OpenAI CEO Sam Altman has reversed his earlier warnings about AI triggering mass job losses, acknowledging the predicted "employment apocalypse"…
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European Stocks Wipe Out All Middle East War Losses as Iran Peace Deal Edges Closer and Oil Crashes 5%
Europe's STOXX 600 closed 1% higher at 631.63 points on May 25, reaching its highest level in over two months…
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Iran’s 73-Day Internet Blackout Destroyed 3 Million Jobs and Burned $2.6 Billion Into Ash
Iran's 73-day internet blackout has triggered severe economic devastation, with officials reporting 1 million direct job losses and an estimated…
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AWS Outage Cripples Coinbase Trading Hours After CEO Pushed Non-Engineers to Write Code
Coinbase suffered a multi-hour trading disruption on May 7, 2026, after an Amazon Web Services outage affected multiple availability zones…
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Swiggy Cuts Losses by 26% and Grows Revenue 45% But Instamart Stumbles as Zepto Races Toward a Rs 9,000 Crore IPO
Swiggy narrowed its Q4 FY26 losses by 26% year-on-year to Rs 800 crore while revenue surged 45% to Rs 6,383…
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Mumbai-Based Global Device Management Platform Servify Reports Rs 787 Cr Revenue in FY25; Losses Narrow 14%s
Device management platform Servify reported a 16% increase in revenue to Rs 787 crore in FY25, up from Rs 679…
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COVID-related job losses approaching 100,000 in US oil field service sector
Job losses related to the coronavirus pandemic are approaching the 100,000 mark for U.S. oil field service companies as layoffs…
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Businesses warn of factory closures, rising costs, job losses as fuel hike strains industest, SMEs, agriculture
Pakistan’s business community has called for an economic emergency and demanded a temporary suspension of the petroleum development levy (PDL)…
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Stocks Pare Losses on Hormuz Report
New York Stock Exalter NYSE in Manhattan by 4kclips via Shutterstock The S&P 500 Index ($SPX) (SPY) today is down…
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Markets rally, oil company losses and Land Rovers to obtain cheaper in India — Editor’s Picks from Moneycontrol
The markets have started the new financial year with a burst of optimism. Equities surged today, with the Sensex climbing…
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