Markets
Asian stock markets rallied sharply on Monday, driven by growing optimism that the Donald Trump-Xi Jinping meeting could yield a favourable trade agreement. Japan’s Nikkei 225 index climbed over 2 % to cross 50,000 for the first time, while South Korea’s KOSPI and Hong Kong’s Hang Seng Index also registered strong gains. Trade Optimism Drives […]
Business
Cognizant Technology Solutions has announced it will hire more school and college graduates in 2025 than ever before, marking a significant shift in its recruitment strategy. The company’s Chief Executive Officer, Ravi Kumar S, said the initiative expands hiring beyond traditional STEM degrees to include liberal-arts and community-college graduates. Rationale Behind the
Business
Reliance Industries Limited (RIL) has formalised a joint venture with Meta Platforms’s subsidiary, Facebook Overseas, incorporating a new entity named Reliance Enterprise Intelligence Limited (REIL) on 24 October 2025. Under the amended joint-venture agreement, Reliance’s wholly owned subsidiary, Reliance Intelligence Limited, will hold 70% of REIL, while Facebook Overseas
Business
Jamie Dimon, Chief Executive of JPMorgan Chase, has warned that the United States is “too reliant on unreliable sources” for vital materials, manufacturing and products critical to national security. In remarks first reported by Business Insider, he announced a new ten-year plan worth US $1.5 trillion, called the Security and Resiliency Initiative, aimed at rebuilding […]
Business
Retail giant Target has announced plans to eliminate about 1,000 current corporate jobs and scrap nearly 800 open positions, cutting roughly 8% of its global corporate workforce. The restructuring move is aimed at simplifying operations and improving efficiency. CEO Cites Too Many Layers Incoming CEO Michael Fiddelke, set to take over in early 2026, said […]
Business
Apple has sharply reduced production of its latest model, the iPhone Air, after global demand fell well below expectations. Industry reports suggest that starting November, orders may fall to under 10% of September’s initial volume. Weak Demand Hits New Model Launched in September 2025 as part of the iPhone 17 lineup, the iPhone Air was […]