Gautam Adani

U.S. Charges Billionaire Gautam Adani in Massive Solar Energy Bribery Scandal

Indian billionaire Gautam Adani, one of the world's wealthiest individuals, finds himself at the center of a sprawling corruption scandal. U.S. federal authorities have unsealed criminal and civil charges against Adani and several associates, accusing them of orchestrating a multi-million-dollar...
Asia Stock Markets

Asian Equities Surge as Global Markets Shake Off Nvidia Concerns

Asian equities rallied on Friday, following Wall Street's overnight gains, as investors brushed aside initial concerns over Nvidia Corp.’s revenue outlook. Optimism in the markets persisted despite geopolitical tensions, mixed economic data, and ongoing uncertainties in the U.S. Treasury leadership...
Crude Oil

Oil Prices Inch Up Amid Escalating Russia-Ukraine Conflict and Market Uncertainty

Oil prices rose modestly on Friday following intensified geopolitical tensions as Russia announced it had fired a ballistic missile at Ukraine. The development sparked concerns over the potential escalation of the conflict, raising fears of tighter crude supplies in an...
China J-35A stealth fighter jet

USAF Chief of Staff Reacts to China’s New J-35A Stealth Fighter jet

The unveiling of China’s J-35A fifth-generation stealth fighter jet at the 2024 Airshow China in Zhuhai has sparked international attention and reignited debates over military technology and intellectual property. U.S. Air Force Chief of Staff Gen. David W. Allvin offered...
F-15K Fighter Fleet

U.S. Approves $6.2 Billion Upgrade for South Korea’s F-15K Fighter Fleet Amid Rising Regional Tensions

The United States' commitment to bolstering its Indo-Pacific allies, the U.S. Department of State has approved a potential $6.2 billion Foreign Military Sale (FMS) to South Korea. The sale includes advanced equipment and services aimed at upgrading the Republic of...
Digital Wallets

Silicon Valley Giants Face Government Scrutiny Over Digital Wallets

In a landmark decision, the U.S. Consumer Financial Protection Bureau (CFPB) announced on Thursday that it will subject digital wallet and payment app providers processing over 13 billion financial transactions annually to government oversight. The move places tech giants like...
Russia-Ukraine War

Biden Administration Moves to Cancel $4.65 Billion in Ukraine Debt as Term Nears End

Aimed to bolster Ukraine's resistance against Russia and fortify transatlantic alliances, the Biden administration has notified Congress of its intention to cancel $4.65 billion in Ukrainian debt. This measure represents half of a $9 billion loan issued to Kyiv under...
Adani

Indian Billionaire Gautam Adani Indicted in U.S. for Alleged Solar Energy Bribery Scheme

Indian billionaire Gautam Adani, one of the world’s wealthiest individuals, has been indicted in the United States on charges of orchestrating a bribery scheme that underpinned a massive solar energy project in India. The indictment, unsealed on Wednesday in Brooklyn...
Rent ads

Settlement in Algorithm Discrimination Lawsuit: A Step Toward AI Accountability

When Mary Louis prepared to move into a new apartment in the spring of 2021, she was eager to start fresh. However, her anticipation turned into despair after receiving a curt email that a “third-party service” had denied her tenancy....
Nvidia AI chips

Nvidia’s Revenue Forecast Raises Wall Street Concerns Amid Supply Chain Challenges

Nvidia’s revenue forecast on Wednesday rattled Wall Street, sending its stock down 2.5% in after-hours trading. The company projected its slowest revenue growth in seven quarters, raising questions about whether the artificial intelligence (AI) boom that catapulted Nvidia to prominence...
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