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The projected global crude oil surplus in the fourth quarter of 2025 has narrowed due to a halt in production, the International Energy Agency said on Thursday.  Meanwhile, the forecast for global crude oil demand growth in 2025 has been scaled up by the IEA in its December Oil Market Report.  The Paris-based agency’s December… Continue reading IEA cuts oil surplus forecast as demand growth outlook raised

Microsoft’s Satya Nadella has drawn global attention during his India visit, not only for a major investment pledge but also for an unexpected personal project that links artificial intelligence with one of India’s most enduring sporting traditions. While travelling, the chief executive spent his free time building a Deep Research AI app to study cricket,… Continue reading Microsoft CEO Satya Nadella unveils AI cricket app amid major India investment drive

Drax Group announced on Thursday that it is considering converting a section of its Yorkshire power station in northern England into a data centre as early as 2027. The project would repurpose land, cooling systems, and transformers that were previously used for coal generation, according to a Reuters report. Europe’s landscape of energy infrastructure is… Continue reading Drax to convert Yorkshire power station into 1GW data centre to meet AI energy demand

Dow futures declined over 100 points on Thursday as Oracle’s results reignited fears about high-flying tech stocks. The futures tied to other Wall Street indices like the S&P 500 and Nasdaq were also trading in red even after the Federal Reserve’s latest interest rate cut gave a boost to US equity markets on Wednesday. While… Continue reading Dow futures plunge after Oracle’s earnings shock: 5 things to know before Wall Street opens

India is advancing a long-term plan to strengthen its presence in space as part of its goal to become a developed economy by 2047, as per a Bloomberg report. The government is shifting from milestone missions to a deeper strategy built around human spaceflight, commercial expansion, and private investment. The focus now is on creating… Continue reading India’s lunar strategy gathers pace as New Delhi bets big on space tech growth

India’s capital markets are entering a phase where domestic fundraising is beginning to influence how global investors view the country’s economic weight. A rush of new listings, rising retail participation, and steady institutional interest have pushed IPO proceeds to a record level this year. Companies are advancing plans to list because demand for fresh equity… Continue reading How India’s IPO boom is redefining its role in global capital markets

Magnum begins life as an independent company on Monday, stepping into the public markets after completing a spinoff that marks a major shift for both the brand and its former parent, Unilever. The move finalises a separation that has been years in discussion, creating a standalone ice cream group whose listing on Amsterdam’s Euronext will… Continue reading Magnum goes solo as Unilever steps out of ice cream

The excitement around AI has been almost unprecedented this century, but in recent months the mood has begun to sour. Investors and executives of some of the biggest AI companies have openly questioned if current investment levels can really be justified, given the future revenue projections of the industry. Google Chief Executive Sundar Pichai was… Continue reading The AI bubble may burst, but it won’t be as bad as many think

InterGlobe Aviation, the operator of IndiGo, saw its share price fall more than 7% on Monday as the fallout from its widespread flight cancellations continued, prompting intensified scrutiny from India’s aviation regulator. The stock is now headed for its seventh straight session of losses after the airline cancelled more than 2,000 flights last week, leaving… Continue reading IndiGo stock slumps 7%: analysts warn rising costs could weigh on stock