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Why the Software Stack Still Matters in an AI-Driven Market Reset 02/04/2026

Localisation as Leverage: How BYD Is Rebuilding Its Brazil Strategy to Secure Long-Term Market Leadership 02/05/2026

Head of Shell says China and India prefer to buy LNG at a price no higher than $10 per Mbtu 02/06/2026

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Business & Finance

SoftBank To Buyback More Shares And Reduce Debt In A $41 Billion Of Asset Sales Plan

An unprecedented move is being planned by SoftBank Group Corp to restore investor confidence as the investing company wants to raise as much as $41 billion to buy back shares and reduce debt. The shares of the company as well as those of its portfolio companies has been plummeted by the rout of the...

United Airlines restores a number of international flights

The US airline United Airlines, one of the largest in the world, will restore some international flights, but in general there will be only 10% of the usually scheduled international flights in April, the company said in a press release. Earlier, US airlines announced a sharp reduction in...

UK Government Will Pay 80% Of Wages Of Workers Laid Off Due To Virus Pandemic

The United Kingdom government has said that wages of employees who are unable to work because of the coronavirus pandemic will be paid by it which is seen a very radical measure to secure the hobs of such employees. The government said that it will pay about 80 per cent of the...

Apple limits online sales of iPhone to two smartphones per person

Apple has limited iPhone sales in its online stores, allowing customers to buy no more than two smartphones per person. The last time the company introduced such restrictions was in 2007, when the first iPhone was introduced. Apple has imposed restrictions on iPhone sales through its online stores...

Analysts: Mass adoption of cryptocurrencies will be delayed for 12-18 months

Galaxy Digital CEO Mike Novogratz said the growing economic crisis will delay mass adoption of cryptocurrencies by 12-18 months. Lack of cash led to the sale of those assets that most people under other conditions would prefer to keep for the long term, said Novogratz. Gold is also falling for the...

$60 Billion Assistance For US Aerospace Industry Demanded By Boeing

The severe economic impact on the aerospace manufacturing industry of the United States because of the coronavirus pandemic has prompted Boeing Co to give a cal for a $60 billion assistance package to the industry to stay afloat. There were reports earlier this week about “tens of billions...

US Airlines Consider Possibility Of Complete Domestic Flight Halt

Airlines in the United States are contemplating something that was believed to be impossible – stopping all commercial domestic flights in the country because of the coronavirus pandemic spread and its impact on air travel demand. While it is unclear whether the US government will...

Moody’s identifies most crisis-prone industries during COVID-19 outbreak

Moody’s rating agency has issued a forecast about which areas of the business may be most affected by the coronavirus epidemic, and which will suffer less damage. Among the most affected are non-food retail, automobile, clothing, tourism, air and sea shipping. The epidemic will barely touch...

US Factories To Focus On Basic Consumer Product Production That Are In Highest Demand

Companies making consumer products have stopped production of niche items such as scented bleach and have instead sped up manufacturing of more basic merchandise which is in high demand as food and many other essentials are flying off the shelf of supermarkets. Shortages of essential items...

Oracle's Beats Quarterly Profit Estimates Powered By Growth In Its Cloud Business

Contrary to what many of the leading tech companies have been announcing with reference to their financial performance amid the coronavirus pandemic as announced by the World Health Organization (WHO), Oracle said that there will be a "minimal impact" on the fourth-quarter revenue of the company...