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Trump and Carney were close to a possible deal, but talks broke down late Friday, and 50% tariffs on about $20 billion in Canadian goods came into effect just after midnight
ONGC plans a $200 million investment to revive Venezuela’s San Cristobal oilfield. The company secured a US license for continued operations and future investments. ONGC aims to restore production to its previous peak output levels. This revival could help recover over $500 million in stuck dividends. The investment will be made over the next twelve…
SpaceX plans to invest $100 billion to build Starbase Louisiana, a 125,000-acre spaceport expected to support thousands of Starship flights annually. Construction will begin in 2027, with the first launch planned for 2029. The company expects to create over 3,000 jobs at Starbase.
Tilaknagar Industries is open to another large deal after its recent acquisition. Consolidation is gathering pace in India’s dynamic liquor market. The company seeks to broaden portfolios and gain scale through acquisitions. Tilaknagar will focus on craft spirits within super premium segments. India is projected to become the world’s largest spirits market by volume.
Meta is reportedly discussing a mid-trial settlement in a case brought by 29 states accusing it of designing Facebook and Instagram to addict teens. The company faces potential penalties of up to $1.4 trillion if it loses the trial.
Reliance Industries is considering a foray into aluminium production. This potential venture could harmoniously align its upcoming coal gasification initiatives with metal manufacturing processes. The company has already acquired tender documents for a substantial bauxite block in Odisha. Meanwhile, it is progressing on a coal gasification project in Andhra Pradesh, paving the way for a…
One explanation identified by the study is that strong profitability from assets companies already own does not necessarily make a new investment equally attractive. Its analysis found evidence that the initial returns associated with fresh fixed-asset investment have weakened in the post-pandemic period, putting downward pressure on what the paper calls “marginal profitability”.
Bill Belichick says he feels confident taking over defensive play calling if North Carolina needs him while Steve Belichick remains on medical leave. Bill has not confirmed that he will call the defense against TCU. Steve’s return date is still unknown. UNC opens its season in Dublin on August 29, leaving the Tar Heels with…
Dolly Parton has passed away at the age of eighty, as confirmed by her family. A recent video showing her humorously discussing Travis Kelce and Taylor Swift’s potential child now carries a bittersweet weight. The beloved country singer had expressed gratitude to the duo for a generous contribution to her Imagination Library, a program dedicated…