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World News

Comprehensive coverage across politics, economics, infrastructure, and the stories shaping modern World

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America

Former Fed Chair Alan Greenspan Dies at 100

Former Fed Chair Alan Greenspan Dies at 100

Former federal reserve chairman Allen Greenspan died at 100 at his home from complications of Parkinson’s disease. He served as Fed chairman of the US Federal reserve from 1987 to January 2006, making him the second longest serving chairman in…

By Shivangi
Japan Targets $2.3 Trillion in Public and Private Investment by 2040
Asia

Japan Targets $2.3 Trillion in Public and Private Investment by 2040

Japan is reportedly preparing a new growth strategy targeting about $2.3 trillion in public and private investment by 2040. The plan will focus on strategic sectors including AI, semiconductor chips and space development, according to the Nikkei.

By Shivangi
Ambani’s Jio Platforms Files for $3.8B IPO, Eyeing India’s Biggest Listing
Asia

Ambani’s Jio Platforms Files for $3.8B IPO, Eyeing India’s Biggest Listing

Mukesh Ambani’s Jio Platforms has filed for a Mumbai IPO that could raise $3.8 billion and value the business at $131 billion. The firm intends to utilize much of the proceeds from the IPOs to pay off debt and support investments in 5G, broadband, AI and cloud services.

By Shivangi
Ant Group-Backed DSC Plans US IPO at Up to $901 Million Valuation
Asia

Ant Group-Backed DSC Plans US IPO at Up to $901 Million Valuation

China's DSC Holdings, supported by Ant Group, is targeting US initial public offering target of up to $901 million. The company plans to sell as much as $54 million in 3 million American depositary shares at $16 to $18 each. DSC, which provides digital tools and transaction services for used car dealers in China, claims a greater than 90% share of the operating system market for the capital used car sector. The firm intends to go public and list on Nasdaq via the ticker symbol "DSC"."

By Shivangi
America

US Delays Blacklisting DeepSeek and More Than 100 Chinese Firms

Sources familiar with the matter said that the United States has postponed adding DeepSeek, CXMT and over 100 other Chinese companies to its trade blacklist. The companies received approval to be added to the Commerce Department's Entity List last year but have not been published. Sources told the Trump administration had delayed this move to avoid an escalation of tensions with China. Thus far, it has been suggested the delayed listings encompass companies associated with semiconductor, artificial intelligence and drone sectors, sectors U.S. officials regard as national security threats.

By Shivangi
America

GM and Lockheed Martin Partner for Defence Manufacturing Projects

General Motors has formed a new partnership with Lockheed Martin to bolster U.S. industrial and defense production capacity. The partnership, born from the U.S. Department of Defense, will be centered on production and supply chains manufacturing efficiency. GM Defense will apply the capabilities of any number of its facilities and laboratories to help with it; Lockheed Martin is still pouring money into expanded production capability. This news is being made against the background of defense firms looking to expand their production capacity as demand surges and the industry needs to keep up with it.

By Shivangi
America

SpaceX Set to Overtake Amazon as Post-IPO Rally Accelerates

On Tuesday, SpaceX extended its post-IPO rally, sending the aerospace company heading to becoming the fifth-largest company in the world (after Apple and Alphabet) and recently topping Amazon as well. The shares gained over 8% in premarket trading and were…

By Shivangi
America

Microsoft Sued by Shareholders Over Azure Growth and Rising AI Spending

Microsoft is facing a proposed class-action lawsuit from shareholders who allege the company failed to disclose slowing growth in its Azure cloud business and the rising costs of its artificial intelligence investments. The lawsuit follows a 10% decline in Microsoft's share price on January 29, which wiped out approximately $357 billion in market value. Investors claim the company misled the market about Azure's growth outlook and the impact of heavy AI-related spending. Microsoft has rejected the allegations, calling the claims without merit and pledging to defend itself in court.

By Shivangi

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