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Business

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UniCredit, Commerzbank clash over investor support for bid
UniCredit, Commerzbank clash over investor support for bid

MILAN, Italy: Commerzbank said on June 5 that shares equivalent to 7.85 percent of its capital have been tendered under UniCredit's...

EU weighs supply chain diversification requirements
EU weighs supply chain diversification requirements

BRUSSELS, Belgium: The European Commission is considering new legislation that could require companies in sensitive sectors to diversify...

Strong hiring streak gives Fed room to hold rates steady
Strong hiring streak gives Fed room to hold rates steady

WASHINGTON, D.C.: The U.S. labor market continued to outperform expectations in May, with employers adding more jobs than forecast...

Amazon reveals warehouse robot that responds to commands
Amazon reveals warehouse robot that responds to commands

DARTFORD, England: Amazon introduced a new generation of AI-powered warehouse robot capable of responding to conversational instructions,...

Record SpaceX listing targets $75 billion raise and $1.77T value
Record SpaceX listing targets $75 billion raise and $1.77T value

NEW YORK CITY, New York: SpaceX is preparing for what could become the largest initial public offering in history, a deal that may...

Honeywell-backed Quantinuum jumps in strong market debut
Honeywell-backed Quantinuum jumps in strong market debut

NEW YORK CITY, New York: Quantinuum, the quantum computing company backed by Honeywell, saw its shares rise sharply in its Nasdaq debut...

Engineering

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Update: China starts mega waterway project on world's third-longest river
Update: China starts mega waterway project on world's third-longest river

WUHAN, June 8 (Xinhua) -- China on Monday began construction of a mega waterway project, including what is expected to become the world's...

China's nuclear generation capacity increased by 87% in a decade with standardized building strategy
China's nuclear generation capacity increased by 87% in a decade with standardized building strategy

New Delhi [India], June 8 (ANI): From 2016 to 2024, China's nuclear generation capacity increased 76 per cent (24 GW), with the country...

Investment outlook for FY27 brightens as capex push shifts from infra to consumer and logistics: BoB Research
Investment outlook for FY27 brightens as capex push shifts from infra to consumer and logistics: BoB Research

New Delhi [India], June 8 (ANI): Investment momentum is likely to broaden beyond government-led infrastructure in the financial year...

"Best May ever", says FADA as Indian auto retail looks to Q2 with cautious optimism; 59% dealers expect growth
"Best May ever", says FADA as Indian auto retail looks to Q2 with cautious optimism; 59% dealers expect growth

New Delhi [India], June 8 (ANI): Indian automobile dealers are expressing firmer confidence for the upcoming quarter, with 59.07 per...

Florentino Perez secures new 4-year term as Real Madrid President after rare electoral challenge
Florentino Perez secures new 4-year term as Real Madrid President after rare electoral challenge

Madrid [Spain], June 8 (ANI): Florentino Perez has secured another four-year term as president of Real Madrid after overcoming the...

AI-driven data centre demand far outstrips supply despite record hyperscaler spending: Jefferies
AI-driven data centre demand far outstrips supply despite record hyperscaler spending: Jefferies

New Delhi [India], June 8 (ANI): Global demand for data centres continues to significantly outpace available supply, creating a structural...

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