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India’s NSE Paves Way for Landmark IPO with Record ₹13,880 Crore Settlement 06/25/2025

Mastercard to integrate Fiserv’s stablecoin into its products 06/25/2025

US may offer Iran access to $30 billion in civilian nuclear investment 06/27/2025

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Business & Finance

Novo Nordisk to invest $4.1bn in US plant construction

Novo Nordisk, a Danish pharmaceutical corporation, said in a news release that it will invest $4.1 billion to construct a plant in Clayton, North Carolina. This is one of Novo Nordisk's biggest manufacturing investments to date. The new facility will produce injectable medications for obesity and...

The Growing EV Industry In Southeast Asia Is Still Controlled By Chinese Automakers

According to Counterpoint Research, sales of electric vehicles are rising in Southeast Asia, driven by China's BYD, and Vietnam's VinFast. These companies are displacing Japanese and Korean companies that dominate the internal combustion engine automobile industry. According to the...

Onsemi to build $2 bln chip plant in Czech Republic

The US semiconductor maker ON Semiconductor Corp. (Onsemi) said that it intends to construct a chip facility in the Czech Republic. Funding of the silicon carbide semiconductors production could reach up to 44 billion Czech crowns ($2 billion). Demand for these chips, which are more...

Study Shows Emissions And The Consumption Of Fossil Fuels Reached Historic Highs In 2023

According to the oil and gas industry's Statistical Review of World Energy report, released on Thursday, worldwide fossil fuel consumption and energy emissions reached all-time highs in 2023, despite a minor decline in fossil fuels' proportion of the world's energy mix. As global...

Ahead Of The Summer Sports Season, Football Tokens Sparkle In The Cryptoverse

A tiny but popular aspect of the cryptoverse is taking centre stage as excitement for major football tournaments in Europe and the Americas grows: fan tokens. These are not your typical digital assets; rather, they are tokens that have been issued by national teams or specific clubs,...

Saudi Arabia to float Saudi Aramco shares for $11.2 bln

Saudi Arabia plans to sell an additional $11.2 billion worth of Saudi Aramco shares. Aramco announced in a statement that the shares of the business will be sold for 27.25 riyals ($7.27). Aramco will sell 1.545 billion shares in total, or 0.64% of its share capital. The securities are being...

Saudi Arabia Plans To Sell Aramco Shares For $11.2 Billion, Less Than Anticipated

After pricing the stock at the lower end of its forecasts, Saudi Arabia is set to generate more than $11.2 billion from the sale of shares in oil giant Aramco, which would contribute in funding the country's expenditure plans, the firm announced on Friday. Aramco established a price...

US Authorities To Launch Antitrust Investigations Against Nvidia, Microsoft, And OpenAI: Reports

According to the New York Times on Wednesday, which cited people familiar with the matter, the U.S. Justice Department and the Federal Trade Commission have reached an agreement that permits them to move forward with antitrust investigations into the dominant roles that Microsoft, OpenAI, and...

Temu's And Shein's Popular Non-Tariff Shipments Hits A Traffic Jam At US Customs

Industry analysts predicted that a recent U.S. crackdown on customs brokers processing billions of dollars' worth of low-cost online shopping purchases from behemoths like China-linked Shein and Temu would result in delivery delays and bottlenecks. In part due to worries that contraband...

Airbus in talks to sell more than 100 aircraft in China

According to Bloomberg, European aerospace company Airbus SE is in negotiations to sell more than 100 wide-body A330neo aircraft to significant Chinese airlines. They claim that delivery dates have not been determined and that the conditions of the agreements are still being debated. Bloomberg's...