Apple shares fall 6% after price hike due memory chip shortages
The global artificial intelligence infrastructure buildout has triggered an unexpected casualty: consumer electronics pricing. Following Apple’s sudden decision to implement…
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Category: Companies & Business
News on major companies, retail and consumer brands.
SpaceX plan to launch a direct-to-consumer mobile service in USA
The report from the Financial Times detailing SpaceX’s secret plans to launch a direct-to-consumer Starlink mobile service in the US…
South Korea market falls 8%, halts trading
The panic selling gripping global tech markets has hit ground zero in Seoul. Today, Friday, June 26, 2026, South Korea’s…
Samsung to announce $648 Billion investment plan
Samsung Group is preparing to unveil a massive, decade-long investment blueprint, pledging 1,000 trillion won (approximately $648 billion) to anchor…
Bumble up for sale, share prices surge 15%; reports
Bumble Inc. (NASDAQ: BMBL) is exploring a potential sale of the company, working with investment bankers at Morgan Stanley to…
Reliance to enter low-alcohol segment, reports
Reports from Informist Media indicating that Reliance Industries Limited (RIL) plans to enter India’s low-alcohol and ready-to-drink (RTD) beverage segment…
Airtel opposes Jio’s purposed 26GHz spectrum
A fierce legal and technical battle has broken out between India’s top two telecom giants. Bharti Airtel has formally opposed…
Govt eases quality control for toys, ACs and furniture
In a major regulatory relief for domestic manufacturing and import-dependent industries, the Department for Promotion of Industry and Internal Trade…
OMCs now reportedly earning ₹8/L on petrol
In a dramatic financial swing for India’s energy sector, public-sector Oil Marketing Companies (OMCs) are reportedly turning a corner, with…
Govt restore LPG supplies to pre-crisis levels
In a major relief for the hospitality, restaurant, and manufacturing sectors, the Ministry of Petroleum and Natural Gas has officially…