tiktok deal

Blackstone drops out TikTok US deal consortium: Why the firm backed out? Key reasons explained

July 20, 2025

Blackstone has withdrawn from the consortium aiming to invest in TikTok’s US operations, adding to the uncertainty surrounding the deal. The investment group, led by ...

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India in, China out: Majority of iPhones sold in the US from India, says Apple CEO Cook

August 1, 2025

Apple CEO Tim Cook confirmed that the majority of iPhones sold in the US during the last quarter were manufactured in India, while China primarily ...

Cloud run hits Amazon shares: Stock drops over 7% as AWS trails Microsoft and Google in AI-driven cloud growth; $170bn market cap erased

August 1, 2025

Amazon shares experienced a significant drop following the release of its Q2 earnings report, primarily due to the slower-than-expected growth of Amazon Web Services (AWS). ...

Cloud run hits Amazon shares: Stock drops over 7% as AWS trails Microsoft and Google in AI-driven cloud growth; $170bn market cap erased

August 1, 2025

Amazon shares experienced a significant drop following the release of its Q2 earnings report, primarily due to the slower-than-expected growth of Amazon Web Services (AWS). ...

Oil earnings slip: Exxon and Chevron Q2 profit hits 4-year low; revenue dips as crude prices stay weak despite output rise

August 1, 2025

Exxon Mobil and Chevron saw profits decline. This was their lowest in four years. Lower energy prices and increased OPEC+ oil supply impacted revenue. However, ...

India’s forex kitty rise by $2.7 billion to $698.1 billion; gold and SDR holdings also increase

August 1, 2025

India’s foreign exchange reserves saw a significant boost, climbing by $2.703 billion to reach $698.192 billion as of July 25, according to recent RBI data. ...