Nvidia Tightens AI Chip Sales With New Asia Customer White List
Nvidia has reportedly cut by more than half the number of authorized AI chip customers across Asia, introducing a stricter…
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Category: Companies & Business
News on major companies, retail and consumer brands.
U.S. June Budget Deficit Widens to $120 Billion as Tariff Refunds Surge
The U.S. federal budget deficit widened to $120 billion in June 2026, marking a sharp reversal from the $27 billion…
12 US states sue to block Paramount’s $110B Warner Bros deal
A coalition of 12 U.S. states, led by California, has filed a lawsuit seeking to block Paramount Skydance’s proposed $110…
SpiceJet assures Delhi HC to pay ₹140 crore in KAL Airways arbitration dispute
SpiceJet has assured the Delhi High Court that it will pay ₹140 crore to KAL Airways as part of an…
Aditya Birla Group acquires Shell’s India renewable arm Sprng for $1.8 bn
The Aditya Birla Group has agreed to acquire Sprng Energy, the Indian renewable energy platform owned by Shell, at an…
USA to charge 20% on Strait of Hormuz cargo, says Trump
U.S. President Donald Trump announced that the United States is reinstating its naval blockade on Iran and will seek reimbursement…
HCLTech Q1 Profit rise 20%, announce ₹3,500 Crore AI Data Centre Investment
HCLTech reported a 20% year-on-year increase in net profit for the first quarter of FY27, driven by steady demand for…
Dubai plans to build new port to bypass Strait of Hormuz
Dubai is reportedly planning to develop a new deep-water port and logistics corridor designed to reduce reliance on the Strait…
Meta expands Louisiana data center to 5 gigawatts, investment crosses $50 billion
Meta Platforms is significantly expanding its AI infrastructure by increasing the planned capacity of its Richland Parish data center in…
Trump re-invested Cryptocurrency Gains Into Stocks and Bonds, Filings Show
U.S. President Donald Trump has disclosed that he reinvested a substantial portion of the profits from his cryptocurrency holdings into…