Articles for tag: Acquiring, Considers, Deal, Decline, Drastic, Efforts, Intel, Intels, Landmark, Market, Potential, Qualcomm, Sparking, Struggling, Turnaround

Market News

Qualcomm considers acquiring struggling Intel, sparking potential landmark deal amidst Intel’s drastic turnaround efforts and market decline.

Qualcomm considers acquiring struggling Intel, sparking potential landmark deal amidst Intel’s drastic turnaround efforts and market decline.

Qualcomm is exploring the possibility of acquiring Intel amid the latter’s ongoing struggles in the semiconductor industry. The California-based company has proposed a friendly takeover, considering the purchase of all or part of Intel. This potential deal could be historic, especially as Intel faces significant challenges, including a sharp decline in its stock value over ...

Market News

The Fed cuts interest rates amid job market concerns, signaling potential economic shifts ahead of a tight presidential election.

The Fed cuts interest rates amid job market concerns, signaling potential economic shifts ahead of a tight presidential election.

The Federal Reserve recently cut interest rates by half a percentage point, responding to concerns about the job Market‘s health. Chair Jerome Powell announced this decision, indicating growing confidence that inflation is moving toward the 2% target. The Fed expects to gradually lower rates further, aiming for a range of 2.75% to 3.00% by 2026. ...

Market News

TikTok battles the US government in court, fighting a potential ban due to alleged national security threats and data concerns.

TikTok battles the US government in court, fighting a potential ban due to alleged national security threats and data concerns.

TikTok is challenging a U.S. law that could lead to its ban, arguing it violates constitutional rights. In court, TikTok’s lawyers claim the law unfairly targets the platform and restricts free speech. The government insists the law is necessary to address national security threats linked to TikTok’s Chinese ownership. TikTok maintains it does not share ...

Market News

India’s shipbuilding industry sees a potential boost as Japan and South Korea express interest in investments and collaboration.

India’s shipbuilding industry sees a potential boost as Japan and South Korea express interest in investments and collaboration.

Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, announced that Japan and South Korea are interested in investing in India’s shipbuilding industry. This could lead to direct investments, joint ventures, and technology sharing, enhancing India’s capabilities in this sector. To further develop shipbuilding, the ministry plans to create multiple clusters with the help of ...

Market News

LG Electronics plans a .5 billion IPO for its Indian unit, aiming to boost revenue and capitalize on India’s growth potential.

LG Electronics plans a $1.5 billion IPO for its Indian unit, aiming to boost revenue and capitalize on India’s growth potential.

LG Electronics is planning a potential initial public offering (IPO) for its Indian business, aiming to raise between $1 billion and $1.5 billion. This move could value LG Electronics India Pvt Ltd at around $13 billion. The company has selected major banks like Bank of America, Citigroup, JPMorgan Chase, and Morgan Stanley to manage the ...

Market News

RBI Governor Shaktikanta Das predicts India’s growth potential at 7.5% amidst balanced inflation and economic risks, addressing global finance in Singapore.

RBI Governor Shaktikanta Das predicts India’s growth potential at 7.5% amidst balanced inflation and economic risks, addressing global finance in Singapore.

Reserve Bank of India Governor Shaktikanta Das, speaking at the Future of Finance Forum in Singapore, projected India’s growth potential at over 7.5 percent for the ongoing financial year, surpassing the RBI’s own estimate of 7.2 percent. He acknowledged a slower growth rate of 6.7 percent in the April-June quarter due to reduced government spending ...

Market News

Boeing’s shares surged after a tentative deal with its union, but a potential strike looms as workers vote on the contract.

Boeing’s shares surged after a tentative deal with its union, but a potential strike looms as workers vote on the contract.

Boeing’s stock rose 3.7% after the company reached a tentative agreement with its largest union, representing over 32,000 workers, avoiding a potential strike. This deal is the first major negotiation led by new CEO Kelly Ortberg, who took charge just a month ago amid challenges. The proposed four-year contract includes a 25% wage increase, which ...

Market News

Trump’s sentencing delayed to post-election, averting potential jail time as he rallies against political opponents amid a tumultuous campaign.

Trump’s sentencing delayed to post-election, averting potential jail time as he rallies against political opponents amid a tumultuous campaign.

Donald Trump will avoid sentencing in his New York hush money trial until after the upcoming presidential election in November, according to a ruling by Acting State Supreme Court Justice Juan Merchan. Originally set for September 18, the sentencing has been postponed to November 26, allowing Trump to focus on his campaign without the distraction ...

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