Business

Microsoft has entered into a $9.7 billion cloud services agreement with Australian artificial intelligence infrastructure provider IREN, a deal that will give the tech major access to Nvidia chips as it scales its AI and cloud operations, AP reported.The five-year agreement includes a 20% prepayment and is aimed at supporting Microsoft’s efforts to meet the surging demand for AI computing …

Riding on the festive shopping wave, Unified Payments Interface (UPI) transactions soared to an all-time high of Rs 27.28 lakh crore in October, clocking 20.7 billion transactions, according to data from the National Payments Corporation of India (NPCI), reported PTI.This marks a 9.5% month-on-month rise in transaction value from Rs 24.9 lakh crore in September and a 16% jump year-on-year …

There will be a review of rail security in the UK following a mass stabbing on a train, Transport Secretary Heidi Alexander has said. A man has been charged with 10 counts of attempted murder after the knife attack on a Doncaster to London service on Saturday night. Alexander told the BBC the government would “review security arrangements” and respond …

India’s manufacturing sector continued to strengthen in October, building on solid momentum from September. The movement was lifted by improving domestic demand, GST relief measures and increased technology investments that boosted factory activity.According to the latest data released by S&P Global, the HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose to 59.2 in October, up from 57.7 in September, signalling …

Rental payments will be reflected in credit scores, one of the UK’s main credit ratings agencies has said. Experian said it was overhauling its scoring system to better reflect “more of the everyday financial behaviours that matter” which included things “like paying rent or reducing overdraft use”. The new system will see the maximum credit score someone can have go …

Kate Justice,Hereford and Elliot Ball,West Midlands BBC Cat Hornsey said the charity would not finish despite the setback of having to leave its church location, where it had been operating since 2019 A foodbank has reassured clients it “will still keep going” despite news it has to leave its base in Hereford. FoodShare, at St Martin’s Hereford, was told it …

US President Donald Trump says he does not know who Changpeng Zhao is, despite pardoning the cryptocurrency multi-billionaire last month. Trump was asked about the pardon during an interview with CBS News’ 60 Minutes programme, which was broadcast on Sunday. Zhao, who is also known as “CZ”, pleaded guilty to enabling money laundering in 2023. He served four months in …

Prime Minister Narendra Modi inaugurated the Emerging Science & Technology Innovation Conclave (ESTIC) 2025 at Bharat Mandapam in New Delhi on Monday.Addressing the gathering, the Prime Minister said, “Today is also a big day in the world of science and technology. In the twenty-first century, there was a great need for experts from around the world to come together to …

Asian stocks advanced on Monday, kicking off the the week on the back of AI optimisim, after Wall Street saw another tech led rally.Hong Kong’s HSI jumped to 26,043, adding 136 points or 0.53%. Kospi also traded up 2.4%, reaching 4,209 at 9:25 AM IST. Shanghai also traded in green, reaching 3,956.Shenzhen, sank 1%, down 141 points.Meanwhile, Japan remained closed …

US President Donald Trump has warned that the American economy could face severe damage if the Supreme Court overturns his tariff policy. In an interview at CBS’s “60 Minutes,” Trump was asked what will happen if US Supreme Court invalidates tariffs.”“I think our country will be immeasurably hurt. I think our economy will go to hell. Look, because of tariffs, …