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Texas Gov. Greg Abbott effectively pauses new data center projects pending statewide grid audit
Texas Gov. Greg Abbott has ordered state regulators to audit pending data center projects seeking connections to the state's electric grid, a move ERCOT says effectively pauses those projects as Texas grapples with soaring electricity demand driven by artificial intelligence infrastructure.Abbott on Monday directed the Public Utility Commission of Texas and the Electric Reliability Council of Texas (ERCOT) to review pending data center projects and deny grid connection requests for facilities th...
Government may allow fees on UPI payment above Rs 2k
The government may allow a small charge on UPI payments exceeding two thousand rupees. This levy would apply to transactions made to businesses and not individuals. Official estimates suggest this change will impact only five percent of all UPI transactions. Most daily purchases like groceries and taxi fares will remain unaffected by this potential fee. Industry experts anticipate a possible ceiling on the absolute amount charged for these transactions.
SpaceX's revenue rises as its once-soaring stock price drifts back to Earth
Business SpaceX's revenue rises as its once-soaring stock price drifts back to Earth August 4, 20266:02 PM ET John Ruwitch A view of the Nasdaq MarketSite after SpaceX company executives rang the opening bell to celebrate the launch of SpaceX's initial public offering (IPO) in New York on June 12, 2026. TIMOTHY A. CLARY/AFP via Getty Images hide caption toggle caption TIMOTHY A. CLARY/AFP via Getty Images In its first quarterly report since offering shares to the public, Elon Musk's SpaceX annou...
Jetstar to charge passengers up to $52 to put baggage in overhead lockers
Airline says struggling to find room in overhead lockers on planes a ‘stressful part of the airport experience’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastJetstar will charge its passengers up to $52 to put carry-on baggage in the overhead locker, in a major change to the budget airline’s carry-on rules.In a press release on Wednesday morning, the airline announced it would remove the 7kg weight limit for carry-on bags, beginni...
Govt dismisses reports of fuel quality issues, says checks on
NEW DELHI: Dismissing reports of fuel quality issues at outlets, govt Tuesday said additional checks have been introduced by oil marketing companies (OMCs) to detect fuel contamination and adulteration.
Government contracts to require job creation instead of green targets under new rules
Louise Haigh says taxpayer money must benefit local communities amid backlash from environmental groupsMinisters will scrap the requirement for companies to prove their green and progressive values before they are awarded government contracts, and instead ask firms to prove they will help young people back into work.As part of a government push to reduce the number of people not in education, employment or training (Neets) in the UK and boost regional growth, public sector buyers will double the...
56% of vehicles not insured, SC says challan them
NEW DELHI: If your vehicle is not insured, you may not be able to get fuel from petrol pumps in the near future. Supreme Court Tuesday suggested this as one of the measures to tackle the problem of uninsured vehicles plying on roads and also directed that cameras deployed on highways and roads be used to identify such vehicles and send challans to owners.
US stock market hits record highs as AI profits pile and oil prices ease
S&P 500 shot up 1.8% and the main measure of Wall Street’s health topped its prior all-time high set a few months agoThe US stock market rallied to records on Tuesday as profits kept piling up for companies and as oil prices eased.The S&P 500 shot up 1.8%, and the main measure of Wall Street’s health topped its prior all-time high set a couple months ago. The Dow Jones industrial average added 907 points, or 1.7%, to its own record set the day before, while the Nasdaq composite jumped 2.6%. Cont...
From launch to data, tech to Isro facility, pvt firms to get 30-100% subsidy
New government schemes will offer significant financial support to Indian private space companies. These initiatives aim to boost domestic launch capabilities and global competitiveness for businesses. Subsidies will cover launch services, technology transfer, and access to ISRO facilities. The programs are designed to lower entry barriers and accelerate private sector growth. This support will make satellite data and infrastructure more affordable for Indian entities.
UFC’s White House spectacle led to losses of around $30m, company reveals
Freedom 250 staged on White House South LawnInvitation-only event cost an estimated $60m in allGaethje won title on night marred by Obama smearThe UFC staging its Freedom 250 card on the South Lawn of the White House in June led to losses of around $30m (roughly £22m), the company’s owners announced.US president Donald Trump, a longtime fan of the UFC, and vice-president JD Vance were in attendance for the event which marked celebrations for 250 years of American independence. Continue reading.....
After share price crash following IPO, SpaceX to report first earnings as a public company
The company will release its second quarter earnings on Tuesday, giving investors a look at its potential profitFor the first time since SpaceX went public, the world will get a first-hand look into the trillion-dollar corporation’s financials. The Elon Musk-run business will report its second quarter earnings on Tuesday, while nervous investors look to gain more insight into the rocket ship company’s potential for profit.SpaceX had a blockbuster initial public offering in June with the largest-...
US revokes 28,000 immigrant truck licences, may hit Indian drivers
The Donald Trump administration has revoked the commercial driver's licences of more than 28,000 immigrant truck drivers as part of a crackdown on non-citizen drivers while launching a programme to replace them with US military veterans. The move could significantly affect thousands of Indian truckers, particularly those from Punjab and Haryana working in the US trucking industry.
Why did the US economy slow down?
The US economy slowed more than expected, but it's not because Americans stopped spending. So what really happened?
Agthia profit jumps 147 % as cash flow strengthens and dividend rises - Khaleej Times
Agthia profit jumps 147 % as cash flow strengthens and dividend rises Khaleej Times
Stocks jump to records after upbeat company forecasts; oil, yen weaken - Khaleej Times
Stocks jump to records after upbeat company forecasts; oil, yen weaken Khaleej Times
Shein seeks $30-$40 billion valuation for August Hong Kong IPO, sources say - Khaleej Times
Shein seeks $30-$40 billion valuation for August Hong Kong IPO, sources say Khaleej Times
Inside Jeff Bezos’ $500M property empire as Amazon crosses $3 trillion
Jeff Bezos has strengthened his position among the world's richest people as Amazon's soaring valuation has boosted his fortune. The e-commerce giant crossed the $3 trillion market capitalization mark on August 2 after reporting stronger-than-expected second-quarter earnings, while the company's artificial intelligence-driven cloud business further strengthened investor confidence.
54 bank fraud accused fled India, ED seizes assets worth over Rs 35,000 crore
The Enforcement Directorate is investigating 32 bank fraud cases with 54 absconding accused. Proceedings under the Fugitive Economic Offenders Act have been launched against 27 individuals. Assets worth over Rs 840 crore have been confiscated after nine were declared offenders. Unclaimed bank deposits transferred to the RBI fund total Rs 62,683.19 crore. India's foreign exchange reserves remain comfortable, covering 10.3 months of goods imports.
أسرار ثراء أبرز المليارديرات العرب: كيف جمعوا ثرواتهم المذهلة؟
هل تساءلت يومًا كيف أصبح بعض العرب أغنى رجال العالم؟ في هذا المقال، نكشف لك أسرار ثروات المليارديرات العرب وكيف غيروا مسار الاقتصاد.
The Secret Strategies Behind the Wealth of Arab Billionaires: Insider Insights Revealed!
Ever wondered how the richest Arab billionaires accumulated their vast fortunes? Discover the strategies, sectors, and surprising facts that propelled them to the top of the wealth pyramid.
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