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Business (Page 7)

An AI-powered iPhone 16? What Apple may roll out in its latest smartphone

2024-04-27
In: Business

Ever since the launch of the iPhone 15, the public at large and analysts hunched over their laptops, have been trying to figure out when Apple will actually jump wholeheartedly on the AI bandwagon. Famously, Apple even refused to use the phrase ‘artificial intelligence’ preferring ‘machine learning’ till very recently.Continue Reading

Flight attendant to first-ever CEO at this airline – how Mitsuko Tottori created history

2024-04-27
In: Business

Mitsuko Tottori, 59, a former flight attendant who advanced to the position of CEO and President of Japan Airlines (JAL) over a career spanning 40 years, has broken a number of glass ceilings in getting to her current position in the quite patriarchal Japanese society. In effect, she has createdContinue Reading

HCL Tech Q4 results: IT major’s net profit at ₹3,986 crore; ₹18 interim dividend declared

2024-04-27
In: Business

HCL Tech Q4 results: IT major’s consolidated net profit has been declared and it has come in at a marginally higher ₹3,986 crore for the quarter versus ₹3,983 crore earlier in the corresponding period last year – a gain of 0.1%. HCL Tech has also announced a 7.1% increase inContinue Reading

Elon Musk’s Tesla Autopilot probed after 20 crashed in months since recall

2024-04-26
In: Business

The top US auto-safety regulator is again investigating Tesla Inc.’s Autopilot, this time over whether a fix deployed months ago did enough to stop people from misusing the system. Cars are parked at a Tesla dealership in Berlin Tuesday, April 23, 2024. (Sebastian Christoph Gollnow/dpa via AP)(AP) The National HighwayContinue Reading

Elon Musk once again richer than Mark Zuckerberg: Why latter lost $18 billion

2024-04-26
In: Business

Shares of Meta Platforms Inc. tumbled by 11% on Thursday, making Elon Musk, 52, overtake Mark Zuckerberg, 39. The Meta owner’s net worth plunged by $18 billion, which is the 11th largest one-day net worth drop, making his worth $157 billion now. The Tesla owner became the third richest billionaireContinue Reading

Maruti Suzuki Q4 results out: Net profit rises 48%, beats expectations

2024-04-26
In: Business

Maruti Suzuki Q4 results: Carmaker Maruti Suzuki India Limited (MSIL), India’s largest passenger on Friday reported a standalone net profit of ₹3,878 crore in the quarter ended march, according to a recent exchange filing. This was up by 48% YoY from ₹2,624 crore reported in the year-ago period. A finalContinue Reading

Tata developing high-tech machines to manufacture iPhone casing?

2024-04-26
In: Business

Tata Electronics has tied up with two Indian manufacturers in Pune and Bengaluru to develop capabilities to work on developing very sophisticated and complex high-precision machines used to produce the casing of the iPhone, Economic Times reported. The Apple logo is illuminated at a store in the city center inContinue Reading

Nawaz Modi accuses Gautam Singhania: Uses Raymond as ‘his personal fiefdom’, ‘Bhindi bazaar’ tactics

2024-04-26
In: Business

Raymond Group Chairman and Managing Director Gautam Singhania’s estranged wife Nawaz Modi claimed that there is an ongoing bid to remove her from the company’s board months after divorce settlement talks between the couple collapsed. Raymond Group Chairman and Managing Director Gautam Singhania and Nawaz Modi is seen, (Instagram/ GautamContinue Reading

Copper Hits $10,000 a Ton as Bulls Predict Looming Deficit

2024-04-26
In: Business

Copper hit $10,000 a ton for the first time in two years as speculation builds that the world’s mines will struggle to meet a coming wave of demand from green industries. Copper Hits $10,000 a Ton as Bulls Predict Looming Deficit The metal reclaimed its hold on five figures inContinue Reading

Singapore c.bank sees inflation “falling more discernibly” in Q4

2024-04-26
In: Business

By Xinghui Kok Singapore c.bank sees inflation “falling more discernibly” in Q4 SINGORE, – Singapore’s core inflation rate is expected to remain elevated in coming quarters before falling more discernibly in the fourth quarter and into 2025, the city-state’s central bank said in its macroeconomic review released on Friday. HTContinue Reading

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