Blackstone has pulled out of a consortium aiming to invest in TikTok’s US operations, adding to growing uncertainty around the deal, sources told Reuters on Friday.The investment group, led by Susquehanna International Group and General Atlantic, both existing investors in TikTok’s parent company ByteDance, had been seen as the front-runner to acquire majority control of TikTok’s US business.The private equity …
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Apple shares slide as tariff woes prompt cut in buyback program – Times of India
Apple shares dropped 5% on Friday after the company reduced its stock buyback program by $10 billion and CEO Tim Cook revealed a $900 million hit to costs this quarter due to escalating US-China trade tensions. According to Reuters, the move comes amid growing uncertainty fuelled by US President Donald Trump’s tariff policies, which have disrupted corporate planning even for …
Read More »Gold price today: Yellow metal slumps Rs 1,000 to Rs 98,400 per 10 grams amid weak global trends – Times of India
Gold prices fell sharply by Rs 1,000 to Rs 98,400 per 10 grams in National capital (AI image) Gold rate today: Gold prices fell sharply by Rs 1,000 to Rs 98,400 per 10 grams in the national capital on Monday, weighed by weak global trends, according to the All India Sarafa Association. The 99.9 per cent pure gold had previously …
Read More »Apple tempted by India! In shift away from China, 70-80 million iPhones to be made in India soon amid Trump tariff tensions – Times of India
Apple produces iPhones in India through Foxconn and Tata Electronics. (AI image) Apple aims to significantly increase iPhone production in India as part of its strategy to diversify manufacturing away from China and protect against uncertainties stemming from US-China trade tensions under the Donald Trump administration.Currently, the company produces approximately 40-43 million iPhones annually in India, with about 80% for …
Read More »US Markets Today: S&P 500, Dow Jones reflect investor caution as US -China trade deal hopes stay murky – Times of India
US markets opened on a mixed note Thursday morning as investors closely monitored ongoing signals about global trade negotiations, particularly between the United States and China.Lingering uncertainty around tariff talks, paired with cautious sentiment from key officials, continued to shape investor behaviour across asset classes.As of 9:42 AM GMT-4, US stock markets showed a mixed performance with investors closely monitoring …
Read More »Asian stocks value climb as US signals tariff relief and fed stability – Times of India
AI-generated representative image Asian markets rose on Wednesday, encouraged by US President Donald Trump’s reassurance that Federal Reserve Chair Jerome Powell will remain in his position.The Indian equity benchmarks opened on a positive note on Wednesday, with the BSE Sensexcrossing 80,200 and trading at 80,140.02, up 544 points or 0.68 percent, as of 9.21 AM. The Nifty50 also advanced, reaching …
Read More »Trump tariff bleed Indian markets: Investors lose Rs 11.3 lakh crore since April 2 – Times of India
Indian investors suffered a massive bloodbath at Dalal street, with the market capitalisation of BSE-listed companies falling by a staggering Rs 11.30 lakh crore since the beginning of April. The downfall was triggered by ongoing tariff concerns fueled by a series of aggressive tariff announcements between the United States and China.Since April 2, the BSE benchmark Sensex tumbled 1,460.18 points, …
Read More »Gold prices at record high amid US-China trade row – Times of India
HYDERABAD: The rapidly escalating trade tensions between the US and China propelled gold past the $3,200/ounce mark for the first time on Friday. This in turn also pushed the price of the yellow metal in the domestic market a step closer to the psychologically important Rs 1 lakh/10-gram mark, to Rs 96,000 by Friday evening, a new all-time peak. The …
Read More »Donald Trump’s 90-day pause on tariffs: India eyes quick trade deal with US – Times of India
In February, India and US had announced plans to complete the first phase of a trade agreement soon. (AI image) India is eager to expedite a trade agreement with the United States following US President Donald Trump’s unexpected decision to temporarily pause the implementation of reciprocal tariffs on many countries whilst increasing duties on China.Trump announced an increase to 125% …
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