WION Business Wrap | Nvidia's soaring stock, Nikkei's resurgence and more
People pass by an electronic screen showing Japan's Nikkei share price index
WION's Business Desk brings you this daily round up of global stories from the world of business and economy.
Byju's investors forge ahead with CEO ousting amid legal hurdles and financial turmoil
The meeting, organised by a consortium of shareholders including global tech investor Prosus, is poised to deliberate on Raveendran's removal amid a backdrop of profound financial distress and legal entanglements that have engulfed the company over the past year.
Vice Media announces layoffs, halts publication amid financial struggles
In a move signalling a major restructuring within the media industry, Vice Media, the once-burgeoning multimedia company, has announced plans to lay off several hundred employees and cease publication on its Vice.com website, AP News reported.
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National Handloom Day 2026: From Alia Bhatt to Samantha Ruth Prabhu; Actresses who celebrated India's textile heritage as brides
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The Royals enter the Doctor Who universe: King Charles and Queen Camilla beam into Commonwealth Games in TARDIS
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Unitree Robotics targets $9 billion valuation in landmark IPO backed by DeepSeek and Tencent
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India names 27 sites in Arunachal Pradesh
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Bharat Bhhagya Viddhaata OTT: When will Kangana Ranaut's film stream online?
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How many soldiers operate one S-400 battery?
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Shakib Al Hasan ready to return to Bangladesh—under one condition
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‘Fake news’: MEA rejects report claiming India sought defence pact with Israel after Pakistan, Saudi Arabia, Turkey deal
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Rockstar to unveil GTA 6 extended look ahead of November launch
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Russia forms Ukrainian Volunteer Spetsnaz Brigade to fight Ukraine
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Drug-resistant fungus that hides in hair and enters bloodstream reported in 23 US states
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Technology transfer deal boosts India's defence manufacturing ambitions
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Border row erupts in Europe after Ceuta crossings, Spain imposes border controls on Italy
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Morale plummets on USS Abraham Lincoln: Are US sailors reaching a breaking point? | GRAVITAS
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'Security can't be bought with Pakistan, Turkey deal': Iran tells Saudi Arabia
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Baba Vanga's 2026 prophecy: 2 predictions 'already came true', 3 terrifying ones remain. Details inside
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Colombia’s new president Abelardo de la Espriella vows to ‘defeat narco-terrorists’, signals hardline shift
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New Friday OTT releases (August 7, 2026): Operation Safed Sagar, Vadhandhi, Main Vaapis Aaunga- 6 movies and TV shows on Netflix, Prime Video and more
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Squadron Leader Bhawana Kanth scripts history as Indian Air Force gets its first woman ‘Top Gun’ pilot
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RSS says Gen Z protests reflect genuine distress
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Trump says Iranian school bombing photos could be AI-generated - 'I don’t think...'
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IAF officer held for sharing sensitive information in 'honey trap' case, booked under Official Secrets Act
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Stray Kids under scrutiny? Fans react to Grammy submission silence after BTS boycott
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Why the Su-30MKI doesn't need external fuel tanks to fly vast distances
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Jugal Hansraj reunites with Shekhar Kapur after 40 years for Masoom: The Next Generation
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New speed limits, automatic challans: Big traffic change coming to Delhi-Meerut Expressway. All you need to know
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India officially names 27 places in Arunachal to counter China's renaming claims
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Trump calls White House ballroom ruling a 'national disgrace' as court says Congress approval needed
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US sanctions Iran’s crypto network after Strait of Hormuz attacks, offers $15m bounty for intel on IRGC finance
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Why the Su-30MKI is one of the heaviest fighters ever built
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Uttarakhand young innovator builds India's own flying vehicle, conducts first test flight: WATCH
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Chilling video shows students take cover as teen opens fire at Thai school
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Reese Witherspoon's father hospitalised after poolside incident in Nashville: Report
Nikkei surges to near all-time high, driven by market optimism and corporate gains
Japan's Nikkei index surged to remarkable heights on Friday, inching closer to its all-time peak last seen during the country's economic bubble in the 1980s, signalling renewed investor confidence and buoyancy in the market.
Nvidia's surge adds $277 billion in market value, spurring record stock rally
In a historic feat, chip maker Nvidia's market capitalisation surged by $277 billion in a single day. The surge, propelled by Nvidia's quarterly report surpassing analysts' expectations, reignited optimism surrounding artificial intelligence (AI).
Reddit's IPO filing reveals narrowed losses, steady growth amid high anticipation
Reddit, the social media giant, has disclosed its intention to go public in the United States stock market, while revealing a narrowed net loss of $90.8 million and a revenue growth of approximately 21 per cent in 2023.
Toyota issues recall for 280,000 vehicles over transmission flaw: Report
Toyota has initiated a recall of approximately 280,000 pickup trucks and SUVs in the United States due to a transmission issue that could lead to unintended vehicle movement while the gear is kept on neutral.
India poised to surpass Japan and Germany, becomethird-largest economy by 2027: Jefferies
Investment banking firm, Jefferies, predicts that India is set to become the third-largest economy globally by 2027, overtaking both Japan and Germany. With India's GDP projected to reach $5 trillion in the next four years and nearly $10 trillion by 2030, the country's economic ascent is predicted to be strong.
US to impose sanctions on over 500 targets on anniversary of Ukraine war
In response to Russia's invasion of Ukraine, the United States is set to impose sanctions on more than 500 targets on Friday, marking the second anniversary of the conflict.