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Here’s why the SPY ETF is losing billions as IVV and VOO gain

The SPDR S&P 500 Trust (SPY) ETF has continued to shed assets this year, making it the worst-performing in Wall Street. It…
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Elon Musk’s xAI secures $20B boost as Nvidia, Apollo, and Valor back data centre expansion

Elon Musk’s artificial intelligence company xAI is scaling up its ambitions with a massive $20 billion funding round, backed by Nvidia, Apollo…
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SoftBank to acquire ABB’s robotics unit for $5.4B in AI push

SoftBank Group said on Monday it would acquire the robotics division of Swiss engineering firm ABB for $5.4 billion, marking one of…
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European stocks open higher: CAC 40 climbs 0.11%, FTSE 100 jumps 0.14%

European shares opened mostly higher on Wednesday, led by gains in banks and energy stocks, though advances were tempered by declines in…
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EU steel tariff surge threatens UK exports and auto supply chains

The European Union’s decision to slash duty-free steel quotas and double tariffs on excess imports to 50% has triggered alarm among British…
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Why Tata Motors stock remains in the red for the fourth session running

Tata Motors stock continues its downward streak, dropping for the fourth straight session to ₹688.9 on the NSE, a fall of nearly…
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Adani Group under scrutiny again: what’s behind the latest probe in India

Adani Enterprises’ defence wing, Adani Defence Systems and Technologies, has found itself in hot water again, this time over allegations of import…
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JLR resumes UK production after cyberattack disrupts global supply chain

Jaguar Land Rover Automotive Plc (JLR) is restarting production at several UK sites after a major cyberattack halted operations for weeks, disrupting…
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Dow futures remain muted on Tuesday: 5 things to know before Wall Street opens

Dow futures remained in flat territory on Tuesday, after Wall Street enjoyed a strong rally that pushed major indexes to record highs….
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Evening demand drives India’s return to coal-fired power, hindering decarbonisation

Despite India’s push for clean energy, state electricity distributors are entering into long-term agreements with coal-fired power generators. This move is aimed…
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