SHANTI Act push: Atomic Energy Commission clears FDI policy, sends it for inter-ministerial consultation
As India has mastered Pressurised Heavy Water Reactor (PHWR) technology and achieved criticality in Fast Breeder Reactor (FBR) technology, Jain said the next challenge is the indigenisation of Light Water Reactor (LWR) technology, which dominates the global nuclear fleet.
Meta targets May 20 for first wave of layoffs; additional cuts later in 2026
Must ReadScience & TechnologyMeta targets May 20 for first wave of layoffs; additional cuts later in 2026By Reuters -Apr 18, 2026NEW YORK: Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, with more coming later, three sources familiar with the plans told Reuters. The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round, one of the sources said. The company is planning further...
CPEC Phase II gains momentum
Chinese Consul General Yang Yundong has said that key discussions between Pakistan and China regarding CPEC Phase II, water storage technology, and new energy projects have entered their final stages. He expressed strong support for Pakistan's diplomatic role, stating that China backs Pakistan's mediation efforts between Iran and the United States, and acknowledged Pakistan's active role in promoting stability during ongoing tensions in the Middle East. He made these remarks while...
HONOR launches ‘Dream Big with HONOR 600’ campaign across GCC
Dubai:HONOR a global AI device ecosystem has kicked off its latest campaign, “Dream Big with HONOR 600,” in celebration of the launch of the HONOR 600 Series, inviting people across the GCC to share their dreams and express their creativity. Running for six weeks from April 15, the campaign combines imagination, technology, and personal storytelling, making it more than just a contest, it’s a celebration of ideas and inspiration.Mustafa Al Agha, a well-known sports journalist and television pres...
ONCF : 118 millions de Dh pour le renforcement des sous-stations entre Sidi Ichou et Fès
La société marocaine BO Technology a décroché un marché de plus de 118 millions de dirhams pour le renforcement d’une dizaine de sous-stations électriques de l’ONCF, situées entre Sidi Ichou et Fès. Des infrastructures discrètes mais essentielles au bon fonctionnement du réseau ferroviaire national. Selon des documents consultés par TelQuel, ce marché a été attribué...
Stock Rally Leaves Options Traders Readying for a Tech Rebound
A dramatic shift is underway in US equity markets. Stocks hit an all-time high Wednesday as Middle East peace hopes tamped down geopolitical anxiety, and derivatives traders who had pulled back from bullish bets are now racing to position for further gains in technology shares.
AI Trade Fuels Emerging-Markets Stock Rally After TSMC Results
A rally in technology stocks fueled a third day of gains for emerging-market equities after an upbeat forecast from Taiwan Semiconductor Manufacturing Co. bolstered confidence in earnings prospects for the sector.
Energy Storage Boom Propels Former Huawei Executive Into Billionaire Ranks
The Middle East conflict, coupled with rising electricity usage due to AI, is boosting demand for energy storage products such as those from China’s Sigenergy Technology. The investor optimism has made founder Xu Yingtong a billionaire with a net worth of $2 billion.
Bye-bye, US? Why China’s trade with Africa benefits from Trump’s policy volatility
Africa was China’s fastest growing export market in the first quarter of 2026, up 32.1 per cent year on year to US$60.66 billion, according to customs data, reflecting a continuing shift away from American trade. The growth outpaced other regions of the world, driven by high-value shipments such as machinery and vehicles as well as hi-tech equipment, including solar and battery technology. It continued a trend of Chinese manufacturers turning to the continent to offload excess capacity,...
New record! Apple’s India vendors export $2.5 bn components to China; may reach $3.5 bn
Several Apple suppliers in India contributed to shipments to China, including Foxconn, Tata Electronics, Tata-owned Pegatron Technology India, Motherson, Salcomp, TRIL Bangalore and Yuzhan Technology.
Why investors keep choosing UAE despite regional tensions
Dubai: Capital continues to flow into the UAE despite rising regional tensions, with investors leaning on policy stability, regulatory clarity and long-term economic planning when deciding where to deploy funds.Sign up for our daily business newsletter, Cheques & Balances.That confidence is visible across asset classes and investor profiles, with institutions, hedge funds, entrepreneurs and technology firms all expanding their presence in the country, even as geopolitical risks remain part of th...
Sigenergy Jumps 100% in Hong Kong Debut After $562 Million IPO
Shares of Sigenergy Technology Co., a Chinese maker of energy storage equipment, jumped in their Hong Kong trading debut Thursday after the company raised HK$4.4 billion ($562 million) in an initial public offering, a sign of investor demand in an industry swept up in a frenzied rally.
Pakistan’s IT exports register 21 percent increase
BusinessPakistanPakistan’s IT exports register 21 percent increaseBy Web Desk-Apr 16, 2026KARACHI: Pakistan’s Information Technology (IT) sector exports saw an increase of 21 percent in March 2026, ARY News reported. According to a report released by the State Bank of Pakistan, the country’s IT sector exports totaled $413 million in March, 13 per cent increase in comparison to previous month of February. Exports increased by 20 percent in the first nine months of the current fiscal year, reachin...
Accel raises $5B to back late-stage bets
Accel announced on Tuesday that it raised $5 billion in fresh capital to back late-stage companies. The venture firm told Bloomberg that $4 billion will go to its late-stage Leaders Fund, for which it hopes to cut at least 20 checks, averaging $200 million each. Accel is looking to invest in companies building AI-powered technology, with a focus on software, hardware, robotics, defense tech, and data center infrastructure.
Bain Capital opens Abu Dhabi office to target regional capital and deals
Dubai: Bain Capital has opened an office in Abu Dhabi Global Market, expanding its presence in the Middle East and strengthening access to regional investors and deal opportunities.Sign up for our daily business newsletter, Cheques & Balances.The office will support capital raising from regional institutions, expansion of portfolio companies in the Gulf and assessment of future direct investments across sectors including aviation, healthcare, digital infrastructure and financial technology.Get u...
Getting the best out of distance learning
Distance learning has, in recent times, become an essential means of ensuring continuity in education. While it can never fully replicate the richness of face-to-face classroom experiences, it has demonstrated that meaningful learning can continue even in challenging circumstances when schools, students, and families work together with commitment and discipline.The effectiveness of distance learning depends not only on technology, but on how seriously it is approached at home. One of the most im...
China’s CATL to invest US$4.4 billion in mining arm to secure EV battery supply chain
Contemporary Amperex Technology Ltd (CATL), China’s electric vehicle (EV) battery king, plans to earmark 30 billion yuan (US$4.4 billion) to establish a subsidiary to manage and expand mining assets, after the global energy shock paved the way for a quicker entry into the world’s automotive and energy storage system (ESS) markets. The investment arm, in line with CATL’s long-term growth strategy, would integrate existing mining assets, pursue high-quality mineral projects at home and abroad, and...
Victory Giant Is Said Set to Price Hong Kong Listing at Top of Range
Victory Giant Technology Huizhou Co. is likely to price its Hong Kong listing at the top of the marketed range, according to people familiar with the matter, in a sign of strong demand for the city’s biggest share sale in seven months.
India has a chance to be Asia’s gateway for global capital
The core principle is simple: Do not tax the gateway. Benefits to India will come from the second-order effects — the jobs, the investments, the technology, the capital that flows through GIFT into Asia and the world
Disney to eliminate 1,000 positions
The cuts will fall on the marketing group, which was reorganized in January, and other parts of the company, including its studio and television business, at ESPN, products and technology and certain corporate functions.