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Indian shares hit fresh record highs after breaching multiple milestones on Wednesday. The blue-chip Sensex index opened at a record high of 78,759 and rose to breach 79,000 level for the first time ever.

India’s Sensex breaches 79,000 for the first time ever

Creatio, a popular low-code software platform that focuses on customer relationship management, in essence, is CRM, and a close rival to Salesforce, announced it had just raised $200 million in a new funding round.

Salesforce rival Creatio raises $200 Million to hit ‘unicorn’ Status

US equities eked out a small gain Wednesday, as Amazon (AMZN) steered a rise in the technology sector that pushed its market capitalization beyond $2 trillion for the first time ever.

US stocks edge higher as Amazon crosses $2 trillion market cap

NASA has signed a deal with SpaceX at $843 million for the vehicle that will deorbit the International Space Station as its service life comes to an end. Even better is the fact that this is just as important a milestone as in space exploration, giving a whole lot more credence to SpaceX's increasing role in the aerospace sector.

NASA entrusts SpaceX with $843 million ISS deorbit mission

New claims to unemployment benefits in the United States declined last week, easing worries about changing policies to bolster labour market. However, the data was taken and included Juneteenth, a recently enacted federal holiday, that operates to swell claims sometimes.

US jobless claims dip, easing concerns about labour market shift

Volkswagen, Europe's largest automaker, announced $5 billion joint venture with American electric vehicle (EV) startup Rivian. The secretive collaboration hatched last year.

Secret California tests drive $5 billion Rivian-Volkswagen deal

The UK human rights group Stop Uyghur Genocide which is campaigning against the Chinese fast-fashion giant Shein has been leading an effort to stop the company from being listed on the London Stock Exchange (LSE).

Shein's potential London listing faces hurdles over labour concerns

It's been a tough road for Boeing. But an even tougher road for the travellers caught in this turbulence. Many have lost 'confidence' in flying, as safety incidents become a daily occurrence.

'The Boeing Curse': Aviation giant faces a tough road ahead

Boeing's scrutiny is set to widen with the entry of Sanctions. The planemaker is sanctioned by the National Safety Board over breaking an agreement by disclosing details of an investigation into the 737 Max 9 mid-air incident that happened in January.

'The Boeing Curse': Planemaker sanctioned over release of 737 MAX 9 investigation details

The micro, small, and medium enterprises (MSME) sector stand as a cornerstone of India's economic vitality, driving growth, development, and employment. Technological advancements present vast opportunities for MSMEs to innovate and further enhance their operations, with around 70 per cent of MSMEs reporting significant improvements in efficiency and growth after adopting new technologies.

How MSMEs can adapt to changing market dynamics

China's stimulus has failed to ignite demand in the second-largest economy. In the latest discovery, China has now discovered that officials allowed cash raised from the central government's budget to be invested in subpar or halted projects.

China reveals misuse of funds, raising concerns over current fiscal measures

Consumer confidence in the US fell this month as expectations for business conditions, jobs, and personal incomes dimmed. The Conference Board's index fell to 100.

US consumer confidence falls as outlook weakens on economy

Australia's inflation accelerated to a six-month high in May. This has got markets predicting another interest rate hike this year, as a key measure of core prices also rose for the fourth consecutive month.

Australia's inflation jumps to 6-month high in May

Amazon became the fifth US company to hit $2 trillion in market value on Wednesday. This comes as investors flock to the stock on optimism around artificial intelligence and potential interest rate cuts.

Amazon hits $2 trillion in valuation

The Reserve Bank of Australia reiterated on Wednesday its commitment to running a restrictive monetary policy given the broader need to contain inflation. The RBA did not dismiss the possibility of further interest rate hikes in case need be, but acknowledged the financial strain that many households were going through.

Australia's central bank keeps monetary policy restrictive over inflation concerns

The European football market showed an impressive recovery during the 2022-23 season, rising 16 per cent to hit a record high of 35.3 billion euros ($37.86 billion) in total revenue, as COVID-19 restrictions were unwound, allowing the return of a capacity crowd to the stadia, while the 2022 FIFA World Cup provided further impetus to fan interest, Deloitte said in its Annual Review of Football Finance published on Tuesday.

European football gush to record revenues post-COVID, fueled by fan return and FIFA World Cup

Japanese currency yen fell to its lowest level since 1986. This has alerted traders on a possible intervention by the central bank. Japan's Ministry of Finance and Central Bank spent $62 billion in late April and early May to stabilise the currency when it fell below 160.

Japanese yen hits lowest level since 1986

As Julian Assange, the controversial founder of WikiLeaks, walks out of US court after pleading guilty to espionage, we look at this extraordinary legal battle and Bitcoin's role in funding the mission.

WikiLeaks' $244 million Bitcoin 'war chest'

India's benchmark indices hit fresh all-time highs on Wednesday, extending their bull run for another session of multiple milestones. Both benchmarks started at new records and closed at life highs.

Indian stocks break all records

Oil prices were stable after yesterday's decline following an industry report that US crude inventories increased slightly, ahead of the release of official data.

Oil prices steady as rising US stockpiles offset tightening market

The 'Big fat Indian wedding' is more than just a slang. A recent report by investment firm Jefferies highlights the economic significance of weddings in India. The $130 billion industry ranks second only to food and grocery and is a major driver of consumption across sectors.

'The Big Fat Indian 'Paychecks': Wedding industry drives consumption & economic boom

Shares of Nvidia jumped 5 per cent on Tuesday after a 3-day slump that wiped off $430 billion from its market valuation. The tumble saw them lose around 13 per cent since the July 18 high.

Nvidia shares rebound after $430 billion market slump

United Nations Secretary-General Antonio Guterres lashed out at businesses for ‘profiting from hate.’ Guterres demanded that big consumer technology firms take responsibility and acknowledge the damage inflicted on people and communities.

UN chief demands big tech accountability to fight hate speech

Owners of the famous Trianon building in Frankfurt have filed for insolvency. This comes as the biggest economy in Europe reels with a severe property crisis. Germany’s property sector contributes a fifth of the country's total output but has faced the test of high borrowing costs and dried real estate financing since mid-2022.

Germany’s property crisis worsens: Frankfurt skyscraper owner files for insolvency

United States' scrutiny of China continues to intensify. According to Reuters, the US is investigating China Mobile, China Telecom, and China Unicom for potential espionage.

US probes China's telecom 'espionage': 3 companies under scrutiny

India's benchmark indices closed at new all-time highs, with the Sensex and Nifty closing early 1 per cent higher. The blue-chip Sensex index rose over 700 points to end over 78,000 points for the first time ever.

India’s Sensex breaches 78,000 for the first time ever