The US Securities and Exchange Commission appealed a court ruling that directed Ripple Labs Inc. to pay a $125 million civil penalty for allegedly illegally selling its XRP token, a fraction of the $2 billion the regulator pursued in a long legal battle with the cryptocurrency firm, according to a report by Bloomberg.

US SEC appeals $125 million ruling in Ripple Labs XRP case

Crude oil rose for a third day as traders reassessed supply risks in the Middle East, where Israel is seen as likely to make a retaliatory strike against Iran after Tehran's missile attack this week.

Oil rises for third straight day amid West Asia supply concerns

OpenAI has concluded a deal to raise $6.6 billion in new funding that will increase the valuation of the artificial intelligence firm to $157 billion, further cementing efforts to build world-beating generative AI, according to a report by Bloomberg.

OpenAI secures $6.6 billion in funding, now valued at $157 Billion

Nvidia has deepened ties with technology consultant Accenture as part of its campaign to spur the deployment of artificial intelligence in businesses and thereby ramp up demand for its semiconductor products.

Nvidia partners with Accenture to accelerate AI adoption in businesses

Early risers for the typical surge in October, Bitcoin speculators had an early wake-up call as tensions in the Middle East continued to escalate and sent a spate of caution across global markets.

Bitcoin falters in a weak start to its historically best month

Sri Lanka will go deep into discussions with the IMF on the structure of a $2.9 billion bailout programme during the lender's annual meetings in Washington later this month, the country's cabinet spokesperson said on Tuesday.

IMF delegation to discuss bailout plan with Sri Lanka

Gold steadied after its hike on Tuesday, as markets weighed possible next steps in a worsening Middle East conflict in the wake of Israel's vow to retaliate against Iran's missile attacks.

Gold holds steady as Iran strikes trigger increased safe-haven buying

The largest union for Boeing employees on Tuesday called on newly appointed CEO Kelly Ortberg to make more direct contact with union officials to try to end a strike by some 33,000 US West Coast workers after the aerospace company cancelled their healthcare benefits.

Striking Boeing workers urge CEO to "truly engage" after loss of health coverage

The dramatic stimulus-driven rally in Chinese stocks left traders that shorted US-listed shares reeling, according to a report from S3 Partners, with mark-to-market losses running at around $6.

China's rally causes $7 billion loss for short sellers of US-listed stocks

Following a fire over the weekend, production at a Tata Electronics plant in Tamil Nadu that produces parts for Apple iPhones will be permanently paused, according to officials, according to Reuters.

‘iPhones on fire:’ Tata suspends operations at its iPhone plant in Tamil Nadu

Consumer inflation in South Korea eased more than forecast in September, falling below the central bank's target for the first time since early 2021, amid growing expectations of an imminent policy easing.

South Korea's inflation eases more than expected, fueling speculation of a rate cut

Sri Lanka has recorded its first instance of deflation in 29 years. The Colombo consumer price index shows a decline of 0.5 per cent in September 2024. This marks a significant shift, as inflation stood at 0.

Deflation returns to Sri Lanka after 29 years: Boon or Bane?

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Zee News Rajasthan

Editor

Hardik Bhardwaj

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