in an apparent reversal of President Nicolas Maduro’s 2024 decision to block sites in the country. Rodriguez posted on his official account, “We will resume contact through this channel.” “Venezuela continues to stand with strength and historical awareness.” In his latest profile, Rodríguez calls himself the “Interim President of the Bolivarian Republic of Venezuela,” adding that he will “walk the Bolivarian and Chávez path with President Nicolás Maduro.” Ousted President Maduro, who was recently arrested by the US, banned X in Venezuela in August 2024 after an…
Restaurant and Pub on James Street, London, UK, Friday, December 13, 2024. Bloomberg | Bloomberg | Getty ImagesThe UK economy grew by a stronger-than-expected 0.3% in November, according to data released by the Office for National Statistics (ONS) on Thursday. Economists polled by Reuters had forecast a very modest growth rate of 0.1%. Services and production rose 0.3% and 1.1% respectively in November, the ONS said. On the other hand, the construction industry decreased by 1.3% in the same month. Following this data, the pound sterling was almost flat against the dollar, last trading at $1.3433.The latest data was released…
Danish Foreign Minister Lars Lokke Rasmussen and Greenlandic Foreign Minister Vivian Motzfeld prepare at the Danish Embassy for their meeting with U.S. Vice President J.D. Vance and Foreign Minister Marco Rubio on January 14, 2026 at the White House in Washington, DC.Mads Klaus Rasmussen | via Reuters Officials from Greenland, Denmark and the United States met at the White House on Wednesday to discuss Washington’s efforts to claim controversial ownership of Greenland.The session ended without an agreement, with Danish Foreign Minister Lars Lökke Rasmussen reflecting on “fundamental differences” between US President Donald Trump and Copenhagen.That’s not surprising.Even before the White…
US President Donald Trump has said he wants to buy Greenland from Denmark and isn’t taking “no” for an answer. Ilulissat, Greenland – In the Arctic town of Ilulissat, located beside an icy fjord in western Greenland, fisherman Joel Hansen says he is “terrified” by the possibility of a U.S. takeover of his home.US President Donald Trump has said that Greenland will become part of the US “one way or another” and has not ruled out using military force to achieve that goal.The Trump administration maintains that Greenland is geographically within the North American region and essential to U.S. security,…