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Business

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Chime soars in debut, giving fintech sector a much-needed boost
Chime IPO pops 59%, valuing digital bank at $18.4 billion

SAN FRANCISCO, California: After months of muted IPO activity in the fintech world, digital bank Chime Financial reignited investor...

Switch 2 breaks Nintendo record with 3.5M units sold in 4 days
Nintendo Switch 2 becomes fastest-selling console ever

TOKYO, Japan: Nintendo's latest console is off to a roaring start. The company says it has sold over 3.5 million units of the newly...

U.S.-China trade progress lifts oil prices to multi-week peak
Oil hits 7-week high on U.S.-China deal and easing inflation

LONDON, UK: Crude prices surged this week as investors welcomed fresh signs of progress in U.S.-China relations, lifting hopes of reduced...

Debt fears drive fund outflows from US, inflows to Europe
Investors shift billions from US stocks to Europe, Asia

NEW YORK CITY, New York: Investor confidence in U.S. markets is showing signs of strain as global funds redirect billions toward Europe...

Japan celebrates new sumo grand champion
Onosato becomes first Japanese sumo yokozuna Since 2017

TOKYO, Japan: Japan has a new top sumo wrestler — and he's Japanese. Onosato, who weighs 191 kilograms (421 pounds), has become a yokozuna,...

TikTok star Khaby Lame detained in Las Vegas for overstaying visa
Italian TikTok star Khaby Lame leaves US after visa issue

LAS VEGAS, Nevada: Khaby Lame, the most followed person on TikTok with millions of fans, has left the United States after being held...

Engineering

Section
100 m-long 'Make in India' steel bridge launched over DFC tracks for Mumbai-Ahmedabad Bullet Train project
100 m-long 'Make in India' steel bridge launched over DFC tracks for Mumbai-Ahmedabad Bullet Train project

Bharuch (Gujarat) [India], June 16 (ANI): In a significant step forward for the Mumbai-Ahmedabad Bullet Train project, a 100-metre-long...

Operating profit of India Inc to remain healthy, led by strong domestic demand and easing input costs: ICRA
Operating profit of India Inc to remain healthy, led by strong domestic demand and easing input costs: ICRA

New Delhi [India], June 16 (ANI): Indian companies are expected to maintain healthy operating profit margins in the first quarter of...

India's economy maintains growth momentum despite global uncertainties: Report
India's economy maintains growth momentum despite global uncertainties: Report

New Delhi [India], June 16 (ANI): India's economy continues to demonstrate resilience amid global uncertainties, as country's real...

Rising Israel-Iran conflict, India faces growing threats to its energy security, trade routes, and commercial ties: GTRI
Rising Israel-Iran conflict, India faces growing threats to its energy security, trade routes, and commercial ties: GTRI

New Delhi [India], June 16 (ANI): The Indian Government should review energy risk scenarios, diversify crude sourcing and ensure strategic...

Economic Watch: China-Africa expo showcases vitality of economic, trade cooperation
Economic Watch: China-Africa expo showcases vitality of economic, trade cooperation

The fourth China-Africa Economic and Trade Expo in Changsha highlighted deepening economic ties fueled by China's zero-tariff policy...

China greenlights new sci-tech colleges for growing talent demand
China greenlights new sci-tech colleges for growing talent demand

BEIJING, June 15 (Xinhua) -- China has greenlighted the establishment of several new undergraduate universities and vocational colleges...

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