Nvidia helped spark the AI rally. Its earnings could revive it.
The company’s revenue forecast, nearly double Wall Street’s estimate, showed that the starting gun had been fired in a race to develop AI that would add more than $3.5 trillion…
John Furner started as an hourly worker at Walmart; decades later, he will lead 2.1 million employees as CEO
John Furner, who is set to assume the role of the CEO of Walmart come January, once used to stock shelves as an hourly wager at the mega retailer when…
We remain committed to the Air India transformation: Singapore Airlines CEO
For Singapore Airlines, which owns one-fourth of Air India, there is “no disillusionment” about its investment, even though the Indian carrier’s losses weigh on its profitability.“We remain committed to the…
Belgium’s Lotus Bakeries sets sights on India’s middle-class cookie jar
In June 2024, Mondelez agreed to manufacture, market, distribute and sell the Lotus Biscoff biscuit brand in India. Earlier this week, the two formally announced the launch of the brand…
Warren Buffett’s $1.3 billion gift — Which four foundations received Berkshire Hathaway stocks
Billionaire value investor and the Chief Executive Officer (CEO) of the Omaha-based investment giant, Berkshire Hathaway, in his recent letter to the shareholders, announced that he is leaving his four…
Warren Buffett shares near-death experience in farewell letter: ‘Surprised by my luck in being alive’
Legendary investor Warren Buffett, in a letter to Berkshire Hathaway shareholders on 10 November, expressed gratitude for his life at 95, reflecting on a near-death experience in 1938, when he…
Novo Nordisk bets on Emcure to win India’s weight-loss drug war
Danish drugmaker Novo Nordisk on Monday announced an exclusive partnership with Pune-based Emcure Pharmaceuticals to widely distribute its weight-loss therapy semaglutide, as competition in India's fast-growing anti-obesity drug market heats…
Some Nexperia chip shipments resume as Germany welcomes de-escalation
(Corrects paragraph 10 of November 7 story to show that Volkswagen's China chief said the industry as a whole, not VW specifically, had received its first consignments of chips)Chinese export…
Nvidia sees ‘very strong’ demand for Blackwell chips — here’s what CEO Jensen Huang said
Nvidia CEO Jensen Huang on Saturday said the chipmaker is experiencing “very strong demand” for its newest, state-of-the-art Blackwell chips, which are designed to power the current Artificial Intelligence boom.Huang…
DGCA gets IDERA request for deregistration of all three FlyBig aircraft
Japanese lessor AER, LLC has sent an IDERA(Irrevocable Deregistration and Export Request Authorization) request to the Directorate General of Civil Aviation (DGCA), the Indian regulator, to deregister all three aircraft…