The United States of America, which is the largest producer of oil, holds the second largest strategic oil reserves, followed by Japan. (AI image) Did you know that China holds the largest strategic oil reserves in the world? Amid ongoing disruptions due to the US-Iran war and blockade of the Strait of Hormuz, this fact … Read more
The city-state, a longtime darling for its business-friendly stance and bilingual population, is increasingly being seen as a place to keep both China and the U.S. at bay Singapore is transforming from East-West gateway to neutral ground for the AI sector, with Chinese startups hoping to operate beyond government reach while U.S. firms seek foreign … Read more
The United States has approved only one applicant so far under President Donald Trump’s ‘Gold Card’ visa programme. According to Commerce Secretary Howard Lutnick, the visa programme will offer US residency in exchange for a $1 million fee.Testifying before a US House committee on Thursday, Lutnick said that the identity of the approved applicant was … Read more
Apple on Tuesday (April 21, 2026) named John Ternus as its next Chief Executive Officer (CEO), marking a new phase of leadership for the Cupertino-based tech giant, and Tim Cook. The change marks the end of an era at arguably one of the world’s biggest companies. Published – April 21, 2026 08:38 am IST Source … Read more
To receive repayments, importers in the US are required to submit claims which include shipment details, applicable tariff classifications. (AI image) The US government has rolled out a system to facilitate refunds of over $166 billion from tariffs introduced by Donald Trump and later invalidated by the US Supreme Court. In February, the court struck … Read more
As India’s largest bourse, the NSE is also the country’s largest unlisted company, with 1,90,000 investors. An external panel set up by India’s market regulator SEBI has recommended that the National Stock Exchange of India settle pending legal disputes by paying a little over ₹1,800 crore ($192.5 million), two sources with direct knowledge of the … Read more
Apple on Monday (April 20, 2026) named insider John Ternus as its next CEO, tasking the long-time hardware chief to steer the company after Tim Cook as the iPhone maker gears up for an industry change spurred by artificial intelligence. Mr. Ternus, who joined Apple in 2001, has recently overseen the company’s hardware engineering efforts … Read more
Amazon announced on Monday that it will invest up to $25 billion in Anthropic. As part of the deal, the AI firm has also committed to spending more than $100 billion over the next decade on Amazon’s cloud technologies. The deal signals one of the largest long-term collaborations in the rapidly intensifying AI race and … Read more
China’s economic growth rebounded more than expected in the first quarter of 2026, suggesting limited immediate spillovers from the Iran war while giving policymakers more room to delay additional stimulus. Gross domestic product (GDP) in the world’s second-largest economy expanded 5.0% year-on-year in January-March, the fastest pace in three quarters, according to data released by … Read more